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GLCO (Global Links) Quick Ratio : 0.05 (As of Jun. 2006)


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What is Global Links Quick Ratio?

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. Global Links's quick ratio for the quarter that ended in Jun. 2006 was 0.05.

Global Links has a quick ratio of 0.05. It indicates that the company cannot currently fully pay back its current liabilities.

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

GLCO's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.8
* Ranked among companies with meaningful Quick Ratio only.

Global Links Quick Ratio Historical Data

The historical data trend for Global Links'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.

* Premium members only.

Global Links Quick Ratio Chart

Global Links Annual Data
Trend Dec04 Dec05
Quick Ratio
- 0.02

Global Links Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Quick Ratio Get a 7-Day Free Trial Premium Member Only - 0.02 0.02 0.04 0.05

Competitive Comparison of Global Links's Quick Ratio

For the Real Estate - Development subindustry, Global Links'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.


Global Links's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Global Links's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Global Links's Quick Ratio falls into.



Global Links 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.

Global Links'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
=(0.103-0.004)/4.745
=0.02

Global Links'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
=(0.208-0.004)/4.492
=0.05

* 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.


Global Links  (OTCPK:GLCO) 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.


Global Links Quick Ratio Related Terms

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Global Links Business Description

Traded in Other Exchanges
N/A
Address
3571 East Sunset Road, Suite 102, Las Vegas, NV, USA, 89120
Global Links Corp is a real estate centric company. The company has completed research in modular micro housing and international folding housing products.

Global Links Headlines

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