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1 Page Quick Ratio

: 287.56 (As of Jun. 2018)
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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. 1 Page's quick ratio for the quarter that ended in Jun. 2018 was 287.56.

1 Page has a quick ratio of 287.56. It generally indicates good short-term financial strength.


1 Page Quick Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

1 Page Annual Data
Jun06 Jun07 Jun08 Jun09 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16
Quick Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.58 10.98 13.39 48.42

1 Page Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jun18
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 43.60 48.42 37.50 22.66 287.56

Competitive Comparison
* 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.


1 Page Quick Ratio Distribution

* The bar in red indicates where 1 Page's Quick Ratio falls into.



1 Page 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.

1 Page's Quick Ratio for the fiscal year that ended in Jan. 2016 is calculated as

Quick Ratio (A: Jan. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(34.667601683029-0)/0.71598877980365
=48.42

1 Page's Quick Ratio for the quarter that ended in Jun. 2018 is calculated as

Quick Ratio (Q: Jun. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(12.718140929535-0)/0.044227886056972
=287.56

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


1 Page  (OTCPK:PGQWF) 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.


1 Page Quick Ratio Related Terms


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