GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Viabuilt Ventures Inc (OTCPK:VBVT) » Definitions » Quick Ratio

VBVT (Viabuilt Ventures) Quick Ratio : 0.00 (As of Sep. 2019)


View and export this data going back to 2013. Start your Free Trial

What is Viabuilt Ventures 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. Viabuilt Ventures's quick ratio for the quarter that ended in Sep. 2019 was 0.00.

Viabuilt Ventures has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

VBVT's Quick Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 1.155
* Ranked among companies with meaningful Quick Ratio only.

Viabuilt Ventures Quick Ratio Historical Data

The historical data trend for Viabuilt Ventures'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.

Viabuilt Ventures Quick Ratio Chart

Viabuilt Ventures Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Quick Ratio
Get a 7-Day Free Trial 0.31 0.29 0.03 - -

Viabuilt Ventures Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - - -

Competitive Comparison of Viabuilt Ventures's Quick Ratio

For the Conglomerates subindustry, Viabuilt Ventures'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.


Viabuilt Ventures's Quick Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Viabuilt Ventures's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Viabuilt Ventures's Quick Ratio falls into.



Viabuilt Ventures 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.

Viabuilt Ventures's Quick Ratio for the fiscal year that ended in Mar. 2019 is calculated as

Quick Ratio (A: Mar. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.081
=0.00

Viabuilt Ventures's Quick Ratio for the quarter that ended in Sep. 2019 is calculated as

Quick Ratio (Q: Sep. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.126
=0.00

* 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.


Viabuilt Ventures  (OTCPK:VBVT) 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.


Viabuilt Ventures Quick Ratio Related Terms

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


Viabuilt Ventures Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, Suite 600, West Palm Beach, FL, USA, 33401
Viabuilt Ventures Inc, through its subsidiary, is producing luxury hand-crafted fire pit tables and other outdoor furniture products. It has established an extensive distribution network of Brick & Mortar retail stores and luxury online retail locations.

Viabuilt Ventures Headlines

No Headlines