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Sinotrans Limited provides integrated logistics services primarily in the People’s Republic of China. The company operates through three segments: Agency and Related Business, Professional Logistics, ...
The following section summarizes insights on Sinotrans Limited's Quick Ratio:
We've identified the following companies as similar to Sinotrans Limited because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
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Metrics similar to Quick Ratio in the risk category include:
A ratio used to assess a company's short-term liquidity.
Quick Ratio or acid-test or liquidity ratio measures the ability of a company to use its near cash or quick assets to extinguish or retire its current liabilities immediately. Quick Ratio is defined as:
(Cash & ST Investments
(+) Accounts Receivable)
(/) Current Liabilities
(=) Quick Ratio
Quick Ratio for Sinotrans is calculated as follows:
(Cash & ST Investments [ 1.845 B ]
(+) Accounts Receivable [ 1.87 B ]
(/) Current Liabilities [ 3.689 B ]
(=) Quick Ratio [ 1.0x ]
The tables below summarizes the trend in Sinotrans’s quick ratio over the last five years:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2020-12-31 | 1.788 B | 1.785 B | 3.721 B | 1.0x |
| 2021-12-31 | 2.281 B | 2.312 B | 3.82 B | 1.2x |
| 2022-12-31 | 2.4 B | 2.028 B | 4.153 B | 1.1x |
| 2023-12-31 | 1.97 B | 1.819 B | 3.953 B | 1.0x |
| 2024-12-31 | 1.845 B | 1.87 B | 3.689 B | 1.0x |
The tables below summarizes the trend in Sinotrans’s quick ratio over the last four quarters:
| Fiscal Year | Cash & ST Investments | Accounts Receivable | Current Liabilities | Quick Ratio |
|---|---|---|---|---|
| 2024-03-31 | 1.505 B | 2.397 B | 4.242 B | 0.9x |
| 2024-06-30 | 1.233 B | 2.451 B | 4.152 B | 0.9x |
| 2024-09-30 | 1.705 B | 2.799 B | 4.579 B | 1.0x |
| 2024-12-31 | 1.845 B | 1.87 B | 3.689 B | 1.0x |
Read more on Wikipedia: Quick Ratio
The chart above depicts the distribution of quick ratio for companies operating in the Industrials sector in the Developing economic region. Over 3,670 companies were considered in this analysis, and 3,528 had meaningful values. The average quick ratio of companies in the sector is 1.6x with a standard deviation of 1.5x.
Sinotrans Limited's Quick Ratio of 1.0x ranks in the 44.4% percentile for the sector. The following table provides additional summary stats:
| Economic Risk Region | Developing |
| Total Constituents | 3,675 |
| Included Constituents | 3,528 |
| Min | 0.0x |
| Max | 11.0x |
| Median | 1.1x |
| Mean | 1.6x |
| Standard Deviation | 1.5x |
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