The London Tunnels (XAMS:TLT) Quick Ratio: 2.52 (As of Sep. 2024)


XAMS:TLT The London Tunnels PLC XAMS:TLT
6 GF Score
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What is The London Tunnels Quick Ratio?

The London Tunnels XAMS:TLT 6 Quick Ratio is 2.52 as of Sep. 2024. GuruFocus rates XAMS:TLT with a GF Score™ of 6/100.

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. The London Tunnels's quick ratio for the quarter that ended in Sep. 2024 was 2.52.

The London Tunnels has a quick ratio of 2.52. It generally indicates good short-term financial strength.

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

XAMS:TLT's Quick Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.14
* Ranked among companies with meaningful Quick Ratio only.

The London Tunnels  (XAMS:TLT) 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.


The London Tunnels Quick Ratio Related Terms


The London Tunnels Quick Ratio Historical Data

* Premium members only.

The historical data trend for The London Tunnels'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.

The London Tunnels Quick Ratio Chart

The London Tunnels Annual Data
Trend
Quick Ratio

The London Tunnels Semi-Annual Data
Dec21 Sep23 Sep24
Quick Ratio 0.35 0.20 2.52

XAMS:TLT vs PWR, EME, FIX: Quick Ratio Comparison

For the Leisure subindustry, The London Tunnels'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.


The London Tunnels Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The London Tunnels's Quick Ratio distribution charts can be found below:

* The bar in red indicates where The London Tunnels's Quick Ratio falls into.


XAMS:TLT
6GF Score
The London Tunnels PLC XAMS:TLT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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The London Tunnels 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.

The London Tunnels's Quick Ratio for the fiscal year that ended in . 20 is calculated as

The London Tunnels's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as

Quick Ratio (Q: Sep. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(6.624-0)/2.631
=2.52

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.52 mean?
The London Tunnels (XAMS:TLT) has a Quick Ratio of 2.52 as of Sep. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on The London Tunnels and its competitors.
Is The London Tunnels' Quick Ratio too high?
The London Tunnels' current Quick Ratio is 2.52. The Travel & Leisure industry median Quick Ratio is 1.14. The London Tunnels' value of 2.52 is 121.1% above this industry median. Overall, The London Tunnels has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does The London Tunnels' Quick Ratio compare to PWR and EME?
The London Tunnels' Quick Ratio of 2.52 can be compared against companies in the Travel & Leisure industry. The industry median Quick Ratio is 1.14. The London Tunnels' value of 2.52 is 121.1% above 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 855 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. The London Tunnels's current Quick Ratio of 2.52 is 121.1% above 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 The London Tunnels and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The London Tunnels's current Quick Ratio is 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The London Tunnels stock overvalued right now?
The London Tunnels (XAMS:TLT) has a current Quick Ratio of 2.52. The current Quick Ratio is 2.52 and 121.1% above the Travel & Leisure industry median of 1.14. The London Tunnels' overall GF Score™ is 6/100. 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 The London Tunnels (XAMS:TLT), the current Quick Ratio is 2.52 as of Sep. 2024. 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.

The London Tunnels Business Description

Address 2nd Floor Nicola Jane House, Southern Gate, Chichester, West Sussex, Chichester, GBR, PO19 8SE
The London Tunnels PLC is engaged in operation of historical sites and buildings and similar visitor attractions. The business of the Company comprises of one operating segment being the proposed development of the Tunnels.
6GF Score

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