URS (FRA:URS) Quick Ratio : 1.85 (As of Jun. 2014)

View and export this data going back to . Start your Free Trial

What is URS 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. URS's quick ratio for the quarter that ended in Jun. 2014 was 1.85.

URS has a quick ratio of 1.85. It generally indicates good short-term financial strength.

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

FRA:URS' s Quick Ratio Range Over the Past 10 Years
Min: 1.38 Med: 1.89 Max: 2.74
Current: 1.85

During the past 13 years, URS's highest Quick Ratio was 2.74. The lowest was 1.38. And the median was 1.89.

FRA:URS's Quick Ratio is not ranked
in the Construction industry.
Industry Median: 1.28 vs FRA:URS: 1.85

URS Quick Ratio Historical Data

The historical data trend for URS'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.

URS Quick Ratio Chart

URS Annual Data

Trend

Oct04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Quick Ratio

Get a 7-Day Free Trial

1.88

1.83

1.66

1.73

1.82

URS Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Quick Ratio	Get a 7-Day Free Trial															1.86	1.89	1.82	2.01	1.85

Competitive Comparison of URS's Quick Ratio

For the Engineering & Construction subindustry, URS'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.

URS's Quick Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, URS's Quick Ratio distribution charts can be found below:

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

URS 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.

URS's Quick Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Quick Ratio (A: Dec. 2013 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(2475.211	-	35.916)	/	1342.178
	=	1.82

URS's Quick Ratio for the quarter that ended in Jun. 2014 is calculated as

Quick Ratio (Q: Jun. 2014 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(2477.376	-	0)	/	1335.84
	=	1.85

URS (FRA:URS) 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.

URS Quick Ratio Related Terms

Thank you for viewing the detailed overview of URS's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

URS (FRA:URS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » URS Corp (FRA:URS) » Definitions » Quick Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.urscorp.com

URS Corporation was originally incorporated in California on May 1, 1957 under the former name of Broadview Research Corporation. On May 18, 1976, it re-incorporated in Delaware under the name URS Corporation. After several additional name changes, it re-adopted the name 'URS Corporation' on February 21, 1990. The Company is an international provider of engineering, construction and technical services. It offers a range of program management, planning, design, engineering, construction and construction management, operations and maintenance, and decommissioning and closure services to public agencies and private sector clients around the world. It is also a U.S. federal government contractor in the areas of systems engineering and technical assistance, and operations and maintenance. The Company expertise is focused in four market sectors: power, infrastructure, federal, and industrial and commercial. Within these markets, it offers a broad range of services, including program management; planning, design and engineering; systems engineering and technical assistance; IT services; construction and construction management; operations and maintenance; and decommissioning and closure. In the power sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. It provides these services to utilities, industrial co-generators, independent power producers, original equipment manufacturers and government utilities. In the infrastructure sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. As a contractor to the U.S. federal government and national governments of other countries, it serves a wide variety of government departments and agencies, including the DOD, DHS, Department of Energy, as well as the General Services Administration, the Environmental Protection Agency, NASA and other federal agencies. The Company's services range from program management; planning, design and engineering; systems engineering and technical assistance; and IT services to construction and construction management; operations and maintenance; and decommissioning and closure. In industrial and commercial sector it provides a wide range of engineering, procurement and construction services for new industrial and commercial

URS (FRA:URS) Headlines

No Headlines