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Big Cheese Studio (WAR:BCS) Quick Ratio : 11.68 (As of Sep. 2023)


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What is Big Cheese 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. Big Cheese Studio's quick ratio for the quarter that ended in Sep. 2023 was 11.68.

Big Cheese Studio has a quick ratio of 11.68. It generally indicates good short-term financial strength.

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

WAR:BCS' s Quick Ratio Range Over the Past 10 Years
Min: 1.95   Med: 18.44   Max: 58.46
Current: 11.68

During the past 6 years, Big Cheese Studio's highest Quick Ratio was 58.46. The lowest was 1.95. And the median was 18.44.

WAR:BCS's Quick Ratio is ranked better than
95.46% of 595 companies
in the Interactive Media industry
Industry Median: 1.91 vs WAR:BCS: 11.68

Big Cheese Studio Quick Ratio Historical Data

The historical data trend for Big Cheese 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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Big Cheese Studio Quick Ratio Chart

Big Cheese Studio Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial 30.75 58.46 56.42 18.39 15.87

Big Cheese Studio Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 16.83 15.87 18.48 1.95 11.68

Competitive Comparison of Big Cheese Studio's Quick Ratio

For the Electronic Gaming & Multimedia subindustry, Big Cheese 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.


Big Cheese Studio's Quick Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Big Cheese Studio's Quick Ratio distribution charts can be found below:

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



Big Cheese 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.

Big Cheese Studio'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
=(30.892-5.186)/1.62
=15.87

Big Cheese Studio's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(21.021-8.338)/1.086
=11.68

* 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.


Big Cheese Studio  (WAR:BCS) 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.


Big Cheese Studio Quick Ratio Related Terms

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Big Cheese Studio (WAR:BCS) Business Description

Traded in Other Exchanges
N/A
Address
Lakowa 7A, Building D, 206, Lodz, POL, 90-562
Big Cheese Studio SA is engaged in the production of cooking simulator games. Some of its games include Cooking Simulator Cakes and Cookies, Cooking Simulator Chaos Tools, Cooking Simulator Pizza, and Pizza Empire, among others.

Big Cheese Studio (WAR:BCS) Headlines

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