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Leeward Group Holdings (Leeward Group Holdings) Quick Ratio : 0.51 (As of Mar. 2011)


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What is Leeward Group Holdings 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. Leeward Group Holdings's quick ratio for the quarter that ended in Mar. 2011 was 0.51.

Leeward Group Holdings has a quick ratio of 0.51. It indicates that the company cannot currently fully pay back its current liabilities.

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

PCPZ's Quick Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.54
* Ranked among companies with meaningful Quick Ratio only.

Leeward Group Holdings Quick Ratio Historical Data

The historical data trend for Leeward Group Holdings'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.

Leeward Group Holdings Quick Ratio Chart

Leeward Group Holdings Annual Data
Trend May07 May08 May09 Dec10
Quick Ratio
29.50 0.60 0.07 0.42

Leeward Group Holdings Quarterly Data
May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 Jun10 Sep10 Dec10 Mar11
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 0.14 0.67 0.43 0.42 0.51

Competitive Comparison of Leeward Group Holdings's Quick Ratio

For the Security & Protection Services subindustry, Leeward Group Holdings'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.


Leeward Group Holdings's Quick Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Leeward Group Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Leeward Group Holdings's Quick Ratio falls into.



Leeward Group Holdings 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.

Leeward Group Holdings's Quick Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Quick Ratio (A: Dec. 2010 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.167-0)/0.398
=0.42

Leeward Group Holdings's Quick Ratio for the quarter that ended in Mar. 2011 is calculated as

Quick Ratio (Q: Mar. 2011 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.196-0)/0.381
=0.51

* 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.


Leeward Group Holdings  (GREY:PCPZ) 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.


Leeward Group Holdings Quick Ratio Related Terms

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Leeward Group Holdings (Leeward Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
65 S. Main Street, Suite A300, Pennington, NJ, USA, 08543
Website
Leeward Group Holdings Inc is a development stage company, through its wholly owned subsidiary, is engaged in the establishment of a customer service oriented security firm specializing in uniformed guard services and private investigations services.

Leeward Group Holdings (Leeward Group Holdings) Headlines

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