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Middle East for Production and Marketing-Fish (IQS:AMEF) Quick Ratio : 0.00 (As of . 20)


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What is Middle East for Production and Marketing-Fish 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. Middle East for Production and Marketing-Fish's quick ratio for the quarter that ended in . 20 was 0.00.

Middle East for Production and Marketing-Fish 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 Middle East for Production and Marketing-Fish's Quick Ratio or its related term are showing as below:

IQS:AMEF's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.03
* Ranked among companies with meaningful Quick Ratio only.

Middle East for Production and Marketing-Fish Quick Ratio Historical Data

The historical data trend for Middle East for Production and Marketing-Fish'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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Middle East for Production and Marketing-Fish Quick Ratio Chart

Middle East for Production and Marketing-Fish Annual Data
Trend
Quick Ratio

Middle East for Production and Marketing-Fish Quarterly Data
Quick Ratio

Competitive Comparison of Middle East for Production and Marketing-Fish's Quick Ratio

For the Farm Products subindustry, Middle East for Production and Marketing-Fish'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.


Middle East for Production and Marketing-Fish's Quick Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Middle East for Production and Marketing-Fish's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Middle East for Production and Marketing-Fish's Quick Ratio falls into.



Middle East for Production and Marketing-Fish 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.

Middle East for Production and Marketing-Fish's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Middle East for Production and Marketing-Fish'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.


Middle East for Production and Marketing-Fish  (IQS:AMEF) 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.


Middle East for Production and Marketing-Fish Quick Ratio Related Terms

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Middle East for Production and Marketing-Fish (IQS:AMEF) Business Description

Traded in Other Exchanges
N/A
Address
Naser Helwa Building, Hai Al Wahda, Baghdad, IRQ
Website
Middle East for Production and Marketing-Fish operates in aquaculture processes. Its activities include the breeding and marketing of fish and fish products including fresh, canned, and frozen seafood.

Middle East for Production and Marketing-Fish (IQS:AMEF) Headlines

No Headlines