Dasin Retail Trust (SGX:CEDU) Quick Ratio: 0.11 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Dasin Retail Trust Quick Ratio?

Dasin Retail Trust SGX:CEDU Quick Ratio is 0.11 as of Sep. 2023.

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. Dasin Retail Trust's quick ratio for the quarter that ended in Sep. 2023 was 0.11.

Dasin Retail Trust has a quick ratio of 0.11. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Dasin Retail Trust's Quick Ratio or its related term are showing as below:

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

Dasin Retail Trust  (SGX:CEDU) 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.


Dasin Retail Trust Quick Ratio Related Terms


Dasin Retail Trust Quick Ratio Historical Data

* Premium members only.

The historical data trend for Dasin Retail Trust'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.

Dasin Retail Trust Quick Ratio Chart

Dasin Retail Trust 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 0.47 0.54 0.29 0.18 0.11

Dasin Retail Trust Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.15 0.11 0.12 0.12 0.11

Dasin Retail Trust Quick Ratio Competitor Comparison

For the Real Estate - Development subindustry, Dasin Retail Trust'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.


Dasin Retail Trust Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dasin Retail Trust's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Dasin Retail Trust's Quick Ratio falls into.



Dasin Retail Trust 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.

Dasin Retail Trust'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
=(110.85-0)/972.996
=0.11

Dasin Retail Trust's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(112.675-0)/999.245
=0.11

* 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 0.11 mean?
Dasin Retail Trust (SGX:CEDU) has a Quick Ratio of 0.11 as of Sep. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Dasin Retail Trust and its competitors.
Is Dasin Retail Trust's Quick Ratio too high?
Dasin Retail Trust's current Quick Ratio is 0.11. The Real Estate industry median Quick Ratio is 0.84. Dasin Retail Trust's value of 0.11 is 86.9% below this industry median.
How does Dasin Retail Trust's Quick Ratio compare to competitors?
Dasin Retail Trust's Quick Ratio of 0.11 can be compared against companies in the Real Estate industry. The industry median Quick Ratio is 0.84. Dasin Retail Trust's value of 0.11 is 86.9% below 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 1,797 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. Dasin Retail Trust's current Quick Ratio of 0.11 is 86.9% 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 Dasin Retail Trust 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. Dasin Retail Trust's current Quick Ratio is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dasin Retail Trust stock overvalued right now?
Dasin Retail Trust (SGX:CEDU) has a current Quick Ratio of 0.11. The current Quick Ratio is 0.11 and 86.9% below the Real Estate industry median of 0.84. 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 Dasin Retail Trust (SGX:CEDU), the current Quick Ratio is 0.11 as of Sep. 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.

Dasin Retail Trust Business Description

Address 138 Market Street, CapitaGreen No 26-02, Singapore, SGP, 048946
Dasin Retail Trust is a China retail property trust. The Trust's mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China used primarily for retail purposes, as well as real estate related assets, with a focus on retail malls. The Trust's portfolio comprises seven retail malls located in Zhongshan, Zhuhai and Foshan cities in Guangdong, PRC. The Trust is managed by Dasin Retail Trust Management Pte Ltd in its capacity as the Trustee-Manager. The Trust's reporting segments are Shiqi Metro Mall, Xiaolan Metro Mall, Ocean Metro Mall, Dasin E-Colour, Doumen Metro Mall, Shunde Metro Mall and Tanbei Metro Mall.