TALN (Talon International) Quick Ratio: 1.18 (As of Sep. 2017)

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What is Talon International Quick Ratio?

Talon International TALN Quick Ratio is 1.18 as of Sep. 2017.

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. Talon International's quick ratio for the quarter that ended in Sep. 2017 was 1.18.

Talon International has a quick ratio of 1.18. It generally indicates good short-term financial strength.

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

TALN's Quick Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.11
* Ranked among companies with meaningful Quick Ratio only.

Talon International  (OTCPK:TALN) 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.


Talon International Quick Ratio Related Terms


Talon International Quick Ratio Historical Data

* Premium members only.

The historical data trend for Talon International'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.

Talon International Quick Ratio Chart

Talon International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 0.66 0.58 0.78 1.06

Talon International Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 1.13 1.06 1.05 1.15 1.18

TALN vs KBSF: Quick Ratio Comparison

For the Apparel Manufacturing subindustry, Talon International'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.


Talon International Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Talon International's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Talon International's Quick Ratio falls into.



Talon International 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.

Talon International's Quick Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Quick Ratio (A: Dec. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10.433-0.5)/9.375
=1.06

Talon International's Quick Ratio for the quarter that ended in Sep. 2017 is calculated as

Quick Ratio (Q: Sep. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10.095-0.471)/8.139
=1.18

* 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 1.18 mean?
Talon International (TALN) has a Quick Ratio of 1.18 as of Sep. 2017. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Talon International and its competitors.
Is Talon International's Quick Ratio too high?
Talon International's current Quick Ratio is 1.18. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Talon International's value of 1.18 is 6.3% above this industry median.
How does Talon International's Quick Ratio compare to KBSF?
Talon International's Quick Ratio of 1.18 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Quick Ratio is 1.11. Talon International's value of 1.18 is 6.3% above 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,064 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. Talon International's current Quick Ratio of 1.18 is 6.3% above 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 Talon International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Talon International's current Quick Ratio is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talon International stock overvalued right now?
Talon International (TALN) has a current Quick Ratio of 1.18. The current Quick Ratio is 1.18 and 6.3% above the Manufacturing - Apparel & Accessories industry median of 1.11. 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 Talon International (TALN), the current Quick Ratio is 1.18 as of Sep. 2017. 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.

Talon International Business Description

Address 21900 Burbank Boulevard, Suite 101, Woodland Hills, CA, USA, 91367
Talon International Inc and its subsidiaries is an apparel company that specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. It acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name.