Endeavor Group Holdings (Endeavor Group Holdings) Quick Ratio

: 1.24 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

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. Endeavor Group Holdings's quick ratio for the quarter that ended in Dec. 2023 was 1.24.

Endeavor Group Holdings has a quick ratio of 1.24. It generally indicates good short-term financial strength.

The historical rank and industry rank for Endeavor Group Holdings's Quick Ratio or its related term are showing as below:

EDR' s Quick Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.12 Max: 1.39
Current: 1.24

During the past 8 years, Endeavor Group Holdings's highest Quick Ratio was 1.39. The lowest was 1.03. And the median was 1.12.

EDR's Quick Ratio is ranked worse than
57.77% of 1056 companies
in the Media - Diversified industry
Industry Median: 1.46 vs EDR: 1.24

Endeavor Group Holdings Quick Ratio Historical Data

The historical data trend for Endeavor Group Holdings'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.

Endeavor Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Quick Ratio

Get a 7-Day Free Trial

1.12

1.03

1.39

1.05

1.24

Endeavor Group Holdings Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Quick Ratio	Get a 7-Day Free Trial															1.05	1.00	1.37	1.26	1.24

Competitive Comparison

For the Entertainment subindustry, Endeavor Group Holdings'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.

Endeavor Group Holdings Quick Ratio Distribution

For the Media - Diversified industry and Communication Services sector, Endeavor Group Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Endeavor Group Holdings's Quick Ratio falls into.

Endeavor Group Holdings 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.

Endeavor Group Holdings's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(3464.547	-	0)	/	2796.945
	=	1.24

Endeavor Group Holdings's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(3464.547	-	0)	/	2796.945
	=	1.24

Endeavor Group Holdings (NYSE:EDR) 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.

Endeavor Group Holdings Quick Ratio Related Terms

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

Endeavor Group Holdings (Endeavor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Endeavor Group Holdings Inc (NYSE:EDR) » Definitions » Quick Ratio

Comparable Companies

Traded in Other Exchanges

EDR:Mexico

Address

9601 Wilshire Boulevard, 3rd Floor, Beverly Hills, CA, USA, 90210

Website

https://www.endeavorco.com

Endeavor Group Holdings Inc is an entertainment, sports and content company. It offers services through its integrated capabilities of talent representation, content development, content distribution and sales, event management, marketing and licensing, and direct-to-consumer offerings. It operates its business in three segments: Owned Sports Properties; Events, Experiences & Rights; and Representation.

Executives

William K. Fullerton	officer: Global Controller and CAO	C/O ENDEARVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Seth D Krauss	officer: Chief Legal Officer	C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 222 BROADWAY, NEW YORK NY 10012
Jason Lublin	officer: Chief Financial Officer	C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Mark S Shapiro	officer: President	C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Ariel Emanuel	director, 10 percent owner, officer: Chief Executive Officer	C/O SOURCE INTERLINK COMPANIES, INC., 27500 RIVERVIEW CENTER BLVD, SUITE 400, BONITA SPRINGS FL 34134
Patrick Whitesell	director, 10 percent owner, officer: Executive Chairman	11601 WILSHIRE BOULEVARD, SUITE 1600, LOS ANGELES CA 90025
Christian Muirhead	officer: Chief Communications Officer	C/O ENDEAVOR GROUP HOLDINGS, INC., 9601 WILSHIRE BOULEVARD, 3RD FLOOR, BEVERLY HILLS CA 90210
Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Silver Lake West Voteco, L.l.c.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake West Holdco Ii, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Ursula M Burns	director	200 SE MIZNER BLVD, UNIT 703, BOCA RATON FL 33432
Kerry D Chandler	officer: Chief Human Resources Officer	1020 HULL STREET, BALTIMORE MD 21230
Silver Lake Technology Investors Iv (delaware Ii), L.p.	director, 10 percent owner	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Technology Associates Vi, L.p.	director, 10 percent owner	C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025