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Motos America (Motos America) Quick Ratio : 0.18 (As of Jul. 2022)


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What is Motos America 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. Motos America's quick ratio for the quarter that ended in Jul. 2022 was 0.18.

Motos America has a quick ratio of 0.18. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Motos America's Quick Ratio or its related term are showing as below:

MTAM's Quick Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.05
* Ranked among companies with meaningful Quick Ratio only.

Motos America Quick Ratio Historical Data

The historical data trend for Motos America'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.

Motos America Quick Ratio Chart

Motos America Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.05 - - 0.18

Motos America Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.13 1.00 2.26 0.18

Competitive Comparison of Motos America's Quick Ratio

For the Auto & Truck Dealerships subindustry, Motos America'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.


Motos America's Quick Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Motos America's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Motos America's Quick Ratio falls into.



Motos America 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.

Motos America's Quick Ratio for the fiscal year that ended in Jul. 2022 is calculated as

Quick Ratio (A: Jul. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5.583-4.229)/7.395
=0.18

Motos America's Quick Ratio for the quarter that ended in Jul. 2022 is calculated as

Quick Ratio (Q: Jul. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5.583-4.229)/7.395
=0.18

* 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.


Motos America  (OTCPK:MTAM) 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.


Motos America Quick Ratio Related Terms

Thank you for viewing the detailed overview of Motos America's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Motos America (Motos America) Business Description

Traded in Other Exchanges
N/A
Address
510 South 200 West, Suite 110, Salt Lake City, UT, USA, 84101
Motos America Inc purchases and operates Powersports dealerships, with an emphasis on European luxury motorcycle brands, including BMW Motorcycles, Triumph Motorcycles, and Ducati Motorcycles.
Executives
Mun Wai Wong director NO. 20 JALAN SS 15/5G, SUBANG JAYA, SELANGOR N8 47500
Chow Wing Loke officer: Chief Financial Officer NO. 6, JALAN KENANGA SD9/5J, BANDAR SRI DAMANSARA, KUALA LUMPUR N8 52200
Chee Keun Chim director 22A-3 JALAN METRO PUDU, OFF JALAN LOKE YEW, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Pui Hold Ho director 22A-3, JALAN METRO PUDU, OFF JALAN LOKE YEW, FRASER BUSINESS PARK, KUALA LUMPUR N8 55100
Kwueh Lin Wong director, 10 percent owner, officer: CFO and Secretary 22A-3, JALAN METRO PUDU, JALAN LOKE YEW, FRASIER BUSINESS PARK, KUALA LUMPUR N8 55100
Shiong Han Wee director, 10 percent owner, officer: CEO and President 22A-3, JALAN METRO PUDU, JALAN LOKE YEW, FRASIER BUSINESS PARK, KUALA LUMPUR N8 55100
Alexander Langer director 1405 MAHON AVENUE, NORTH VANCOUVER A1 V7M 2S3
William Lorne Mccullagh director 4514 - 248 STREET, #2, ALDERGROVE A1 V4W 1B6
Kerry J. Mccullagh director, 10 percent owner, officer: President, CEO & CFO SUITE 206 - 475 HOWE STREET, VANCOUVER A1 V6C 2B3

Motos America (Motos America) Headlines

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