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Polski Holding Nieruchomosci (STU:2PN) Quick Ratio : 0.34 (As of Dec. 2023)


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What is Polski Holding Nieruchomosci Quick Ratio?

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. Polski Holding Nieruchomosci's quick ratio for the quarter that ended in Dec. 2023 was 0.34.

Polski Holding Nieruchomosci has a quick ratio of 0.34. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Polski Holding Nieruchomosci's Quick Ratio or its related term are showing as below:

STU:2PN' s Quick Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.99   Max: 1.67
Current: 0.34

During the past 13 years, Polski Holding Nieruchomosci's highest Quick Ratio was 1.67. The lowest was 0.28. And the median was 0.99.

STU:2PN's Quick Ratio is ranked worse than
77.04% of 1825 companies
in the Real Estate industry
Industry Median: 0.81 vs STU:2PN: 0.34

Polski Holding Nieruchomosci Quick Ratio Historical Data

The historical data trend for Polski Holding Nieruchomosci'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.

* Premium members only.

Polski Holding Nieruchomosci Quick Ratio Chart

Polski Holding Nieruchomosci Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 1.67 0.54 0.28 0.34

Polski Holding Nieruchomosci Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.28 0.24 0.44 0.40 0.34

Competitive Comparison of Polski Holding Nieruchomosci's Quick Ratio

For the Real Estate Services subindustry, Polski Holding Nieruchomosci'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.


Polski Holding Nieruchomosci's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Polski Holding Nieruchomosci's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Polski Holding Nieruchomosci's Quick Ratio falls into.



Polski Holding Nieruchomosci 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.

Polski Holding Nieruchomosci's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(133.729-48.994)/247.09
=0.34

Polski Holding Nieruchomosci's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(133.729-48.994)/247.09
=0.34

* 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.


Polski Holding Nieruchomosci  (STU:2PN) 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.


Polski Holding Nieruchomosci Quick Ratio Related Terms

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Polski Holding Nieruchomosci (STU:2PN) Business Description

Traded in Other Exchanges
Address
al. Jana Paw?a II 12, Warsaw, POL, 00-124
Polski Holding Nieruchomosci SA engages in the development, management, and sale of commercial as well as residential real estate. It offers properties for lease and venues for training, business meetings, and recreational activities. The company operates through Lease, Property Development, and Other Activities segments. Lease segment which contributes majority revenue engages in leasing of office, retail, warehouse and logistics space, residential and other properties. Property Development segment deals with construction and sale of residential premises.

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