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. Yandex NV's quick ratio for the quarter that ended in Jun. 2021 was 3.22.
Yandex NV has a quick ratio of 3.22. It generally indicates good short-term financial strength.
The historical rank and industry rank for Yandex NV's Quick Ratio or its related term are showing as below:
NAS:YNDX'
s Quick Ratio Range Over the Past 10 Years
Min: 1.85 Med: 3.31 Max: 6.68
Current: 3.22
1.85
-
6.68
During the past 12 years, Yandex NV's highest Quick Ratio was 6.68. The lowest was 1.85. And the median was 3.31.
NAS:YNDX's Quick Ratio is ranked lower than
57% of the 76
Companies
in the Interactive Media industry.
( Industry Median: 2.10
vs. NAS:YNDX: 3.22
)
Yandex NV Quick Ratio Historical Data
The historical data trend for Yandex NV'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.
Yandex NV Annual Data
Trend
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Quick Ratio
5.13
2.27
3.08
2.57
4.63
Yandex NV Quarterly Data
Sep16
Dec16
Mar17
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Quick Ratio
6.68
5.01
4.63
3.39
3.22
Competitive Comparison
For the Internet Content & Information subindustry, Yandex NV'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.
Yandex NV Quick Ratio Distribution
For the Interactive Media industry and Communication Services sector, Yandex NV's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Yandex NV's Quick Ratio falls into.
Yandex NV 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.
Yandex NV's Quick Ratio for the fiscal year that ended in Dec. 2020 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.
Yandex NV (NAS:YNDX) 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.
Yandex NV Quick Ratio Related Terms
Thank you for viewing the detailed overview of Yandex NV's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Yandex NV is an internet and technology company and operating internet search engines in Russia. It builds products and services powered by machine learning. The company operates through the following segments namely, Search and Portal; Taxi; Yandex.Market; Classifieds; Media Services. Search and Portal segment offers services in Russia, Belarus, Kazakhstan which generates most of the revenue.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
My Gurus
0.97(1.26%) Volume: 1,193,086 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:YNDX has been successfully added to your 
