World Trade Center Moscow JSC (MIC:WTCM) Quick Ratio: 6.89 (As of Jun. 2023)

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MIC:WTCM World Trade Center Moscow JSC MIC:WTCM
17 GF Score
Price ₽13.42
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What is World Trade Center Moscow JSC Quick Ratio?

World Trade Center Moscow JSC MIC:WTCM -2.33% 17 Quick Ratio is 6.89 as of Jun. 2023. GuruFocus rates MIC:WTCM with a GF Score™ of 17/100.

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. World Trade Center Moscow JSC's quick ratio for the quarter that ended in Jun. 2023 was 6.89.

World Trade Center Moscow JSC has a quick ratio of 6.89. It generally indicates good short-term financial strength.

The historical rank and industry rank for World Trade Center Moscow JSC's Quick Ratio or its related term are showing as below:

MIC:WTCM's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.84
* Ranked among companies with meaningful Quick Ratio only.

World Trade Center Moscow JSC  (MIC:WTCM) 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.


World Trade Center Moscow JSC Quick Ratio Related Terms


World Trade Center Moscow JSC Quick Ratio Historical Data

* Premium members only.

The historical data trend for World Trade Center Moscow JSC'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.

World Trade Center Moscow JSC Quick Ratio Chart

World Trade Center Moscow JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 4.53 4.57 6.11 6.07

World Trade Center Moscow JSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 5.48 6.11 5.16 6.07 6.89

MIC:WTCM vs CSGP, CBRE, BEKE: Quick Ratio Comparison

For the Real Estate Services subindustry, World Trade Center Moscow JSC'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.


World Trade Center Moscow JSC Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, World Trade Center Moscow JSC's Quick Ratio distribution charts can be found below:

* The bar in red indicates where World Trade Center Moscow JSC's Quick Ratio falls into.


MIC:WTCM
17GF Score
World Trade Center Moscow JSC MIC:WTCM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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World Trade Center Moscow JSC 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.

World Trade Center Moscow JSC's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10366.954-164.732)/1682.008
=6.07

World Trade Center Moscow JSC's Quick Ratio for the quarter that ended in Jun. 2023 is calculated as

Quick Ratio (Q: Jun. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(11918.601-175.003)/1705.41
=6.89

* 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 6.89 mean?
World Trade Center Moscow JSC (MIC:WTCM) has a Quick Ratio of 6.89 as of Jun. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on World Trade Center Moscow JSC and its competitors.
Is World Trade Center Moscow JSC's Quick Ratio too high?
World Trade Center Moscow JSC's current Quick Ratio is 6.89. The Real Estate industry median Quick Ratio is 0.84. World Trade Center Moscow JSC's value of 6.89 is 720.2% above this industry median. Overall, World Trade Center Moscow JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does World Trade Center Moscow JSC's Quick Ratio compare to CSGP and CBRE?
World Trade Center Moscow JSC's Quick Ratio of 6.89 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.84. World Trade Center Moscow JSC's value of 6.89 is 720.2% above this benchmark. 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 a Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,795 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. World Trade Center Moscow JSC's current Quick Ratio of 6.89 is 720.2% above 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 World Trade Center Moscow JSC and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Trade Center Moscow JSC's current Quick Ratio is 6.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Trade Center Moscow JSC stock overvalued right now?
World Trade Center Moscow JSC (MIC:WTCM) has a current Quick Ratio of 6.89. The current Quick Ratio is 6.89 and 720.2% above the Real Estate industry median of 0.84. World Trade Center Moscow JSC's overall GF Score™ is 17/100. 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 World Trade Center Moscow JSC (MIC:WTCM), the current Quick Ratio is 6.89 as of Jun. 2023. 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.

World Trade Center Moscow JSC Business Description

Address 12 Krasnopresnenskaya Embankment, Moscow, RUS, 123610
World Trade Center Moscow JSC is a business centre offering business and leisure services.
17GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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