GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » PT Homeco Victoria Makmur Tbk (ISX:LIVE) » Definitions » Quick Ratio

PT Homeco Victoria Makmur Tbk (ISX:LIVE) Quick Ratio : 0.00 (As of . 20)


View and export this data going back to 2024. Start your Free Trial

What is PT Homeco Victoria Makmur Tbk 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. PT Homeco Victoria Makmur Tbk's quick ratio for the quarter that ended in . 20 was 0.00.

PT Homeco Victoria Makmur Tbk 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 PT Homeco Victoria Makmur Tbk's Quick Ratio or its related term are showing as below:

ISX:LIVE's Quick Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.19
* Ranked among companies with meaningful Quick Ratio only.

PT Homeco Victoria Makmur Tbk Quick Ratio Historical Data

The historical data trend for PT Homeco Victoria Makmur Tbk'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.

PT Homeco Victoria Makmur Tbk Quick Ratio Chart

PT Homeco Victoria Makmur Tbk Annual Data
Trend
Quick Ratio

PT Homeco Victoria Makmur Tbk Semi-Annual Data
Quick Ratio

Competitive Comparison of PT Homeco Victoria Makmur Tbk's Quick Ratio

For the Furnishings, Fixtures & Appliances subindustry, PT Homeco Victoria Makmur Tbk'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.


PT Homeco Victoria Makmur Tbk's Quick Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, PT Homeco Victoria Makmur Tbk's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PT Homeco Victoria Makmur Tbk's Quick Ratio falls into.



PT Homeco Victoria Makmur Tbk 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.

PT Homeco Victoria Makmur Tbk's Quick Ratio for the fiscal year that ended in . 20 is calculated as

PT Homeco Victoria Makmur Tbk'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.


PT Homeco Victoria Makmur Tbk  (ISX:LIVE) 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.


PT Homeco Victoria Makmur Tbk Quick Ratio Related Terms

Thank you for viewing the detailed overview of PT Homeco Victoria Makmur Tbk's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Homeco Victoria Makmur Tbk (ISX:LIVE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Kebon Jeruk Raya No. 1A-C, Ex. Kebon Jeruk District., Kebon Jeruk, City Administration, DKI Jakarta Province, West Jakarta, IDN, 11530
Website
PT Homeco Victoria Makmur Tbk is engaged in wholesale trade in household equipment and supplies, wholesale trade in stationery and drawings, wholesale trade in children's games and toys, and wholesale trade in textiles. It provides quality kitchen equipment, cooking utensils, bags, stationery and wet wipes.

PT Homeco Victoria Makmur Tbk (ISX:LIVE) Headlines

From GuruFocus

Live Ventures Announces Acquisition of The Kinetic Co., Inc.

By GuruFocusNews GuruFocusNews 06-30-2022