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Trishuli Jal Vidhyut Co (XNEP:TVCL) Quick Ratio : 0.00 (As of . 20)


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What is Trishuli Jal Vidhyut Co 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. Trishuli Jal Vidhyut Co's quick ratio for the quarter that ended in . 20 was 0.00.

Trishuli Jal Vidhyut Co has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Trishuli Jal Vidhyut Co's Quick Ratio or its related term are showing as below:

XNEP:TVCL's Quick Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.22
* Ranked among companies with meaningful Quick Ratio only.

Trishuli Jal Vidhyut Co Quick Ratio Historical Data

The historical data trend for Trishuli Jal Vidhyut Co'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.

Trishuli Jal Vidhyut Co Quick Ratio Chart

Trishuli Jal Vidhyut Co Annual Data
Trend
Quick Ratio

Trishuli Jal Vidhyut Co Semi-Annual Data
Quick Ratio

Competitive Comparison of Trishuli Jal Vidhyut Co's Quick Ratio

For the Utilities - Renewable subindustry, Trishuli Jal Vidhyut Co'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.


Trishuli Jal Vidhyut Co's Quick Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Trishuli Jal Vidhyut Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Trishuli Jal Vidhyut Co's Quick Ratio falls into.



Trishuli Jal Vidhyut Co 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.

Trishuli Jal Vidhyut Co's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Trishuli Jal Vidhyut Co's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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.


Trishuli Jal Vidhyut Co  (XNEP:TVCL) 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.


Trishuli Jal Vidhyut Co Quick Ratio Related Terms

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Trishuli Jal Vidhyut Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Banasthali, Kathmandu, NPL
Trishuli Jal Vidhyut Co Ltd is a company having a project named Upper Trisuli Three B Hydroelectric Project at Bagmati district. It is a run-of-river type cascade project of Upper Trishuli Three A HEP which lies in the Trishuli River. The project is located at Rasuwa and Nuwakot District of Nepal.

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