Market Cap : 2.85 B | Enterprise Value : 4.51 B | PE Ratio : 6.93 | PB Ratio : 1.00 |
---|
NAS:AAWW has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:AAWW has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Atlas Air Worldwide Holdings's quick ratio for the quarter that ended in Jun. 2022 was 0.86.
Atlas Air Worldwide Holdings has a quick ratio of 0.86. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Atlas Air Worldwide Holdings's Quick Ratio or its related term are showing as below:
During the past 13 years, Atlas Air Worldwide Holdings's highest Quick Ratio was 4.52. The lowest was 0.29. And the median was 1.46.
AAWW's Quick Ratio is ranked worse thanThe historical data trend for Atlas Air Worldwide Holdings'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.
For the Airports & Air Services subindustry, Atlas Air Worldwide Holdings'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.
For the Transportation industry and Industrials sector, Atlas Air Worldwide Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Atlas Air Worldwide Holdings's Quick Ratio falls into.
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.
Atlas Air Worldwide Holdings's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Quick Ratio (A: Dec. 2021 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (1326.022 | - | 0) | / | 1420.057 | |
= | 0.93 |
Atlas Air Worldwide Holdings's Quick Ratio for the quarter that ended in Jun. 2022 is calculated as
Quick Ratio (Q: Jun. 2022 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (993.018 | - | 0) | / | 1149.002 | |
= | 0.86 |
* 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.
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.
Thank you for viewing the detailed overview of Atlas Air Worldwide Holdings's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Borst Walter G | director | 2701 NAVISTAR DRIVE LISLE IL 60532 |
Conner Raymond L. | director | ALASKA AIR GROUP, INC. 19300 INTERNATIONAL BLVD SEATTLE WA 98188 |
Willis George | director | 55 GLENLAKE PARKWAY, NE ATLANTA GA 30328 |
Zierhoffer Carol J | director | 100 NORTH POINT CENTER EAST SUITE 200 ALPHARETTA GA 30022 |
Goulet, Beverly K. | director | 10990 ROE AVENUE OVERLAND PARK KS 66211 |
Forbes James Anthony | officer: EVP & COO | C/O ATLAS AIR WORLDWIDE HOLDINGS, INC. 2000 WESTCHESTER AVENUE PURCHASE NY 10577 |
Stamps Sheila A | director | C/O CIT GROUP, 1 CIT DRIVE ATTN: GENERAL COUNSEL LIVINGSTON NJ 07039 |
Lute Jane H | director | 4404 33RD ROAD NORTH ARLINGTON VA 22207 |
Bolden Charles F Jr | director | MARATHON OIL CORP 5555 SAN FELIPE ROAD HOUSTON TX 77056 |
Griffin Bobby J | director | C/O UNITED RENTALS, INC. 100 FIRST STAMFORD PL STE 700 STAMFORD CT 06902 |
Wulff John K | director | C/O HERCULES INC 1313 NORTH MARKET STREET WILMINGTON DE 19894-0001 |
Mcnabb Duncan J. | director | C/O ATLAS AIR WORLDWIDE HOLDINGS, INC. 2000 WESTCHESTER AVENUE PURCHASE NY 10577 |
Mayer Keith H. | officer: Vice President & Controller | ATLAS AIR WORLDWIDE HOLDINGS, INC. 2000 WESTCHESTER AVENUE PURCHASE NY 10577 |
Harbinger Capital Partners Llc | 10 percent owner, other: *See Remarks | 450 PARK AVENUE, 30TH FLOOR NEW YORK NY 10022 |
Harbinger Holdings, Llc | 10 percent owner, other: *See Remarks | 450 PARK AVENUE, 30TH FLOOR NEW YORK NY 10022 |
Other Sources
By Zacks 2022-02-03
By Zacks 2022-02-14
By Zacks 2022-03-18
By Zacks 2022-02-03
By Zacks 2022-02-18
By Zacks 2022-02-07
By Zacks 2022-02-17
By Zacks 2022-02-11
By Zacks 2022-03-23
By Zacks 2022-03-25
By Zacks 2022-02-04
By Zacks 2022-02-15
By Zacks 2022-02-10
By Zacks 2022-01-31