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Fibria Celulose (Fibria Celulose) Quick Ratio : 1.94 (As of Sep. 2018)


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What is Fibria Celulose Quick Ratio?

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. Fibria Celulose's quick ratio for the quarter that ended in Sep. 2018 was 1.94.

Fibria Celulose has a quick ratio of 1.94. It generally indicates good short-term financial strength.

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

FBR's Quick Ratio is not ranked *
in the Forest Products industry.
Industry Median: 1.015
* Ranked among companies with meaningful Quick Ratio only.

Fibria Celulose Quick Ratio Historical Data

The historical data trend for Fibria Celulose'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.

Fibria Celulose Quick Ratio Chart

Fibria Celulose Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.96 1.32 1.46 1.46

Fibria Celulose Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 1.46 1.75 1.89 1.94

Competitive Comparison of Fibria Celulose's Quick Ratio

For the Paper & Paper Products subindustry, Fibria Celulose'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.


Fibria Celulose's Quick Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fibria Celulose's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Fibria Celulose's Quick Ratio falls into.



Fibria Celulose 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.

Fibria Celulose's Quick Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Quick Ratio (A: Dec. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3195.8-631.382)/1757.149
=1.46

Fibria Celulose's Quick Ratio for the quarter that ended in Sep. 2018 is calculated as

Quick Ratio (Q: Sep. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3850.307-717.535)/1611.524
=1.94

* 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.


Fibria Celulose  (NYSE:FBR) 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.


Fibria Celulose Quick Ratio Related Terms

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Fibria Celulose (Fibria Celulose) Business Description

Traded in Other Exchanges
N/A
Address
Fibria Celulose SA manufactures and sells eucalyptus pulp. The firm classifies its end products into sanitary paper, printing and writing, and special papers. The sanitary paper segment generates more pulp revenue than any other segment. More revenue comes from Europe than any other geography. The company owns forest land and mills in Brazil, where it harvests timber and turns the timber into pulp products in its mills. Fibria Celulose also operates a shipping port specialized for the shipment of pulp.