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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Quick Ratio : 0.00 (As of Oct. 2017)


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What is Indo Global Exchange(s) Pte 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. Indo Global Exchange(s) Pte's quick ratio for the quarter that ended in Oct. 2017 was 0.00.

Indo Global Exchange(s) Pte 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 Indo Global Exchange(s) Pte's Quick Ratio or its related term are showing as below:

IGEX's Quick Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.32
* Ranked among companies with meaningful Quick Ratio only.

Indo Global Exchange(s) Pte Quick Ratio Historical Data

The historical data trend for Indo Global Exchange(s) Pte'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.

* Premium members only.

Indo Global Exchange(s) Pte Quick Ratio Chart

Indo Global Exchange(s) Pte Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 - - -

Indo Global Exchange(s) Pte Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Indo Global Exchange(s) Pte's Quick Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Indo Global Exchange(s) Pte'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.


Indo Global Exchange(s) Pte's Quick Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indo Global Exchange(s) Pte's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Indo Global Exchange(s) Pte's Quick Ratio falls into.



Indo Global Exchange(s) Pte 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.

Indo Global Exchange(s) Pte's Quick Ratio for the fiscal year that ended in Jul. 2017 is calculated as

Quick Ratio (A: Jul. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.487
=0.00

Indo Global Exchange(s) Pte's Quick Ratio for the quarter that ended in Oct. 2017 is calculated as

Quick Ratio (Q: Oct. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.487
=0.00

* 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.


Indo Global Exchange(s) Pte  (OTCPK:IGEX) 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.


Indo Global Exchange(s) Pte Quick Ratio Related Terms

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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Business Description

Traded in Other Exchanges
N/A
Address
6400 S. Fiddlers Green, No. 250 No.1012, Greenwood Village, CO, USA, 80111
Indo Global Exchange(s) Pte Ltd is a holding company. The company is focusing on developing assets within the pharmaceutical and nutraceutical industries.