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Arab Co for Asset Management And Development (CAI:ACAMD) Quick Ratio : 0.00 (As of . 20)


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What is Arab Co for Asset Management And Development 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. Arab Co for Asset Management And Development's quick ratio for the quarter that ended in . 20 was 0.00.

Arab Co for Asset Management And Development has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Arab Co for Asset Management And Development's Quick Ratio or its related term are showing as below:

CAI:ACAMD's Quick Ratio is not ranked *
in the Real Estate industry.
Industry Median: 0.81
* Ranked among companies with meaningful Quick Ratio only.

Arab Co for Asset Management And Development Quick Ratio Historical Data

The historical data trend for Arab Co for Asset Management And Development'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.

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Arab Co for Asset Management And Development Quick Ratio Chart

Arab Co for Asset Management And Development Annual Data
Trend
Quick Ratio

Arab Co for Asset Management And Development Semi-Annual Data
Quick Ratio

Competitive Comparison of Arab Co for Asset Management And Development's Quick Ratio

For the Real Estate - Development subindustry, Arab Co for Asset Management And Development'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.


Arab Co for Asset Management And Development's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arab Co for Asset Management And Development's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Arab Co for Asset Management And Development's Quick Ratio falls into.



Arab Co for Asset Management And Development 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.

Arab Co for Asset Management And Development's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Arab Co for Asset Management And Development's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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.


Arab Co for Asset Management And Development  (CAI:ACAMD) 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.


Arab Co for Asset Management And Development Quick Ratio Related Terms

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Arab Co for Asset Management And Development (CAI:ACAMD) Business Description

Traded in Other Exchanges
N/A
Address
28 Talaat Harb Street, Cairo, EGY
Arab Co for Asset Management And Development is an Egypt based real estate company. It is involved in selling plots of land, partnering with potential real estate developers, developing real estate project with a mix of residential, retail, office space, touristic and medical among others.

Arab Co for Asset Management And Development (CAI:ACAMD) Headlines

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