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. P10 Holdings's quick ratio for the quarter that ended in Dec. 2020 was 0.81.
P10 Holdings has a quick ratio of 0.81. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for P10 Holdings's Quick Ratio or its related term are showing as below:
STU:AC3B's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.95 * Ranked among companies with meaningful Quick Ratio only.
P10 Holdings Quick Ratio Historical Data
The historical data trend for P10 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.
Competitive Comparison of P10 Holdings's Quick Ratio
For the Asset Management subindustry, P10 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.
P10 Holdings's Quick Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, P10 Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where P10 Holdings's Quick Ratio falls into.
P10 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.
P10 Holdings's Quick Ratio for the fiscal year that ended in Dec. 2020 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.
P10 Holdings (STU:AC3B) 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.
P10 Holdings Quick Ratio Related Terms
Thank you for viewing the detailed overview of P10 Holdings's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
P10 Holdings Inc is an asset management company. Its existing portfolio of solutions across private equity, venture capital, private credit, and impact investing support its mission by offering a comprehensive set of investment vehicles to its investors, including primary fund of funds, secondary investment, direct investment, and co-investments, alongside separate accounts. The company generates the majority of its revenue from Management & advisory fees.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STU:AC3B has been successfully added to your 