Vietnam Infrastructure (LSE:VNI) Quick Ratio: 1.00 (As of Dec. 2016) — 96% Below Median


What is Vietnam Infrastructure Quick Ratio?

Vietnam Infrastructure LSE:VNI +36.36% Quick Ratio is 1.00 as of Dec. 2016, which is 96% below its 10-year median of 24.91. The stock has 5 warning signs investors should review.

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. Vietnam Infrastructure's quick ratio for the quarter that ended in Dec. 2016 was 1.00.

Vietnam Infrastructure has a quick ratio of 1.00. It generally indicates good short-term financial strength.

The historical rank and industry rank for Vietnam Infrastructure's Quick Ratio or its related term are showing as below:

LSE:VNI' s Quick Ratio Range Over the Past 10 Years
Min: 1   Med: 24.91   Max: 207.63
Current: 1

During the past 11 years, Vietnam Infrastructure's highest Quick Ratio was 207.63. The lowest was 1.00. And the median was 24.91.

LSE:VNI's Quick Ratio is not ranked
in the Asset Management industry.
Industry Median: 2.795 vs LSE:VNI: 1.00

Vietnam Infrastructure  (LSE:VNI) 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.


Vietnam Infrastructure Quick Ratio Related Terms


Vietnam Infrastructure Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vietnam Infrastructure'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.

Vietnam Infrastructure Quick Ratio Chart

Vietnam Infrastructure Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.28 52.17 12.23 1.00 6.73

Vietnam Infrastructure Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 12.23 12.42 1.00 1.00 6.73

LSE:VNI vs SSSS, ABDC, PIOE: Quick Ratio Comparison

For the Asset Management subindustry, Vietnam Infrastructure'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.


Vietnam Infrastructure Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Vietnam Infrastructure's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Vietnam Infrastructure's Quick Ratio falls into.



Vietnam Infrastructure 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.

Vietnam Infrastructure's Quick Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Quick Ratio (A: Jun. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(135.731-0)/135.731
=1.00

Vietnam Infrastructure's Quick Ratio for the quarter that ended in Dec. 2016 is calculated as

Quick Ratio (Q: Dec. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(91.577-0)/91.577
=1.00

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.00 mean?
Vietnam Infrastructure (LSE:VNI) has a Quick Ratio of 1.00 as of Dec. 2016. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vietnam Infrastructure and its competitors. This is 96% below median its historical median of 24.91. Over the past decade, Vietnam Infrastructure's Quick Ratio has ranged from 1.00 to 207.63.
Is Vietnam Infrastructure's Quick Ratio too high?
Vietnam Infrastructure's current Quick Ratio of 1.00 is 96% below median its 10-year median of 24.91. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 207.63. The Asset Management industry median Quick Ratio is 2.80. Vietnam Infrastructure's value of 1.00 is 64.2% below this industry median.
How does Vietnam Infrastructure's Quick Ratio compare to SSSS and ABDC?
Vietnam Infrastructure's Quick Ratio of 1.00 can be compared against companies in the Asset Management industry. The industry median Quick Ratio is 2.80. Vietnam Infrastructure's value of 1.00 is 64.2% below this benchmark. Historically, Vietnam Infrastructure's own Quick Ratio has ranged from 1.00 to 207.63 over the past decade. While the company's 10-year median is 24.91 vs. the industry median of 2.80, Vietnam Infrastructure has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.80, based on 706 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietnam Infrastructure's current Quick Ratio of 1.00 is 64.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vietnam Infrastructure and its competitors. For the Asset Management industry, the median Quick Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Infrastructure's current Quick Ratio is 1.00, which is 96% below median its own 10-year median of 24.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Infrastructure stock overvalued right now?
Vietnam Infrastructure (LSE:VNI) has a current Quick Ratio of 1.00. The current Quick Ratio is 1.00, which is 96% below median its 10-year median of 24.91 and 64.2% below the Asset Management industry median of 2.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Vietnam Infrastructure (LSE:VNI), the current Quick Ratio is 1.00 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vietnam Infrastructure Business Description

Vietnam Infrastructure Ltd is a closed-ended investment company. The company principally invests in a diversified portfolio of entities owning infrastructure projects and assets in Vietnam. It invests in infrastructure and infrastructure-related asset in Vietnam namely energy, transport, telecommunication, industrial parks and water and environmental utilities. The company's investment objective is to achieve medium to long-term capital appreciation and providing investment income through investments in listed and unlisted equity instruments, debt instruments, assets and other opportunities in Vietnam and other countries. It focuses on risk management to minimize potential adverse effects on company's financial performance.