REDFY (Rediff.com India) Quick Ratio: 1.12 (As of Sep. 2015)

Rediff.com India  (OTCPK:REDFY) 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.

Rediff.com India Quick Ratio Related Terms

The historical data trend for Rediff.com India'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.

Rediff.com India Quick Ratio Chart

Rediff.com India Annual Data
	Trend	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15
Quick Ratio		Get a 7-Day Free Trial					5.22	4.91	3.55	3.24	1.72

Rediff.com India Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Quick Ratio	Get a 7-Day Free Trial															0.00	1.72	0.00	1.12	0.00

REDFY vs LIVC, FPTA, CXKJ: Quick Ratio Comparison

For the Internet Content & Information subindustry, Rediff.com India'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.

Rediff.com India Quick Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rediff.com India's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Rediff.com India's Quick Ratio falls into.

Rediff.com India 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.

Rediff.com India's Quick Ratio for the fiscal year that ended in Mar. 2015 is calculated as

Rediff.com India's Quick Ratio for the quarter that ended in Sep. 2015 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.

Rediff.com India Business Description