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Chuang's China Investments (STU:CUG) Quick Ratio : 1.47 (As of Sep. 2023)


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What is Chuang's China Investments 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. Chuang's China Investments's quick ratio for the quarter that ended in Sep. 2023 was 1.47.

Chuang's China Investments has a quick ratio of 1.47. It generally indicates good short-term financial strength.

The historical rank and industry rank for Chuang's China Investments's Quick Ratio or its related term are showing as below:

STU:CUG' s Quick Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.43   Max: 2.97
Current: 1.47

During the past 13 years, Chuang's China Investments's highest Quick Ratio was 2.97. The lowest was 0.62. And the median was 1.43.

STU:CUG's Quick Ratio is ranked better than
69.59% of 1825 companies
in the Real Estate industry
Industry Median: 0.81 vs STU:CUG: 1.47

Chuang's China Investments Quick Ratio Historical Data

The historical data trend for Chuang's China Investments'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.

Chuang's China Investments Quick Ratio Chart

Chuang's China Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.62 1.82 2.75 2.00

Chuang's China Investments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 2.97 2.75 2.18 2.00 1.47

Competitive Comparison of Chuang's China Investments's Quick Ratio

For the Real Estate - Development subindustry, Chuang's China Investments'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.


Chuang's China Investments's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chuang's China Investments's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Chuang's China Investments's Quick Ratio falls into.



Chuang's China Investments 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.

Chuang's China Investments's Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Quick Ratio (A: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(357.147-175.527)/90.793
=2.00

Chuang's China Investments'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
=(320.427-168.498)/103.1
=1.47

* 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.


Chuang's China Investments  (STU:CUG) 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.


Chuang's China Investments Quick Ratio Related Terms

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Chuang's China Investments (STU:CUG) Business Description

Traded in Other Exchanges
Address
18 Chater Road, Central, 25th Floor, Alexandra House, Hong Kong, HKG
Chuang's China Investments Ltd is a Hong Kong-based investment holding.The principal activities of the Company are property development, investment and trading, hotel operation and management, development and operation of cemetery, sales of goods and merchandises (including art pieces), and securities investment and trading. The company's operating segment include Property development, investment and trading; Cemetery; Sales of goods and merchandises; Securities investment and trading and Others and corporate. It generates maximum revenue from the Property development, investment and trading segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC, United Kingdom, and Malaysia.

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