ECCI (Ecoloclean Industries) Quick Ratio: 0.11 (As of Jun. 2006)


What is Ecoloclean Industries Quick Ratio?

Ecoloclean Industries ECCI -90.00% Quick Ratio is 0.11 as of Jun. 2006.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Ecoloclean Industries's quick ratio for the quarter that ended in Jun. 2006 was 0.11.

Ecoloclean Industries has a quick ratio of 0.11. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Ecoloclean Industries's Quick Ratio or its related term are showing as below:

ECCI's Quick Ratio is not ranked *
in the Waste Management industry.
Industry Median: 1.42
* Ranked among companies with meaningful Quick Ratio only.

Ecoloclean Industries  (OTCPK:ECCI) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.

Ecoloclean Industries Quick Ratio Related Terms

Ecoloclean Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ecoloclean Industries's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ecoloclean Industries Quick Ratio Chart

Ecoloclean Industries Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Quick Ratio
1.63 0.00 0.19 0.18 0.14

Ecoloclean Industries Quarterly Data
Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.17 0.14 0.11 0.11

ECCI vs ECEZ, AFBG, CESX: Quick Ratio Comparison

For the Waste Management subindustry, Ecoloclean Industries's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ecoloclean Industries Quick Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Ecoloclean Industries's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ecoloclean Industries's Quick Ratio falls into.


Ecoloclean Industries Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Ecoloclean Industries's Quick Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Quick Ratio (A: Dec. 2005 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.289-0.076)/1.541
=0.14

Ecoloclean Industries's Quick Ratio for the quarter that ended in Jun. 2006 is calculated as

Quick Ratio (Q: Jun. 2006 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.4-0.187)/2.01
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.11 mean?
Ecoloclean Industries (ECCI) has a Quick Ratio of 0.11 as of Jun. 2006. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ecoloclean Industries and its competitors.
Is Ecoloclean Industries' Quick Ratio too high?
Ecoloclean Industries' current Quick Ratio is 0.11. The Waste Management industry median Quick Ratio is 1.42. Ecoloclean Industries' value of 0.11 is 92.3% below this industry median.
How does Ecoloclean Industries' Quick Ratio compare to ECEZ and AFBG?
Ecoloclean Industries' Quick Ratio of 0.11 can be compared against companies in the Waste Management industry. The industry median Quick Ratio is 1.42. Ecoloclean Industries' value of 0.11 is 92.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Waste Management company?
The median Quick Ratio among Waste Management companies is 1.42, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ecoloclean Industries's current Quick Ratio of 0.11 is 92.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ecoloclean Industries and its competitors. For the Waste Management industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoloclean Industries's current Quick Ratio is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoloclean Industries stock overvalued right now?
Ecoloclean Industries (ECCI) has a current Quick Ratio of 0.11. The current Quick Ratio is 0.11 and 92.3% below the Waste Management industry median of 1.42. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Ecoloclean Industries (ECCI), the current Quick Ratio is 0.11 as of Jun. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ecoloclean Industries Business Description

Address 2242 South Highway 83, Crystal City, TX, USA, 78839
Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.