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Schlossgartenbau AG (STU:SGB) Quick Ratio : 4.27 (As of Jun. 2014)


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What is Schlossgartenbau AG 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. Schlossgartenbau AG's quick ratio for the quarter that ended in Jun. 2014 was 4.27.

Schlossgartenbau AG has a quick ratio of 4.27. It generally indicates good short-term financial strength.

The historical rank and industry rank for Schlossgartenbau AG's Quick Ratio or its related term are showing as below:

STU:SGB' s Quick Ratio Range Over the Past 10 Years
Min: 1.87   Med: 2.76   Max: 3.68
Current: 1.87

During the past 4 years, Schlossgartenbau AG's highest Quick Ratio was 3.68. The lowest was 1.87. And the median was 2.76.

STU:SGB's Quick Ratio is not ranked
in the industry.
Industry Median: vs STU:SGB: 1.87

Schlossgartenbau AG Quick Ratio Historical Data

The historical data trend for Schlossgartenbau AG'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.

Schlossgartenbau AG Quick Ratio Chart

Schlossgartenbau AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Quick Ratio
3.68 3.34 2.18 1.87

Schlossgartenbau AG Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Quick Ratio Get a 7-Day Free Trial Premium Member Only 5.36 2.18 4.87 1.87 4.27

Competitive Comparison of Schlossgartenbau AG's Quick Ratio

For the subindustry, Schlossgartenbau AG'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.


Schlossgartenbau AG's Quick Ratio Distribution in the Industry

For the industry and sector, Schlossgartenbau AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Schlossgartenbau AG's Quick Ratio falls into.



Schlossgartenbau AG 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.

Schlossgartenbau AG's Quick Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Quick Ratio (A: Dec. 2013 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(14.47-0)/7.728
=1.87

Schlossgartenbau AG's Quick Ratio for the quarter that ended in Jun. 2014 is calculated as

Quick Ratio (Q: Jun. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(11.887-0)/2.782
=4.27

* 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.


Schlossgartenbau AG  (STU:SGB) 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.


Schlossgartenbau AG Quick Ratio Related Terms

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Schlossgartenbau AG (STU:SGB) Business Description

Traded in Other Exchanges
N/A
Address
Schlossgartenbau AG engages in the management, development, and leasing of commercial real estate properties. These properties include office spaces, spaces for medical practice, commercial spaces, and underground parking spaces.