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VULC (Vulcan International) Quick Ratio : 2.12 (As of Jun. 2005)


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What is Vulcan International 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. Vulcan International's quick ratio for the quarter that ended in Jun. 2005 was 2.12.

Vulcan International has a quick ratio of 2.12. It generally indicates good short-term financial strength.

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

VULC's Quick Ratio is not ranked *
in the Chemicals industry.
Industry Median: 1.395
* Ranked among companies with meaningful Quick Ratio only.

Vulcan International Quick Ratio Historical Data

The historical data trend for Vulcan 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.

* Premium members only.

Vulcan International Quick Ratio Chart

Vulcan International Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.58 2.12 2.55 3.52

Vulcan International Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 3.26 3.33 3.52 2.10 2.12

Competitive Comparison of Vulcan International's Quick Ratio

For the Chemicals subindustry, Vulcan 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.


Vulcan International's Quick Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vulcan International's Quick Ratio distribution charts can be found below:

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



Vulcan 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.

Vulcan International's Quick Ratio for the fiscal year that ended in Dec. 2004 is calculated as

Quick Ratio (A: Dec. 2004 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(16.779-0.533)/4.614
=3.52

Vulcan International's Quick Ratio for the quarter that ended in Jun. 2005 is calculated as

Quick Ratio (Q: Jun. 2005 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(16.011-0.261)/7.421
=2.12

* 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.


Vulcan International  (OTCPK:VULC) 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.


Vulcan International Quick Ratio Related Terms

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Vulcan International Business Description

Traded in Other Exchanges
N/A
Address
1151 College Street, Suite 1704, Clarksville, TN, USA, 37040
Vulcan International Corp is a United States based company engaged in the manufacturing of rubber and foam products. Its products include custom mixed rubber, polyethylene foams, expanded rubber sheets, firm sheets, among other products.

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