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Capgemini SE Quick Ratio

: 1.38 (As of Dec. 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. Capgemini SE's quick ratio for the quarter that ended in Dec. 2021 was 1.38.

Capgemini SE has a quick ratio of 1.38. It generally indicates good short-term financial strength.

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

CGEMY' s Quick Ratio Range Over the Past 10 Years
Min: 1.28   Med: 1.52   Max: 1.86
Current: 1.38

During the past 13 years, Capgemini SE's highest Quick Ratio was 1.86. The lowest was 1.28. And the median was 1.52.

CGEMY's Quick Ratio is ranked worse than
64.94% of 2727 companies
in the Software industry
Industry Median: 1.88 vs CGEMY: 1.38

Capgemini SE Quick Ratio Historical Data

The historical data trend for Capgemini SE'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.

Capgemini SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Quick Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 1.45 1.28 1.31 1.38

Capgemini SE Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Quick Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.28 1.29 1.31 1.24 1.38

Competitive Comparison

For the Information Technology Services subindustry, Capgemini SE'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.

   

Capgemini SE Quick Ratio Distribution

For the Software industry and Technology sector, Capgemini SE's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Capgemini SE's Quick Ratio falls into.



Capgemini SE 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.

Capgemini SE'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
=(10168.361581921-0)/7363.8418079096
=1.38

Capgemini SE's Quick Ratio for the quarter that ended in Dec. 2021 is calculated as

Quick Ratio (Q: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(10168.361581921-0)/7363.8418079096
=1.38

* 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.


Capgemini SE  (OTCPK:CGEMY) 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.


Capgemini SE Quick Ratio Related Terms

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Capgemini SE Business Description

Capgemini SE logo
Address
11 rue de Tilsitt, Paris, FRA, 75017
Capgemini is a French IT services company with a global presence. The firm has over 450 offices globally, with more than half of its employees based in India. Capgemini provides services related to IT consulting, infrastructure management, and business process outsourcing.

Capgemini SE Headlines

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