MOLC (Molino CanuelasCIFIA) Quick Ratio: 0.54 (As of Aug. 2017)

What is Molino CanuelasCIFIA Quick Ratio?

Molino CanuelasCIFIA MOLC Quick Ratio is 0.54 as of Aug. 2017.

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. Molino CanuelasCIFIA's quick ratio for the quarter that ended in Aug. 2017 was 0.54.

Molino CanuelasCIFIA has a quick ratio of 0.54. It indicates that the company cannot currently fully pay back its current liabilities.

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

MOLC's Quick Ratio is not ranked ^*
in the industry.
Industry Median:
* Ranked among companies with meaningful Quick Ratio only.

Molino CanuelasCIFIA (NYSE:MOLC) 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.

Molino CanuelasCIFIA Quick Ratio Related Terms

Molino CanuelasCIFIA Quick Ratio Historical Data

* Premium members only.

The historical data trend for Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA Quick Ratio Chart

Molino CanuelasCIFIA Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Quick Ratio

0.84

0.85

0.82

0.99

Molino CanuelasCIFIA Quarterly Data
	Nov14	Nov15	May16	Aug16	Nov16	May17	Aug17
Quick Ratio	Get a 7-Day Free Trial			0.00	0.00	0.99	0.54	0.54

MOLC vs : Quick Ratio Comparison

For the subindustry, Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA Quick Ratio vs Industry

For the industry and sector, Molino CanuelasCIFIA's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Molino CanuelasCIFIA's Quick Ratio falls into.

Save Embed

Molino CanuelasCIFIA 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.

Molino CanuelasCIFIA's Quick Ratio for the fiscal year that ended in Nov. 2016 is calculated as

Quick Ratio (A: Nov. 2016 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(883.682	-	165.245)	/	724.957
	=	0.99

Molino CanuelasCIFIA's Quick Ratio for the quarter that ended in Aug. 2017 is calculated as

Quick Ratio (Q: Aug. 2017 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(839.879	-	350.391)	/	908.507
	=	0.54

Frequently Asked Questions Learn more about Quick Ratio →

What does a Quick Ratio of 0.54 mean?

Molino CanuelasCIFIA (MOLC) has a Quick Ratio of 0.54 as of Aug. 2017. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Molino CanuelasCIFIA and its competitors.

Is Molino CanuelasCIFIA's Quick Ratio too high?

Molino CanuelasCIFIA's current Quick Ratio is 0.54.

How does Molino CanuelasCIFIA's Quick Ratio compare to ?

Molino CanuelasCIFIA's Quick Ratio is 0.54. 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 company?

A good Quick Ratio depends on the industry context. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Molino CanuelasCIFIA and its competitors. Molino CanuelasCIFIA's current Quick Ratio is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Molino CanuelasCIFIA stock overvalued right now?

Molino CanuelasCIFIA (MOLC) has a current Quick Ratio of 0.54. The current Quick Ratio is 0.54. 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 Molino CanuelasCIFIA (MOLC), the current Quick Ratio is 0.54 as of Aug. 2017. 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.

Molino CanuelasCIFIA Business Description

Industry

Comparable Companies