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Freco Viet Nam (HSTC:TAB) Quick Ratio : 0.00 (As of . 20)


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What is Freco Viet Nam 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. Freco Viet Nam's quick ratio for the quarter that ended in . 20 was 0.00.

Freco Viet Nam 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 Freco Viet Nam's Quick Ratio or its related term are showing as below:

HSTC:TAB's Quick Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 1.17
* Ranked among companies with meaningful Quick Ratio only.

Freco Viet Nam Quick Ratio Historical Data

The historical data trend for Freco Viet Nam'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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Freco Viet Nam Quick Ratio Chart

Freco Viet Nam Annual Data
Trend
Quick Ratio

Freco Viet Nam Semi-Annual Data
Quick Ratio

Competitive Comparison of Freco Viet Nam's Quick Ratio

For the Conglomerates subindustry, Freco Viet Nam'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.


Freco Viet Nam's Quick Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Freco Viet Nam's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Freco Viet Nam's Quick Ratio falls into.


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Freco Viet Nam 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.

Freco Viet Nam's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Freco Viet Nam'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.


Freco Viet Nam  (HSTC:TAB) 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.


Freco Viet Nam Quick Ratio Related Terms

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Freco Viet Nam Business Description

Traded in Other Exchanges
N/A
Address
Tran Duy Hung Street, No. 2823, Building C2 D'capitale, Trung Hoa Ward, Cau Giay District, Hanoi, VNM
Freco Viet Nam Corp is a Vietnam-based company. It operates in the following main areas: Logistics, Investing in renewable energy, Mechanical and electrical construction, construction and traffic works, and Trading in machinery, equipment, motor vehicles and construction materials.

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