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Associated Oxygen (DHA:AOL) 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. Associated Oxygen's quick ratio for the quarter that ended in . 20 was 0.00.

Associated Oxygen 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 Associated Oxygen's Quick Ratio or its related term are showing as below:


Associated Oxygen Quick Ratio Historical Data

The historical data trend for Associated Oxygen'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.

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Associated Oxygen Annual Data
Trend
Quick Ratio

Associated Oxygen Semi-Annual Data
Quick Ratio

Competitive Comparison

For the Chemicals subindustry, Associated Oxygen'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.

   

Associated Oxygen Quick Ratio Distribution

For the Chemicals industry and Basic Materials sector, Associated Oxygen's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Associated Oxygen's Quick Ratio falls in comparison to its industry or sector. The grey bar indicates the Quick Ratio's extreme value range as defined by GuruFocus.



Associated Oxygen 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.

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

Associated Oxygen'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.


Associated Oxygen  (DHA:AOL) 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.


Associated Oxygen Quick Ratio Related Terms

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Associated Oxygen (DHA:AOL) Business Description

Associated Oxygen logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
26, BCIC Sadan, 1st Floor, Agrabad, Chitagong, BGD
Associated Oxygen Ltd is engaged in the business of producing and supplying Industrial gases both in liquid and gaseous forms. The products include industrial gases, medical gases, and welding products.

Associated Oxygen (DHA:AOL) Headlines

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