CVC Capital Partners (XAMS:CVC) Quick Ratio : 1.85 (As of Dec. 2024)

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What is CVC Capital Partners 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. CVC Capital Partners's quick ratio for the quarter that ended in Dec. 2024 was 1.85.

CVC Capital Partners has a quick ratio of 1.85. It generally indicates good short-term financial strength.

The historical rank and industry rank for CVC Capital Partners's Quick Ratio or its related term are showing as below:

XAMS:CVC' s Quick Ratio Range Over the Past 10 Years
Min: 1.55 Med: 1.7 Max: 1.85
Current: 1.85

During the past 2 years, CVC Capital Partners's highest Quick Ratio was 1.85. The lowest was 1.55. And the median was 1.70.

XAMS:CVC's Quick Ratio is ranked worse than
71.73% of 672 companies
in the Asset Management industry
Industry Median: 2.685 vs XAMS:CVC: 1.85

CVC Capital Partners Quick Ratio Historical Data

The historical data trend for CVC Capital Partners'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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CVC Capital Partners Quick Ratio Chart

CVC Capital Partners Annual Data

Trend

Dec23

Dec24

Quick Ratio

1.55

1.85

CVC Capital Partners Semi-Annual Data
	Jun23	Dec23	Jun24	Dec24
Quick Ratio	-	1.55	1.31	1.85

Competitive Comparison of CVC Capital Partners's Quick Ratio

For the Asset Management subindustry, CVC Capital Partners'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.

CVC Capital Partners's Quick Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CVC Capital Partners's Quick Ratio distribution charts can be found below:

* The bar in red indicates where CVC Capital Partners's Quick Ratio falls into.

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CVC Capital Partners 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.

CVC Capital Partners's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(821.646	-	0)	/	443.949
	=	1.85

CVC Capital Partners's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(821.646	-	0)	/	443.949
	=	1.85

CVC Capital Partners (XAMS:CVC) 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.

CVC Capital Partners Quick Ratio Related Terms

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CVC Capital Partners Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CVC Capital Partners PLC (XAMS:CVC) » Definitions » Quick Ratio

Comparable Companies

Traded in Other Exchanges

CVCCF:USA CVCa:UK Z1W:Germany CVC:Austria

Address

Level 1, IFC 1, Esplanade, St Helier, JEY, JE2 3BX

Website

https://www.cvc.com

Citibank established CVC Capital Partners in 1981 as its European venture capital business. Spun out as a wholly independent entity in 1993, CVC, in due course, transformed into a manager of private equity, private credit, real estate, and infrastructure funds. CVC invests most of its funds in Europe and the United States, with a smaller exposure to Asia.