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2Valorise NV (XBRU:VALOR) Quick Ratio : 1.53 (As of Jun. 2018)


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What is 2Valorise NV 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. 2Valorise NV's quick ratio for the quarter that ended in Jun. 2018 was 1.53.

2Valorise NV has a quick ratio of 1.53. It generally indicates good short-term financial strength.

The historical rank and industry rank for 2Valorise NV's Quick Ratio or its related term are showing as below:

XBRU:VALOR's Quick Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.96
* Ranked among companies with meaningful Quick Ratio only.

2Valorise NV Quick Ratio Historical Data

The historical data trend for 2Valorise NV'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.

2Valorise NV Quick Ratio Chart

2Valorise NV Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 1.18 1.25 3.08 1.46

2Valorise NV Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 2.59 3.08 1.43 1.46 1.53

Competitive Comparison of 2Valorise NV's Quick Ratio

For the Utilities - Regulated Electric subindustry, 2Valorise NV'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.


2Valorise NV's Quick Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, 2Valorise NV's Quick Ratio distribution charts can be found below:

* The bar in red indicates where 2Valorise NV's Quick Ratio falls into.



2Valorise NV 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.

2Valorise NV's Quick Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Quick Ratio (A: Dec. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(16.072-4.449)/7.941
=1.46

2Valorise NV's Quick Ratio for the quarter that ended in Jun. 2018 is calculated as

Quick Ratio (Q: Jun. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(19.229-5.578)/8.894
=1.53

* 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.


2Valorise NV  (XBRU:VALOR) 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.


2Valorise NV Quick Ratio Related Terms

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2Valorise NV (XBRU:VALOR) Business Description

Traded in Other Exchanges
N/A
Address
2Valorise NV, formerly 4Energy Invest is a renewable energy company. The Company is engaged in creating and managing a portfolio of small to middle-sized locally embedded projects that valorise biomass, directly or indirectly, into energy.

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