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Budweiser Brewing Co APAC Quick Ratio

: 0.48 (As of Jun. 2021)
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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. Budweiser Brewing Co APAC's quick ratio for the quarter that ended in Jun. 2021 was 0.48.

Budweiser Brewing Co APAC has a quick ratio of 0.48. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Budweiser Brewing Co APAC's Quick Ratio or its related term are showing as below:

OTCPK:BDWBF' s Quick Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.48   Max: 0.57
Current: 0.48

0.37
0.57

During the past 4 years, Budweiser Brewing Co APAC's highest Quick Ratio was 0.57. The lowest was 0.37. And the median was 0.48.

OTCPK:BDWBF's Quick Ratio is ranked lower than
99.99% of the 25 Companies
in the Beverages - Alcoholic industry.

( Industry Median: 0.79 vs. OTCPK:BDWBF: 0.48 )

Budweiser Brewing Co APAC Quick Ratio Historical Data

The historical data trend for Budweiser Brewing Co APAC'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.

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Quick Ratio
0.55 0.52 0.37 0.41

Budweiser Brewing Co APAC Quarterly Data
Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21
Quick Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.37 0.40 0.41 0.48

Competitive Comparison

For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC'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.

   

Budweiser Brewing Co APAC Quick Ratio Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Budweiser Brewing Co APAC's Quick Ratio falls into.



Budweiser Brewing Co APAC 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.

Budweiser Brewing Co APAC's Quick Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Quick Ratio (A: Dec. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2332-434)/4637
=0.41

Budweiser Brewing Co APAC's Quick Ratio for the quarter that ended in Jun. 2021 is calculated as

Quick Ratio (Q: Jun. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2713-449)/4735
=0.48

* 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.


Budweiser Brewing Co APAC  (OTCPK:BDWBF) 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.


Budweiser Brewing Co APAC Quick Ratio Related Terms

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Budweiser Brewing Co APAC Business Description

Budweiser Brewing Co APAC logo
Industry
Traded in Other Exchanges
Address
1 Matheson Street, Suites 3012-16, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Budweiser Brewing Co. APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns the remaining 90% of the company's equity.Bud APAC's largest markets are China (80% of 2020 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.
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