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Dupont Fabros Technology (Dupont Fabros Technology) Quick Ratio : 0.32 (As of Jun. 2017)


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What is Dupont Fabros Technology 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. Dupont Fabros Technology's quick ratio for the quarter that ended in Jun. 2017 was 0.32.

Dupont Fabros Technology has a quick ratio of 0.32. It indicates that the company cannot currently fully pay back its current liabilities.

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

DFTPRACL.PFD' s Quick Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.67   Max: 5.34
Current: 0.32

During the past 13 years, Dupont Fabros Technology's highest Quick Ratio was 5.34. The lowest was 0.32. And the median was 1.67.

DFTPRACL.PFD's Quick Ratio is not ranked
in the REITs industry.
Industry Median: 0.92 vs DFTPRACL.PFD: 0.32

Dupont Fabros Technology Quick Ratio Historical Data

The historical data trend for Dupont Fabros Technology'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.

Dupont Fabros Technology Quick Ratio Chart

Dupont Fabros Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 1.92 1.06 1.54 0.86

Dupont Fabros Technology Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 3.50 1.55 0.86 0.49 0.32

Competitive Comparison of Dupont Fabros Technology's Quick Ratio

For the REIT - Office subindustry, Dupont Fabros Technology'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.


Dupont Fabros Technology's Quick Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Dupont Fabros Technology's Quick Ratio falls into.



Dupont Fabros Technology 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.

Dupont Fabros Technology's Quick Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Quick Ratio (A: Dec. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(173.215-0)/202.207
=0.86

Dupont Fabros Technology's Quick Ratio for the quarter that ended in Jun. 2017 is calculated as

Quick Ratio (Q: Jun. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(161.146-0)/508.164
=0.32

* 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.


Dupont Fabros Technology  (NYSE:DFTPRACL.PFD) 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.


Dupont Fabros Technology Quick Ratio Related Terms

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Dupont Fabros Technology (Dupont Fabros Technology) Business Description

Traded in Other Exchanges
N/A
Address
Dupont Fabros Technology, or DFT, is a real estate investment trust engaged in the design and operation of multitenant, wholesale data centers in metropolitan areas across the United States. The company provides the space and infrastructure, such as electrical power, security, and fire suppression services for customers to operate their servers and computing equipment. Its real estate portfolio is composed of large data centers located in the Northern Virginia, Chicago, Greater New York City, and Santa Clara, California areas. DFT derives the majority of its income in the form of rental revenue from tenants in short- to medium-term lease agreements. The company's major customers are technology companies, including Microsoft, Facebook, and Yahoo, which account for most of its revenue.
Executives
Brian D Doricko officer: SVP, Chief Revenue Officer 1212 NEW YORK AVENUE,NW,SUITE 900, WASHINGTON DC 20005
Mary M Styer director 1212 NEW YORK AVENUE, NW, SUITE 900, WASHINGTON DC 20005
Scott A Davis officer: EVP, Operations 401 9TH STREET, NW #600, WASHINGTON DC 20005
Christopher P. Eldredge director, officer: President and CEO 401 9TH STREET, NW #600, WASHINGTON DC 20004
Frederic V Malek director C/O THAYER LODGING GROUP, 1730 PENNSYLVANIA AVENUE NW #525, WASHINGTON DC 20006
James Warren Armstrong officer: Chief Accounting Officer 401 9TH STREET, NW #600, WASHINGTON DC 20005
Maria Kenny officer: SVP Finance & Treasurer 401 9TH STREET, NW #600, WASHINGTON DC 20004
Jonathan G Heiliger director JIVE SOFTWARE, INC., 325 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Roberts John T Jr director
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Hossein Fateh director, officer: President and CEO C/O DUPONT FABROS TECHNOLOGY, INC., 1212 NEW YORK AVENUE, NW, STE 900, WASHINGTON DC 20005
Du Pont Lammot J director, officer: Executive Chairman C/O DUPONT FABROS TECHNOLOGY, INC., 401 9TH STREET, NW #600, WASHINGTON DC 20004
Mark Amin director 2700 COLORADO AVE., SANTA MONICA CA 90404
Michael A Coke director TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
John H Toole director 250 FARMINGTON DRIVE, CHARLOTTESVILLE VA 22901

Dupont Fabros Technology (Dupont Fabros Technology) Headlines

From GuruFocus

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 40,000 Shares

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DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 5,000 Shares

By GuruFocus Research GuruFocus Editor 04-23-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 16,888 Shares

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By GuruFocus Research GuruFocus Editor 04-29-2010

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 04-01-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 22,161 Shares

By GuruFocus Research GuruFocus Editor 04-15-2010