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IMW Immobilien SE (STU:GARY) Quick Ratio : 5.31 (As of Mar. 2015)


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What is IMW Immobilien SE 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. IMW Immobilien SE's quick ratio for the quarter that ended in Mar. 2015 was 5.31.

IMW Immobilien SE has a quick ratio of 5.31. It generally indicates good short-term financial strength.

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

STU:GARY' s Quick Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.96   Max: 5.31
Current: 5.31

During the past 12 years, IMW Immobilien SE's highest Quick Ratio was 5.31. The lowest was 0.10. And the median was 0.96.

STU:GARY's Quick Ratio is not ranked
in the Real Estate industry.
Industry Median: 0.81 vs STU:GARY: 5.31

IMW Immobilien SE Quick Ratio Historical Data

The historical data trend for IMW Immobilien SE'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.

IMW Immobilien SE Quick Ratio Chart

IMW Immobilien SE Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 2.14 1.68 0.47 5.31

IMW Immobilien SE Semi-Annual Data
Mar04 Mar07 Mar08 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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 1.68 0.14 0.47 3.78 5.31

Competitive Comparison of IMW Immobilien SE's Quick Ratio

For the Real Estate - Development subindustry, IMW Immobilien SE'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.


IMW Immobilien SE's Quick Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IMW Immobilien SE's Quick Ratio distribution charts can be found below:

* The bar in red indicates where IMW Immobilien SE's Quick Ratio falls into.



IMW Immobilien SE 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.

IMW Immobilien SE's Quick Ratio for the fiscal year that ended in Mar. 2015 is calculated as

Quick Ratio (A: Mar. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(48.913-3.018)/8.646
=5.31

IMW Immobilien SE's Quick Ratio for the quarter that ended in Mar. 2015 is calculated as

Quick Ratio (Q: Mar. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(48.913-3.018)/8.646
=5.31

* 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.


IMW Immobilien SE  (STU:GARY) 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.


IMW Immobilien SE Quick Ratio Related Terms

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IMW Immobilien SE (STU:GARY) Business Description

Traded in Other Exchanges
N/A
Address
IMW Immobilien SE purchases, manages and sells real estate properties. The Company leases out commercial properties such as office buildings.

IMW Immobilien SE (STU:GARY) Headlines

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