GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » C-QUADRAT Investment AG (XTER:C8I) » Definitions » Quick Ratio

C-QUADRAT Investment AG (XTER:C8I) Quick Ratio : 2.72 (As of Jun. 2018)


View and export this data going back to 2006. Start your Free Trial

What is C-QUADRAT Investment AG 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. C-QUADRAT Investment AG's quick ratio for the quarter that ended in Jun. 2018 was 2.72.

C-QUADRAT Investment AG has a quick ratio of 2.72. It generally indicates good short-term financial strength.

The historical rank and industry rank for C-QUADRAT Investment AG's Quick Ratio or its related term are showing as below:

XTER:C8I's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.805
* Ranked among companies with meaningful Quick Ratio only.

C-QUADRAT Investment AG Quick Ratio Historical Data

The historical data trend for C-QUADRAT Investment AG'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.

C-QUADRAT Investment AG Quick Ratio Chart

C-QUADRAT Investment AG 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 1.81 1.91 3.22 3.10 2.13

C-QUADRAT Investment AG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 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 2.42 2.58 2.13 3.08 2.72

Competitive Comparison of C-QUADRAT Investment AG's Quick Ratio

For the Asset Management subindustry, C-QUADRAT Investment AG'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.


C-QUADRAT Investment AG's Quick Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, C-QUADRAT Investment AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where C-QUADRAT Investment AG's Quick Ratio falls into.



C-QUADRAT Investment AG 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.

C-QUADRAT Investment AG'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
=(42.834-0)/20.147
=2.13

C-QUADRAT Investment AG'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
=(37.601-0)/13.804
=2.72

* 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.


C-QUADRAT Investment AG  (XTER:C8I) 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.


C-QUADRAT Investment AG Quick Ratio Related Terms

Thank you for viewing the detailed overview of C-QUADRAT Investment AG's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


C-QUADRAT Investment AG (XTER:C8I) Business Description

Traded in Other Exchanges
N/A
Address
Schottenfeldgasse 20, Vienna, AUT, 1070
C-QUADRAT Investment AG is Austria - based asset management company. Its core business is to analysis and management of investment funds and the management and marketing of its own funds of funds, stock-picking funds as well as special mandates for institutional clients. The company handles the management of external assets within the scope of publicly launched investment funds as well as the marketing of the company's own investment funds and products. Its operating segments include Investments, and Asset Management and Sales. The company's revenue comprises of revenue received for rendering services in the securities and fund management field.

C-QUADRAT Investment AG (XTER:C8I) Headlines

No Headlines