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Cam Ha JSC (HSTC:CHC) Quick Ratio : 0.00 (As of . 20)


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What is Cam Ha JSC 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. Cam Ha JSC's quick ratio for the quarter that ended in . 20 was 0.00.

Cam Ha JSC has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Cam Ha JSC's Quick Ratio or its related term are showing as below:

HSTC:CHC's Quick Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.14
* Ranked among companies with meaningful Quick Ratio only.

Cam Ha JSC Quick Ratio Historical Data

The historical data trend for Cam Ha JSC'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.

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Cam Ha JSC Quick Ratio Chart

Cam Ha JSC Annual Data
Trend
Quick Ratio

Cam Ha JSC Semi-Annual Data
Quick Ratio

Competitive Comparison of Cam Ha JSC's Quick Ratio

For the Furnishings, Fixtures & Appliances subindustry, Cam Ha JSC'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.


Cam Ha JSC's Quick Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Cam Ha JSC's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Cam Ha JSC's Quick Ratio falls into.



Cam Ha JSC 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.

Cam Ha JSC's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Cam Ha JSC's Quick Ratio for the quarter that ended in . 20 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.


Cam Ha JSC  (HSTC:CHC) 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.


Cam Ha JSC Quick Ratio Related Terms

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Cam Ha JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
448 Hung Vuong Street, Thanh Ha Ward, Quang Nam Province, Hoi An, VNM
Cam Ha JSC is a wooden furniture manufacturer in Vietnam. It is also engaged in producing and trading all kinds of logs, sawn timber, household furniture, materials for the wood industry. Its products include tables, chairs, sets, and others. Its products are exported mainly to Europe and America.

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