Vinaship JSCHSTC:VNA +1.35%18 Quick Ratio is 0.00 as of . 20. GuruFocus rates HSTC:VNA with a GF Score™ of 18/100. Among 1,002 Transportation companies, Vinaship JSC ranks worse than 99800.3% on this metric.
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. Vinaship JSC's quick ratio for the quarter that ended in . 20 was 0.00.
Vinaship 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 Vinaship JSC's Quick Ratio or its related term are showing as below:
HSTC:VNA's Quick Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.355 * Ranked among companies with meaningful Quick Ratio only.
Vinaship JSC (HSTC:VNA) 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.
Vinaship JSC Quick Ratio Related Terms
Vinaship JSC Quick Ratio Historical Data
* Premium members only.
The historical data trend for Vinaship 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.
Vinaship JSC Quick Ratio Chart
Vinaship JSC Annual Data
Trend
Quick Ratio
Vinaship JSC Semi-Annual Data
Quick Ratio
Vinaship JSC Quick Ratio Competitor Comparison
For the Marine Shipping subindustry, Vinaship 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.
Vinaship JSC Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Vinaship JSC's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Vinaship JSC'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.
Vinaship JSC's Quick Ratio for the fiscal year 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.
Vinaship JSC (HSTC:VNA) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vinaship JSC and its competitors. According to the industry distribution chart, Vinaship JSC ranks #999999 out of 1002 companies in the Transportation industry.
Is Vinaship JSC's Quick Ratio too high?
Vinaship JSC's current Quick Ratio is 0.00. Based on the distribution chart, Vinaship JSC ranks #999999 out of 1002 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Vinaship JSC has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Vinaship JSC's Quick Ratio compare to competitors?
According to the Transportation industry distribution chart, Vinaship JSC ranks #999999 out of 1002 companies for Quick Ratio. This places Vinaship JSC in the lower half of its industry. The industry median Quick Ratio is 1.36. 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.36, based on 1,002 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. 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 Vinaship JSC and its competitors. For the Transportation industry, the median Quick Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinaship JSC's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinaship JSC stock overvalued right now?
Vinaship JSC (HSTC:VNA) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Vinaship JSC's overall GF Score™ is 18/100. 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 Vinaship JSC (HSTC:VNA), the current Quick Ratio is 0.00 as of . 20. 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.
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