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Pakistan International Bulk Terminal (KAR:PIBTL) Quick Ratio : 0.80 (As of Dec. 2024)


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What is Pakistan International Bulk Terminal 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. Pakistan International Bulk Terminal's quick ratio for the quarter that ended in Dec. 2024 was 0.80.

Pakistan International Bulk Terminal has a quick ratio of 0.80. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Pakistan International Bulk Terminal's Quick Ratio or its related term are showing as below:

KAR:PIBTL' s Quick Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.1   Max: 73.3
Current: 0.8

During the past 12 years, Pakistan International Bulk Terminal's highest Quick Ratio was 73.30. The lowest was 0.32. And the median was 1.10.

KAR:PIBTL's Quick Ratio is ranked worse than
78.58% of 985 companies
in the Transportation industry
Industry Median: 1.31 vs KAR:PIBTL: 0.80

Pakistan International Bulk Terminal Quick Ratio Historical Data

The historical data trend for Pakistan International Bulk Terminal'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.

Pakistan International Bulk Terminal Quick Ratio Chart

Pakistan International Bulk Terminal Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 1.08 1.64 0.33 0.88

Pakistan International Bulk Terminal Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.04 1.17 0.88 0.89 0.80

Competitive Comparison of Pakistan International Bulk Terminal's Quick Ratio

For the Integrated Freight & Logistics subindustry, Pakistan International Bulk Terminal'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.


Pakistan International Bulk Terminal's Quick Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pakistan International Bulk Terminal's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Pakistan International Bulk Terminal's Quick Ratio falls into.


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Pakistan International Bulk Terminal 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.

Pakistan International Bulk Terminal's Quick Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Quick Ratio (A: Jun. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6303.189-969.899)/6072.838
=0.88

Pakistan International Bulk Terminal's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(7119.163-992.821)/7645.031
=0.80

* 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.


Pakistan International Bulk Terminal  (KAR:PIBTL) 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.


Pakistan International Bulk Terminal Quick Ratio Related Terms

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Pakistan International Bulk Terminal Business Description

Traded in Other Exchanges
N/A
Address
Mumtaz Hassan Road, 2nd Floor, Business Plaza, Karachi, SD, PAK, 74000
Pakistan International Bulk Terminal Ltd is engaged in the operations and management of a coal and clinker and cement terminal at Port Muhammad Bin Qasim. It handles and delivers coal to Power and Cement plants by utilizing the rail, road, and sea networks.

Pakistan International Bulk Terminal Headlines

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