Active Risk Group (LSE:ARI) Quick Ratio : 1.46 (As of Mar. 2013)

Active Risk Group Quick Ratio Chart

Active Risk Group Annual Data
	Trend	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13
Quick Ratio		Get a 7-Day Free Trial					1.33	1.18	1.53	1.51	1.46

Active Risk Group Semi-Annual Data
	Sep04	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13
Quick Ratio	Get a 7-Day Free Trial													1.53	1.93	1.51	1.41	1.46

Competitive Comparison of Active Risk Group's Quick Ratio

For the Software - Application subindustry, Active Risk Group'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.

Active Risk Group's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Active Risk Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Active Risk Group's Quick Ratio falls into.

Active Risk Group 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.

Active Risk Group's Quick Ratio for the fiscal year that ended in Mar. 2013 is calculated as

Active Risk Group's Quick Ratio for the quarter that ended in Mar. 2013 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.

Active Risk Group  (LSE:ARI) 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.

Active Risk Group Quick Ratio Related Terms

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Active Risk Group (LSE:ARI) Business Description