DLB Anlageservice AG (STU:DLB) Quick Ratio : 34.79 (As of Dec. 2022)

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What is DLB Anlageservice AG 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. DLB Anlageservice AG's quick ratio for the quarter that ended in Dec. 2022 was 34.79.

DLB Anlageservice AG has a quick ratio of 34.79. It generally indicates good short-term financial strength.

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

STU:DLB' s Quick Ratio Range Over the Past 10 Years
Min: 5.1 Med: 21.78 Max: 34.79
Current: 34.79

During the past 13 years, DLB Anlageservice AG's highest Quick Ratio was 34.79. The lowest was 5.10. And the median was 21.78.

STU:DLB's Quick Ratio is ranked better than
87.06% of 688 companies
in the Asset Management industry
Industry Median: 2.945 vs STU:DLB: 34.79

DLB Anlageservice AG Quick Ratio Historical Data

The historical data trend for DLB Anlageservice AG'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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DLB Anlageservice AG Quick Ratio Chart

DLB Anlageservice AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Quick Ratio

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24.91

18.65

5.10

34.79

DLB Anlageservice AG Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Quick Ratio	Get a 7-Day Free Trial											-	24.91	18.65	5.10	34.79

Competitive Comparison of DLB Anlageservice AG's Quick Ratio

For the Asset Management subindustry, DLB Anlageservice AG'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.

DLB Anlageservice AG's Quick Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DLB Anlageservice AG's Quick Ratio distribution charts can be found below:

* The bar in red indicates where DLB Anlageservice AG's Quick Ratio falls into.

DLB Anlageservice AG 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.

DLB Anlageservice AG's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(2.505	-	0)	/	0.072
	=	34.79

DLB Anlageservice AG's Quick Ratio for the quarter that ended in Dec. 2022 is calculated as

Quick Ratio (Q: Dec. 2022 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(2.505	-	0)	/	0.072
	=	34.79

DLB Anlageservice AG (STU:DLB) 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.

DLB Anlageservice AG Quick Ratio Related Terms

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