The Movie Studio (The Movie Studio) Quick Ratio : 0.01 (As of Jun. 2023)

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What is The Movie Studio 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. The Movie Studio's quick ratio for the quarter that ended in Jun. 2023 was 0.01.

The Movie Studio has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

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

MVES' s Quick Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.33 Max: 1.16
Current: 0.01

During the past 13 years, The Movie Studio's highest Quick Ratio was 1.16. The lowest was 0.01. And the median was 0.33.

MVES's Quick Ratio is ranked worse than
99.62% of 1058 companies
in the Media - Diversified industry
Industry Median: 1.46 vs MVES: 0.01

The Movie Studio Quick Ratio Historical Data

The historical data trend for The Movie Studio'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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The Movie Studio Quick Ratio Chart

The Movie Studio Annual Data

Trend

Oct09

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Jun22

Jun23

Quick Ratio

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0.33

1.16

0.01

The Movie Studio Semi-Annual Data
	Oct00	Oct01	Oct02	Oct03	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13	Oct14	Oct15	Oct16	Jun22	Jun23
Quick Ratio	Get a 7-Day Free Trial														-	0.33	1.16	-	0.01

Competitive Comparison of The Movie Studio's Quick Ratio

For the Entertainment subindustry, The Movie Studio'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.

The Movie Studio's Quick Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Movie Studio's Quick Ratio distribution charts can be found below:

* The bar in red indicates where The Movie Studio's Quick Ratio falls into.

The Movie Studio 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.

The Movie Studio's Quick Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Quick Ratio (A: Jun. 2023 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(0.015	-	0)	/	1.492
	=	0.01

The Movie Studio's Quick Ratio for the quarter that ended in Jun. 2023 is calculated as

Quick Ratio (Q: Jun. 2023 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(0.015	-	0)	/	1.492
	=	0.01

The Movie Studio (OTCPK:MVES) 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.

The Movie Studio Quick Ratio Related Terms

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The Movie Studio (The Movie Studio) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Movie Studio Inc (OTCPK:MVES) » Definitions » Quick Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 Tower S.E. 6th Street, Suite 1700, Fort Lauderdale, FL, USA, 33301

Website

https://www.themoviestudio.com

The Movie Studio Inc is a vertically integrated media and motion picture production and distribution company. The company is the premier full production movie studio in Miami, Florida area. It develops, manufactures and distributes independent motion picture content for the global audience on a multitude of devices. The company distributes its films through its subsidiary and network of theaters.

Executives

Gordon Scott Venters	director, 10 percent owner, officer: President
Todd W Nugent	director	23190 COCONUT SHORES DRIVE, BONITA SPRINGS FL 34134
Harold K Terry	10 percent owner