Thang Long Urban Development and Construction Investment JSC has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
STC:TLD's Quick Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 1.19 * Ranked among companies with meaningful Quick Ratio only.
Thang Long Urban Development and Construction Investment JSC (STC:TLD) 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.
Thang Long Urban Development and Construction Investment JSC Quick Ratio Related Terms
Thang Long Urban Development and Construction Investment JSC Quick Ratio Historical Data
* 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.
Thang Long Urban Development and Construction Investment JSC Quick Ratio Chart
Thang Long Urban Development and Construction Investment JSC Annual Data
Trend
Quick Ratio
Thang Long Urban Development and Construction Investment JSC Semi-Annual Data
Quick Ratio
STC:TLD vs LWLW, CHZP, AIKO: Quick Ratio Comparison
* 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.
Thang Long Urban Development and Construction Investment JSC Quick Ratio vs Conglomerates Industry
Thang Long Urban Development and Construction Investment 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.
* 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.
Thang Long Urban Development and Construction Investment JSC (STC:TLD) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thang Long Urban Development and Construction Investment JSC and its competitors. According to the industry distribution chart, Thang Long Urban Development and Construction Investment JSC ranks #999999 out of 561 companies in the Conglomerates industry.
Is Thang Long Urban Development and Construction Investment JSC's Quick Ratio too high?
Thang Long Urban Development and Construction Investment JSC's current Quick Ratio is 0.00. Based on the distribution chart, Thang Long Urban Development and Construction Investment JSC ranks #999999 out of 561 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Thang Long Urban Development and Construction Investment JSC's Quick Ratio compare to LWLW and CHZP?
According to the Conglomerates industry distribution chart, Thang Long Urban Development and Construction Investment JSC ranks #999999 out of 561 companies for Quick Ratio. This places Thang Long Urban Development and Construction Investment JSC in the lower half of its industry. The industry median Quick Ratio is 1.19. 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 Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 561 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. 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 Thang Long Urban Development and Construction Investment JSC and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thang Long Urban Development and Construction Investment JSC's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thang Long Urban Development and Construction Investment JSC stock overvalued right now?
Thang Long Urban Development and Construction Investment JSC (STC:TLD) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Thang Long Urban Development and Construction Investment JSC (STC:TLD), the current Quick Ratio is 0.00 as of . 20. 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.
Thang Long Urban Development and Construction Investment JSC Business Description
Thang Long Urban Development and Construction Investment JSC is a Viet Nam based company, that engages in offering building products and services. Its business activities include the manufacture and trading of plywood, hardwood veneer, and softwood veneer, as well as the construction of highways, bridges, kindergartens, institutional headquarters, and irrigation systems. It is also involved in the leasing of warehouses, manufacturing facilities, together with construction machinery, vehicles, and equipment.
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