* 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.
Competitive Comparison of Stefanutti Stocks Holdings's Quick Ratio
For the Engineering & Construction subindustry, Stefanutti Stocks Holdings'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.
Stefanutti Stocks Holdings's Quick Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Stefanutti Stocks Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Stefanutti Stocks Holdings's Quick Ratio falls into.
Stefanutti Stocks Holdings 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.
* 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.
Stefanutti Stocks Holdings (JSE:SSK) 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.
Stefanutti Stocks Holdings Quick Ratio Related Terms
Thank you for viewing the detailed overview of Stefanutti Stocks Holdings's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Stefanutti Stocks Holdings (JSE:SSK) Business Description
Stefanutti Stocks Holdings Ltd is an engineering and construction company. Its segments include Civils, earthworks and other which includes Roads and bridges, Dam, water and sanitation, Pipelines, Airports, Oil and gas etc. The Residential segment has Low-cost housing and Medium and high-end housing and Non-residential which has Office and commercial space, Shopping and retail space, Factories and warehouses etc. Geographically it derives revenue both within Southafrica and Outside South Africa.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JSE:SSK has been successfully added to your 