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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Quick Ratio : 0.00 (As of . 20)


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What is Kingsway Linked Return Of Capital Trust 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. Kingsway Linked Return Of Capital Trust's quick ratio for the quarter that ended in . 20 was 0.00.

Kingsway Linked Return Of Capital Trust has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Kingsway Linked Return Of Capital Trust's Quick Ratio or its related term are showing as below:

TSX:KSP.UN.PFD' s Quick Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1298.87
Current: 1298.87

During the past 6 years, Kingsway Linked Return Of Capital Trust's highest Quick Ratio was 1298.87. The lowest was 0.00. And the median was 0.00.

TSX:KSP.UN.PFD's Quick Ratio is not ranked
in the Asset Management industry.
Industry Median: 2.78 vs TSX:KSP.UN.PFD: 1298.87

Kingsway Linked Return Of Capital Trust Quick Ratio Historical Data

The historical data trend for Kingsway Linked Return Of Capital Trust'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.

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Kingsway Linked Return Of Capital Trust Quick Ratio Chart

Kingsway Linked Return Of Capital Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Quick Ratio
Get a 7-Day Free Trial 263.32 716.38 827.81 1,255.21 1,302.24

Kingsway Linked Return Of Capital Trust Quarterly Data
Quick Ratio

Competitive Comparison of Kingsway Linked Return Of Capital Trust's Quick Ratio

For the Asset Management subindustry, Kingsway Linked Return Of Capital Trust'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.


Kingsway Linked Return Of Capital Trust's Quick Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kingsway Linked Return Of Capital Trust's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Kingsway Linked Return Of Capital Trust's Quick Ratio falls into.



Kingsway Linked Return Of Capital Trust 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.

Kingsway Linked Return Of Capital Trust's Quick Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Quick Ratio (A: Dec. 2012 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(135.433-0)/0.104
=1,302.24

Kingsway Linked Return Of Capital Trust's Quick Ratio for the quarter that ended in . 20 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.


Kingsway Linked Return Of Capital Trust  (TSX:KSP.UN.PFD) 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.


Kingsway Linked Return Of Capital Trust Quick Ratio Related Terms

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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway Linked Return is an investment trust established in Canada. The Company seeks to provide quarterly fixed cumulative distributions of $0.3125 per LROC Preferred Unit. The Company will use the net proceeds of this offering to subscribe for and purchase all of the limited partnership units of KL Limited Partnership. The Company's activities are managed by Scotia Managed Companies Administration Inc., and overseen by the trustees of the Trust.

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