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That Marketing Solution (That Marketing Solution) Quick Ratio : 0.00 (As of Nov. 2015)


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What is That Marketing Solution 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. That Marketing Solution's quick ratio for the quarter that ended in Nov. 2015 was 0.00.

That Marketing Solution 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 That Marketing Solution's Quick Ratio or its related term are showing as below:

TSTS's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.05
* Ranked among companies with meaningful Quick Ratio only.

That Marketing Solution Quick Ratio Historical Data

The historical data trend for That Marketing Solution'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.

That Marketing Solution Quick Ratio Chart

That Marketing Solution Annual Data
Trend Aug12 Aug13 Aug14 Aug15
Quick Ratio
- 4.50 0.08 0.03

That Marketing Solution Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.04 0.03 -

Competitive Comparison of That Marketing Solution's Quick Ratio

For the Household & Personal Products subindustry, That Marketing Solution'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.


That Marketing Solution's Quick Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, That Marketing Solution's Quick Ratio distribution charts can be found below:

* The bar in red indicates where That Marketing Solution's Quick Ratio falls into.



That Marketing Solution 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.

That Marketing Solution's Quick Ratio for the fiscal year that ended in Aug. 2015 is calculated as

Quick Ratio (A: Aug. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.119-0.099)/0.778
=0.03

That Marketing Solution's Quick Ratio for the quarter that ended in Nov. 2015 is calculated as

Quick Ratio (Q: Nov. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.098-0.095)/2.663
=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.


That Marketing Solution  (GREY:TSTS) 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.


That Marketing Solution Quick Ratio Related Terms

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That Marketing Solution (That Marketing Solution) Business Description

Traded in Other Exchanges
N/A
Address
4535 South 2300 East, Suite B, Salt Lake City, UT, USA, 84117
That Marketing Solution Inc is engaged in the development, manufacturing, sales, marketing and advertising of nutritional products. Its products include Bulbine Natalensis, Nettle Root, DHEA, Vitamin B5 and Basella Alba. The company is working to monetize a specific Micellization Manufacturing Process which converts oil-based nutrients into water-soluble products for better absorption by the cells.

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