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. Getlink SE's quick ratio for the quarter that ended in Dec. 2024 was 1.36.
Getlink SE has a quick ratio of 1.36. It generally indicates good short-term financial strength.
The historical rank and industry rank for Getlink SE's Quick Ratio or its related term are showing as below:
GRPTF'
s Quick Ratio Range Over the Past 10 Years
Min: 1.36 Med: 2.16 Max: 3.18
Current: 1.36
During the past 13 years, Getlink SE's highest Quick Ratio was 3.18. The lowest was 1.36. And the median was 2.16.
GRPTF's Quick Ratio is ranked better than 53.04% of 988
companies
in the Transportation industry
Industry Median: 1.31
vs GRPTF: 1.36
Getlink SE Quick Ratio Historical Data
The historical data trend for Getlink SE'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.
Competitive Comparison of Getlink SE's Quick Ratio
For the Railroads subindustry, Getlink SE'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.
Getlink SE's Quick Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Getlink SE's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Getlink SE's Quick Ratio falls into.
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.
Getlink SE's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
Getlink SE (OTCPK:GRPTF) 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.
Getlink SE Quick Ratio Related Terms
Thank you for viewing the detailed overview of Getlink SE's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Getlink SE manages and operates a railroad tunnel connecting continental Europe and the United Kingdom. It is organized into the following segments: Eurotunnel, Europorte, and ElecLink. The Eurotunnel segment, which derives maximum revenue, operates and markets its shuttle services in the tunnel and also provides access, on payment of a toll, for the circulation of the railway companies' high-speed passenger trains (Eurostar) and rail freight services through its railway network. The Europorte segment covers the entire rail freight transport logistics chain in France as well as cross-border flows to Belgium and Germany. The ElecLink segment is engaged in the operation of its electricity interconnector which runs through the Channel Tunnel linking the French and British electricity grids.
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