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POLIS Immobilien AG (XTER:PQL) Quick Ratio : 1.07 (As of Jun. 2015)


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What is POLIS Immobilien 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. POLIS Immobilien AG's quick ratio for the quarter that ended in Jun. 2015 was 1.07.

POLIS Immobilien AG has a quick ratio of 1.07. It generally indicates good short-term financial strength.

The historical rank and industry rank for POLIS Immobilien AG's Quick Ratio or its related term are showing as below:

XTER:PQL' s Quick Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.49   Max: 1.72
Current: 1.07

During the past 9 years, POLIS Immobilien AG's highest Quick Ratio was 1.72. The lowest was 0.20. And the median was 0.49.

XTER:PQL's Quick Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.81 vs XTER:PQL: 1.07

POLIS Immobilien AG Quick Ratio Historical Data

The historical data trend for POLIS Immobilien 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.

POLIS Immobilien AG Quick Ratio Chart

POLIS Immobilien AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 0.22 0.49 1.29 1.04 0.42

POLIS Immobilien AG Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 1.37 1.42 0.42 1.21 1.07

Competitive Comparison of POLIS Immobilien AG's Quick Ratio

For the Real Estate Services subindustry, POLIS Immobilien 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.


POLIS Immobilien AG's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, POLIS Immobilien AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where POLIS Immobilien AG's Quick Ratio falls into.



POLIS Immobilien 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.

POLIS Immobilien AG's Quick Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Quick Ratio (A: Dec. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(15.086-0)/35.63
=0.42

POLIS Immobilien AG's Quick Ratio for the quarter that ended in Jun. 2015 is calculated as

Quick Ratio (Q: Jun. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(13.229-0)/12.352
=1.07

* 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.


POLIS Immobilien AG  (XTER:PQL) 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.


POLIS Immobilien AG Quick Ratio Related Terms

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POLIS Immobilien AG (XTER:PQL) Business Description

Traded in Other Exchanges
N/A
Address
POLIS Immobilien AG was founded in Berlin in 1998. It is a real estate company that buys, refurbishes and manages office properties throughout Germany for its own portfolio. Principal business processes of POLIS involve letting office, retail and residential properties, buying and selling properties, and investing in order to increase the value of its real estate holdings. It also provides asset management services for third parties.

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