PPHE Hotel Group has a quick ratio of 0.99. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for PPHE Hotel Group's Quick Ratio or its related term are showing as below:
LSE:PPH'
s Quick Ratio Range Over the Past 10 Years
Min: 0.99 Med: 1.44 Max: 3.53
Current: 0.99
During the past 13 years, PPHE Hotel Group's highest Quick Ratio was 3.53. The lowest was 0.99. And the median was 1.44.
LSE:PPH's Quick Ratio is ranked worse than 56.47% of 843
companies
in the Travel & Leisure industry
Industry Median: 1.16
vs LSE:PPH: 0.99
PPHE Hotel Group Quick Ratio Historical Data
The historical data trend for PPHE Hotel Group'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.
Competitive Comparison of PPHE Hotel Group's Quick Ratio
For the Lodging subindustry, PPHE Hotel 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.
PPHE Hotel Group's Quick Ratio Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PPHE Hotel Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where PPHE Hotel Group's Quick Ratio falls into.
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.
PPHE Hotel Group's Quick Ratio for the fiscal year that ended in Dec. 2024 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.
PPHE Hotel Group (LSE:PPH) 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.
PPHE Hotel Group Quick Ratio Related Terms
Thank you for viewing the detailed overview of PPHE Hotel Group's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
PPHE Hotel Group Ltd is an international hospitality real estate company, with a portfolio of freehold and long leasehold assets in Europe. The company owns, co-owns, develops, leases, operates, and franchises hospitality real estate. Its focus is full-service upscale, upper upscale, and lifestyle hotels in gateway cities and regional centers, as well as hotel, resort, and campsite properties in select resort destinations. The group's activities are divided into two segments Owned Hotel Operations segment and the Management Central services segment. Owned Hotel Operations are further divided into five reportable segments which are the Netherlands, Germany, Croatia, and the United Kingdom. Other include individual hotels in Hungary, Serbia, Italy, and Austria.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LSE:PPH has been successfully added to your 