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South Dakota Soybean Processors LLC 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. South Dakota Soybean Processors LLC's quick ratio for the quarter that ended in . 20 was 0.00.

South Dakota Soybean Processors LLC has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.


South Dakota Soybean Processors LLC Quick Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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South Dakota Soybean Processors LLC Annual Data
Quick Ratio

South Dakota Soybean Processors LLC Semi-Annual Data
Quick Ratio

Competitive Comparison
* 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.


South Dakota Soybean Processors LLC Quick Ratio Distribution

* The bar in red indicates where South Dakota Soybean Processors LLC's Quick Ratio falls into.



South Dakota Soybean Processors LLC 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.

South Dakota Soybean Processors LLC's Quick Ratio for the fiscal year that ended in . 20 is calculated as

South Dakota Soybean Processors LLC's Quick Ratio for the quarter that ended in . 20 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


South Dakota Soybean Processors LLC  (GREY:SDSYA) 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.


South Dakota Soybean Processors LLC Quick Ratio Related Terms


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