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. Box Ships's quick ratio for the quarter that ended in Dec. 2016 was 1.09.
Box Ships has a quick ratio of 1.09. It generally indicates good short-term financial strength.
The historical rank and industry rank for Box Ships's Quick Ratio or its related term are showing as below:
TEUFF's Quick Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.37 * Ranked among companies with meaningful Quick Ratio only.
Box Ships (OTCPK:TEUFF) 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.
Box Ships Quick Ratio Related Terms
Box Ships Quick Ratio Historical Data
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The historical data trend for Box Ships'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.
TEUFF vs RLOGQ, BSTN, TOPS: Quick Ratio Comparison
For the Marine Shipping subindustry, Box Ships'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.
Box Ships Quick Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Box Ships's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Box Ships's Quick Ratio falls into.
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.
Box Ships's Quick Ratio for the fiscal year that ended in Dec. 2016 is calculated as
* 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.
Box Ships (TEUFF) has a Quick Ratio of 1.09 as of Dec. 2016. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Box Ships and its competitors.
Is Box Ships' Quick Ratio too high?
Box Ships' current Quick Ratio is 1.09. The Transportation industry median Quick Ratio is 1.37. Box Ships' value of 1.09 is 20.4% below this industry median.
How does Box Ships' Quick Ratio compare to RLOGQ and BSTN?
Box Ships' Quick Ratio of 1.09 can be compared against companies in the Transportation industry. The industry median Quick Ratio is 1.37. Box Ships' value of 1.09 is 20.4% below 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 Transportation company?
The median Quick Ratio among Transportation companies is 1.37, based on 1,010 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. Box Ships's current Quick Ratio of 1.09 is 20.4% below 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 Box Ships and its competitors. For the Transportation industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Box Ships's current Quick Ratio is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Box Ships stock overvalued right now?
Box Ships (TEUFF) has a current Quick Ratio of 1.09. The current Quick Ratio is 1.09 and 20.4% below the Transportation industry median of 1.37. 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 Box Ships (TEUFF), the current Quick Ratio is 1.09 as of Dec. 2016. 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.
Box Ships Inc is a shipping company specializing in the transportation of containers and the provision of commercial management services to shipping companies. The time charter generates maximum revenue for the company.
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