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MacReport net (MacReport net) Quick Ratio : 0.00 (As of Feb. 2024)


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What is MacReport net 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. MacReport net's quick ratio for the quarter that ended in Feb. 2024 was 0.00.

MacReport net 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 MacReport net's Quick Ratio or its related term are showing as below:

MRPT' s Quick Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.4
Current: 0.4

During the past 4 years, MacReport net's highest Quick Ratio was 0.40. The lowest was 0.00. And the median was 0.00.

MRPT's Quick Ratio is ranked worse than
89.7% of 592 companies
in the Interactive Media industry
Industry Median: 1.895 vs MRPT: 0.40

MacReport net Quick Ratio Historical Data

The historical data trend for MacReport net'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.

MacReport net Quick Ratio Chart

MacReport net Annual Data
Trend Nov02 Nov03 Nov04 Nov05
Quick Ratio
0.10 0.02 1.05 0.40

MacReport net Quarterly Data
Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Feb23 Feb24
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 0.40 0.28 0.20 - -

Competitive Comparison of MacReport net's Quick Ratio

For the Internet Content & Information subindustry, MacReport net'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.


MacReport net's Quick Ratio Distribution in the Interactive Media Industry

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

* The bar in red indicates where MacReport net's Quick Ratio falls into.



MacReport net 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.

MacReport net's Quick Ratio for the fiscal year that ended in Nov. 2005 is calculated as

Quick Ratio (A: Nov. 2005 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.745-0)/1.86
=0.40

MacReport net's Quick Ratio for the quarter that ended in Feb. 2024 is calculated as

Quick Ratio (Q: Feb. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.018
=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.


MacReport net  (OTCPK:MRPT) 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.


MacReport net Quick Ratio Related Terms

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MacReport net (MacReport net) Business Description

Traded in Other Exchanges
N/A
Address
88 Main Street, PO Box 331, Cortland, NY, USA, 13045
MacReport net Inc is an internet information and media company formed to allow publicly and privately held companies to communicate relevant corporate information directly with the investing public. The business activity is carried out through the use of a website that provides the user with key information via management interviews, press releases, and other information.

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