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Ibdaa Al-Sharq General Contract And Investment SVCS (IQS:SIBD) Quick Ratio : 0.00 (As of . 20)


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What is Ibdaa Al-Sharq General Contract And Investment SVCS 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. Ibdaa Al-Sharq General Contract And Investment SVCS's quick ratio for the quarter that ended in . 20 was 0.00.

Ibdaa Al-Sharq General Contract And Investment SVCS 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 Ibdaa Al-Sharq General Contract And Investment SVCS's Quick Ratio or its related term are showing as below:

IQS:SIBD's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.8
* Ranked among companies with meaningful Quick Ratio only.

Ibdaa Al-Sharq General Contract And Investment SVCS Quick Ratio Historical Data

The historical data trend for Ibdaa Al-Sharq General Contract And Investment SVCS'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.

Ibdaa Al-Sharq General Contract And Investment SVCS Quick Ratio Chart

Ibdaa Al-Sharq General Contract And Investment SVCS Annual Data
Trend
Quick Ratio

Ibdaa Al-Sharq General Contract And Investment SVCS Semi-Annual Data
Quick Ratio

Competitive Comparison of Ibdaa Al-Sharq General Contract And Investment SVCS's Quick Ratio

For the Real Estate Services subindustry, Ibdaa Al-Sharq General Contract And Investment SVCS'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.


Ibdaa Al-Sharq General Contract And Investment SVCS's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ibdaa Al-Sharq General Contract And Investment SVCS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ibdaa Al-Sharq General Contract And Investment SVCS's Quick Ratio falls into.



Ibdaa Al-Sharq General Contract And Investment SVCS 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.

Ibdaa Al-Sharq General Contract And Investment SVCS's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Ibdaa Al-Sharq General Contract And Investment SVCS'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.


Ibdaa Al-Sharq General Contract And Investment SVCS  (IQS:SIBD) 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.


Ibdaa Al-Sharq General Contract And Investment SVCS Quick Ratio Related Terms

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Ibdaa Al-Sharq General Contract And Investment SVCS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Street 21, Building 28, 2nd floor, Adhamiya - Ras Al-Hawash, District 308, Baghdad, IRQ
Website
Ibdaa Al-Sharq General Contract And Investment SVCS is engaged in the field of real estate investments.

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