GURUFOCUS.COM » STOCK LIST » Technology » Software » Hubb Ventures Inc (OTCPK:HUBV) » Definitions » Quick Ratio

Hubb Ventures (Hubb Ventures) Quick Ratio : 0.00 (As of . 20)


View and export this data going back to 2005. Start your Free Trial

What is Hubb 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. Hubb Ventures's quick ratio for the quarter that ended in . 20 was 0.00.

Hubb 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 Hubb Ventures's Quick Ratio or its related term are showing as below:

HUBV's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.655
* Ranked among companies with meaningful Quick Ratio only.

Hubb Ventures Quick Ratio Historical Data

The historical data trend for Hubb 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.

Hubb Ventures Quick Ratio Chart

Hubb Ventures Annual Data
Trend
Quick Ratio

Hubb Ventures Quarterly Data
Quick Ratio

Competitive Comparison of Hubb Ventures's Quick Ratio

For the Information Technology Services subindustry, Hubb 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.


Hubb Ventures's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Hubb Ventures's Quick Ratio distribution charts can be found below:

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



Hubb 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.

Hubb Ventures's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Hubb Ventures's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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.


Hubb Ventures  (OTCPK:HUBV) 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.


Hubb Ventures Quick Ratio Related Terms

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


Hubb Ventures (Hubb Ventures) Business Description

Traded in Other Exchanges
N/A
Address
7116 SW 47th Street, Miami, FL, USA, 33150
Hubb Ventures Inc is Business Optimization Software Solution company. Its Services and Products include BOSS Customer Management, BOSS Phones, BOSS Marketing, BOSS Service, BOSS POS, and Hosting & Domains. It company along with its subsidiaries is also engaged in the Implementation of Agricultural Models and products, manufacturing, and marketing of Cannabidiol products, website development, digital marketing, advertising, custom software, and E-learning.

Hubb Ventures (Hubb Ventures) Headlines

No Headlines