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CarmilaS Quick Ratio

: 0.94 (As of Jun. 2021)
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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. CarmilaS's quick ratio for the quarter that ended in Jun. 2021 was 0.94.

CarmilaS has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.

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

CHIX:CARMP' s Quick Ratio Range Over the Past 10 Years
Min: 0.15   Med: 1.08   Max: 2.4
Current: 0.94

0.15
2.4

During the past 12 years, CarmilaS's highest Quick Ratio was 2.40. The lowest was 0.15. And the median was 1.08.

CHIX:CARMP's Quick Ratio is ranked lower than
54% of the 696 Companies
in the REITs industry.

( Industry Median: 1.03 vs. CHIX:CARMP: 0.94 )

CarmilaS Quick Ratio Historical Data

The historical data trend for CarmilaS'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.

CarmilaS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Quick Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 1.54 1.37 0.89 1.06

CarmilaS Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Quick Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.92 0.89 1.09 1.06 0.94

Competitive Comparison

For the REIT - Retail subindustry, CarmilaS'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.

   

CarmilaS Quick Ratio Distribution

For the REITs industry and Real Estate sector, CarmilaS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where CarmilaS's Quick Ratio falls into.



CarmilaS 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.

CarmilaS's Quick Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Quick Ratio (A: Dec. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(555.21-0)/521.57
=1.06

CarmilaS's Quick Ratio for the quarter that ended in Jun. 2021 is calculated as

Quick Ratio (Q: Jun. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(423.87-0)/449.895
=0.94

* 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.


CarmilaS  (CHIX:CARMP) 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.


CarmilaS Quick Ratio Related Terms

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


CarmilaS Business Description

CarmilaS logo
Industry
Real Estate » REITs NAICS : 0 SIC : 0
Traded in Other Exchanges
Address
58, avenue Emile Zola, Boulogne Billancourt, Paris, FRA, 92100
Carmila SAS is a retail property company, which engages in marketing, leasing, shopping center management and portfolio management. It regenerates and extracts value on shopping centers anchored by Carrefour stores. The company operates through the following segments: France; Spain; and Italy. Majority of the firm's revenue gets derived from France region.

CarmilaS Headlines

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