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Taylor Consulting (Taylor Consulting) Quick Ratio : 0.18 (As of Dec. 2015)


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What is Taylor Consulting 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. Taylor Consulting's quick ratio for the quarter that ended in Dec. 2015 was 0.18.

Taylor Consulting has a quick ratio of 0.18. It indicates that the company cannot currently fully pay back its current liabilities.

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

TAYO's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.81
* Ranked among companies with meaningful Quick Ratio only.

Taylor Consulting Quick Ratio Historical Data

The historical data trend for Taylor Consulting'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.

Taylor Consulting Quick Ratio Chart

Taylor Consulting Annual Data
Trend Mar12 Mar13 Mar14 Mar15
Quick Ratio
3.50 22.50 1.25 0.10

Taylor Consulting Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.25 0.10 0.28 1.28 0.18

Competitive Comparison of Taylor Consulting's Quick Ratio

For the Real Estate Services subindustry, Taylor Consulting'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.


Taylor Consulting's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Taylor Consulting's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Taylor Consulting's Quick Ratio falls into.



Taylor Consulting 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.

Taylor Consulting's Quick Ratio for the fiscal year that ended in Mar. 2015 is calculated as

Quick Ratio (A: Mar. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.024-0)/0.233
=0.10

Taylor Consulting's Quick Ratio for the quarter that ended in Dec. 2015 is calculated as

Quick Ratio (Q: Dec. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.012-0)/0.066
=0.18

* 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.


Taylor Consulting  (OTCPK:TAYO) 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.


Taylor Consulting Quick Ratio Related Terms

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Taylor Consulting (Taylor Consulting) Business Description

Traded in Other Exchanges
N/A
Address
1773 Westborough Drive, Suite 101, Katy, TX, USA, 77449
Taylor Consulting Inc is an United States based company focused on real estate opportunities. The business activity of the group functions through real estate investing and real estate brokerage services. It is involved in acquiring properties in the country's top-performing real estate markets, specifically those that are experiencing booms as a result of mineral and oil development. Geographically operates through the region of Denmark and the United States.

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