Club de Polo y Equitacion POLO (XSGO:POLO) Quick Ratio: 18.36 (As of Dec. 2023)


XSGO:POLO Club de Polo y Equitacion SA POLO XSGO:POLO
12 GF Score
Price CLP2,900,000.00
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What is Club de Polo y Equitacion POLO Quick Ratio?

Club de Polo y Equitacion POLO XSGO:POLO 12 Quick Ratio is 18.36 as of Dec. 2023. GuruFocus rates XSGO:POLO with a GF Score™ of 12/100.

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. Club de Polo y Equitacion POLO's quick ratio for the quarter that ended in Dec. 2023 was 18.36.

Club de Polo y Equitacion POLO has a quick ratio of 18.36. It generally indicates good short-term financial strength.

The historical rank and industry rank for Club de Polo y Equitacion POLO's Quick Ratio or its related term are showing as below:

XSGO:POLO's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.46
* Ranked among companies with meaningful Quick Ratio only.

Club de Polo y Equitacion POLO  (XSGO:POLO) 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.


Club de Polo y Equitacion POLO Quick Ratio Related Terms


Club de Polo y Equitacion POLO Quick Ratio Historical Data

* Premium members only.

The historical data trend for Club de Polo y Equitacion POLO'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.

Club de Polo y Equitacion POLO Quick Ratio Chart

Club de Polo y Equitacion POLO Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.64 37.76 97.89 8.51 18.36

Club de Polo y Equitacion POLO Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec22 Dec23
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 109.64 37.76 97.89 8.51 18.36

XSGO:POLO vs NFLX, DIS, LYV: Quick Ratio Comparison

For the Entertainment subindustry, Club de Polo y Equitacion POLO'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.


Club de Polo y Equitacion POLO Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Club de Polo y Equitacion POLO's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Club de Polo y Equitacion POLO's Quick Ratio falls into.


XSGO:POLO
12GF Score
Club de Polo y Equitacion SA POLO XSGO:POLO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Club de Polo y Equitacion POLO 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.

Club de Polo y Equitacion POLO's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(7847.016-0)/427.39
=18.36

Club de Polo y Equitacion POLO's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(7847.016-0)/427.39
=18.36

* 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 18.36 mean?
Club de Polo y Equitacion POLO (XSGO:POLO) has a Quick Ratio of 18.36 as of Dec. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Club de Polo y Equitacion POLO and its competitors.
Is Club de Polo y Equitacion POLO's Quick Ratio too high?
Club de Polo y Equitacion POLO's current Quick Ratio is 18.36. The Media - Diversified industry median Quick Ratio is 1.46. Club de Polo y Equitacion POLO's value of 18.36 is 1157.5% above this industry median. Overall, Club de Polo y Equitacion POLO has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Club de Polo y Equitacion POLO's Quick Ratio compare to NFLX and DIS?
Club de Polo y Equitacion POLO's Quick Ratio of 18.36 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.46. Club de Polo y Equitacion POLO's value of 18.36 is 1157.5% 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,027 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. Club de Polo y Equitacion POLO's current Quick Ratio of 18.36 is 1157.5% 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 Club de Polo y Equitacion POLO and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Club de Polo y Equitacion POLO's current Quick Ratio is 18.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Club de Polo y Equitacion POLO stock overvalued right now?
Club de Polo y Equitacion POLO (XSGO:POLO) has a current Quick Ratio of 18.36. The current Quick Ratio is 18.36 and 1157.5% above the Media - Diversified industry median of 1.46. Club de Polo y Equitacion POLO's overall GF Score™ is 12/100. 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 Club de Polo y Equitacion POLO (XSGO:POLO), the current Quick Ratio is 18.36 as of Dec. 2023. 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.

Club de Polo y Equitacion POLO Business Description

Address Monsenor Escriva de Balaguer 5501, Vitacura, Santiago, CHL
Club de Polo y Equitacion SA POLO is engaged in the operation and management of the sports club, focusing mainly on polo, golf, tennis, horseback riding and soccer. Its activities are restricted for their members and guests. Its objective is to acquire real estate for sports activities, to build and install in them especially polo fields, diving courts, riding schools, stables, courtsof golf, tennis courts.
12GF Score

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CLP2,900,000.00
Price