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Tandou (Tandou) Quick Ratio : 0.16 (As of Dec. 2014)


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What is Tandou 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. Tandou's quick ratio for the quarter that ended in Dec. 2014 was 0.16.

Tandou has a quick ratio of 0.16. It indicates that the company cannot currently fully pay back its current liabilities.

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

TDUFF's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.02
* Ranked among companies with meaningful Quick Ratio only.

Tandou Quick Ratio Historical Data

The historical data trend for Tandou'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.

Tandou Quick Ratio Chart

Tandou Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Jun12 Jun13 Jun14
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 0.83 0.45 0.74 1.01

Tandou Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 1.87 0.74 0.15 1.01 0.16

Competitive Comparison of Tandou's Quick Ratio

For the Farm Products subindustry, Tandou'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.


Tandou's Quick Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tandou's Quick Ratio distribution charts can be found below:

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



Tandou 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.

Tandou's Quick Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Quick Ratio (A: Jun. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(91.852-82.643)/9.073
=1.01

Tandou's Quick Ratio for the quarter that ended in Dec. 2014 is calculated as

Quick Ratio (Q: Dec. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(70.086-65.845)/25.79
=0.16

* 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.


Tandou  (OTCPK:TDUFF) 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.


Tandou Quick Ratio Related Terms

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Tandou (Tandou) Business Description

Traded in Other Exchanges
N/A
Address
Tandou Ltd is an Australia based company produces and sells irrigated cotton and cereal crops. Business activity of the firm is operated with two segments namely Farming and Water Operations. The Farming operation comprises of the production of crops (upland cotton and cereal) for sale in Australian and international markets as well as pastoral activities relating to sheep and cattle. The Water operation segment includes the trading of permanent water entitlements and temporary water allocations. In addition, it is also involved in the Production of livestock at Tandou Farm. Tandou derives the majority of revenue from the farming segment.

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