Vantage Towers AG (HAM:VTWR) Quick Ratio: 0.19 (As of Mar. 2023)


HAM:VTWR Vantage Towers AG HAM:VTWR
44 GF Score
Price €38.60
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What is Vantage Towers AG Quick Ratio?

Vantage Towers AG HAM:VTWR 44 Quick Ratio is 0.19 as of Mar. 2023. GuruFocus rates HAM:VTWR with a GF Score™ of 44/100.

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. Vantage Towers AG's quick ratio for the quarter that ended in Mar. 2023 was 0.19.

Vantage Towers AG has a quick ratio of 0.19. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Vantage Towers AG's Quick Ratio or its related term are showing as below:

HAM:VTWR's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.84
* Ranked among companies with meaningful Quick Ratio only.

Vantage Towers AG  (HAM:VTWR) 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.


Vantage Towers AG Quick Ratio Related Terms


Vantage Towers AG Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Quick Ratio Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Quick Ratio
0.83 0.90 0.19

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Quick Ratio Get a 7-Day Free Trial 0.83 0.78 0.90 0.68 0.19

HAM:VTWR vs BEKE, CBRE, CSGP: Quick Ratio Comparison

For the Real Estate Services subindustry, Vantage Towers AG'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.


Vantage Towers AG Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vantage Towers AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Vantage Towers AG's Quick Ratio falls into.


HAM:VTWR
44GF Score
Vantage Towers AG HAM:VTWR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers AG 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.

Vantage Towers AG's Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Quick Ratio (A: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(599.8-0)/3098.6
=0.19

Vantage Towers AG's Quick Ratio for the quarter that ended in Mar. 2023 is calculated as

Quick Ratio (Q: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(599.8-0)/3098.6
=0.19

* 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 0.19 mean?
Vantage Towers AG (HAM:VTWR) has a Quick Ratio of 0.19 as of Mar. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vantage Towers AG and its competitors.
Is Vantage Towers AG's Quick Ratio too high?
Vantage Towers AG's current Quick Ratio is 0.19. The Real Estate industry median Quick Ratio is 0.84. Vantage Towers AG's value of 0.19 is 77.4% below this industry median. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Quick Ratio compare to BEKE and CBRE?
Vantage Towers AG's Quick Ratio of 0.19 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.84. Vantage Towers AG's value of 0.19 is 77.4% 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,792 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. Vantage Towers AG's current Quick Ratio of 0.19 is 77.4% 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 Vantage Towers AG and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vantage Towers AG's current Quick Ratio is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (HAM:VTWR) has a current Quick Ratio of 0.19. The current Quick Ratio is 0.19 and 77.4% below the Real Estate industry median of 0.84. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (HAM:VTWR), the current Quick Ratio is 0.19 as of Mar. 2023. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€38.60
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