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ADN Telecom (DHA:ADNTEL) Quick Ratio

: 0.00 (As of . 20)
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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. ADN Telecom's quick ratio for the quarter that ended in . 20 was 0.00.

ADN Telecom has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

DHA:ADNTEL's Quick Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.96
* Ranked among companies with meaningful Quick Ratio only.

ADN Telecom Quick Ratio Historical Data

The historical data trend for ADN Telecom'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.

ADN Telecom Annual Data
Trend
Quick Ratio

ADN Telecom Semi-Annual Data
Quick Ratio

Competitive Comparison

For the Telecom Services subindustry, ADN Telecom'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.


ADN Telecom Quick Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, ADN Telecom's Quick Ratio distribution charts can be found below:

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



ADN Telecom 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.

ADN Telecom's Quick Ratio for the fiscal year that ended in . 20 is calculated as

ADN Telecom's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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.


ADN Telecom  (DHA:ADNTEL) 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.


ADN Telecom Quick Ratio Related Terms

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ADN Telecom (DHA:ADNTEL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
17, Mohakhali Commercial Area, Red Crescent Concord Tower (19th Floor), Dhaka, BGD, 1212
ADN Telecom Ltd is a ISP, MPLS, IPLC, and IP Telephony service provider in Bangladesh. The company owns a diverse access network across the whole country through wireless, fiber, and satellite infrastructure. It offers internet services, global multi protocol level switching, international private leased circuit, domestic multi protocol level switching, satellite based services, IP telephony, video conferencing, data center services, and managed services.

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