Compania Espanola de PetroleosU CEPSA has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.
XMAD:CEP's Quick Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.12 * Ranked among companies with meaningful Quick Ratio only.
Compania Espanola de PetroleosU CEPSA (XMAD:CEP) 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.
Compania Espanola de PetroleosU CEPSA Quick Ratio Related Terms
Compania Espanola de PetroleosU CEPSA Quick Ratio Historical Data
* 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.
Compania Espanola de PetroleosU CEPSA Quick Ratio Chart
Compania Espanola de PetroleosU CEPSA Annual Data
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Compania Espanola de PetroleosU CEPSA Semi-Annual Data
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XMAD:CEP vs : Quick Ratio Comparison
For the Oil & Gas Integrated subindustry, Compania Espanola de PetroleosU CEPSA'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.
Compania Espanola de PetroleosU CEPSA Quick Ratio vs Oil & Gas Industry
Compania Espanola de PetroleosU CEPSA 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.
* 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.
Compania Espanola de PetroleosU CEPSA (XMAD:CEP) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Compania Espanola de PetroleosU CEPSA and its competitors.
Is Compania Espanola de PetroleosU CEPSA's Quick Ratio too high?
Compania Espanola de PetroleosU CEPSA's current Quick Ratio is 0.00.
How does Compania Espanola de PetroleosU CEPSA's Quick Ratio compare to ?
Compania Espanola de PetroleosU CEPSA's Quick Ratio of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Quick Ratio is 1.12. 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 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. 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 Compania Espanola de PetroleosU CEPSA and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania Espanola de PetroleosU CEPSA's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania Espanola de PetroleosU CEPSA stock overvalued right now?
Compania Espanola de PetroleosU CEPSA (XMAD:CEP) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Compania Espanola de PetroleosU CEPSA (XMAD:CEP), the current Quick Ratio is 0.00 as of . 20. 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.
Compania Espanola de PetroleosU CEPSA Business Description
Compania Espanola de Petroleos SAU CEPSA is an integrated oil and gas company. It operates its business activities in four segments including Exploration and Production segment engages in the exploration and development of oil and gas fields and the production of crude oil and natural gas. Refining segment distills crude oil and transforms it into refined products for sale to market. Marketing segment commercializes and offers petroleum products and non-fuel services through its network of service stations in Spain, Portugal, Andorra and Gibraltar, and to its domestic and international network of agents and distributors. Petrochemicals segment manufactures and markets basic petrochemical products and their derivatives.
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