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Morarit Panificatie Roman (BSE:MORA) Quick Ratio : 0.00 (As of . 20)


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What is Morarit Panificatie Roman 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. Morarit Panificatie Roman's quick ratio for the quarter that ended in . 20 was 0.00.

Morarit Panificatie Roman 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 Morarit Panificatie Roman's Quick Ratio or its related term are showing as below:

BSE:MORA's Quick Ratio is not ranked *
in the Retail - Defensive industry.
Industry Median: 0.885
* Ranked among companies with meaningful Quick Ratio only.

Morarit Panificatie Roman Quick Ratio Historical Data

The historical data trend for Morarit Panificatie Roman'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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Morarit Panificatie Roman Quick Ratio Chart

Morarit Panificatie Roman Annual Data
Trend
Quick Ratio

Morarit Panificatie Roman Semi-Annual Data
Quick Ratio

Competitive Comparison of Morarit Panificatie Roman's Quick Ratio

For the Grocery Stores subindustry, Morarit Panificatie Roman'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.


Morarit Panificatie Roman's Quick Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Morarit Panificatie Roman's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Morarit Panificatie Roman's Quick Ratio falls into.



Morarit Panificatie Roman 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.

Morarit Panificatie Roman's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Morarit Panificatie Roman'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.


Morarit Panificatie Roman  (BSE:MORA) 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.


Morarit Panificatie Roman Quick Ratio Related Terms

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Morarit Panificatie Roman (BSE:MORA) Business Description

Traded in Other Exchanges
N/A
Address
Strada Magurei 3, Roman, ROU
Morarit Panificatie SA Roman is engaged in producing flour and bakery products. Its product portfolio comprises of Panification, Pastry, Bretzels, Confectionery, and Grist. It offers bakery products, such as buns; hearth breads; and home breads, rods, toasts, and biscuits. The company also provides pastries; crackers; croquettes; fruit specialties; shits, jams, and nuts; cookies with cream; cake with nuts and raisins; rye biscuits and pasta, and dieticians; jams, pies, apple slices, and cheeses; croissants; coils; noodles; and coats.

Morarit Panificatie Roman (BSE:MORA) Headlines

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