Craft Brew Alliance has a quick ratio of 0.90. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Craft Brew Alliance's Quick Ratio or its related term are showing as below:
BREW'
s Quick Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.9 Max: 5.66
Current: 0.9
During the past 13 years, Craft Brew Alliance's highest Quick Ratio was 5.66. The lowest was 0.51. And the median was 0.90.
BREW's Quick Ratio is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 0.95
vs BREW: 0.90
Craft Brew Alliance Quick Ratio Historical Data
The historical data trend for Craft Brew Alliance'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.
Competitive Comparison of Craft Brew Alliance's Quick Ratio
For the Beverages - Brewers subindustry, Craft Brew Alliance'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.
Craft Brew Alliance's Quick Ratio Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Craft Brew Alliance's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Craft Brew Alliance's Quick Ratio falls into.
Craft Brew Alliance 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.
Craft Brew Alliance's Quick Ratio for the fiscal year that ended in Dec. 2019 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.
Craft Brew Alliance (NAS:BREW) 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.
Craft Brew Alliance Quick Ratio Related Terms
Thank you for viewing the detailed overview of Craft Brew Alliance's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Craft Brew Alliance (Craft Brew Alliance) Business Description
Craft Brew Alliance Inc is a craft brewing company and a leader in brewing, and branding American craft beers. The company's brand portfolio consists of Redhook Brewery, Widmer Brothers Brewing, Kona Brewing Company, Omission Beer, Square Mile Cider Company, and Resignation Brewery. The crafts beers are brewed and packed in the location such as Portland, Oregon the Seattle suburb of Woodinville, Washington; Portsmouth, New Hampshire, and Kailua-Kona, Hawaii. Its segments are Beer Related operations and Brewpubs operations. The majority of the revenue is derived from brewing, and domestic and international sales, of craft beers and ciders.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BREW has been successfully added to your 