LUKEF (Real Luck Group) Current Ratio: 0.21 (As of Sep. 2023)

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What is Real Luck Group Current Ratio?

Real Luck Group LUKEF -90.00% Current Ratio is 0.21 as of Sep. 2023.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Real Luck Group's current ratio for the quarter that ended in Sep. 2023 was 0.21.

Real Luck Group has a current ratio of 0.21. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Real Luck Group has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Real Luck Group's Current Ratio or its related term are showing as below:

LUKEF's Current Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.385
* Ranked among companies with meaningful Current Ratio only.

Real Luck Group  (OTCPK:LUKEF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Real Luck Group Current Ratio Related Terms


Real Luck Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Real Luck Group's Current 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.

Real Luck Group Current Ratio Chart

Real Luck Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Current Ratio
0.61 3.93 14.37 6.27

Real Luck Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Current 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 18.58 18.04 6.27 1.65 0.21

LUKEF vs DKNG, CHDN, LNW: Current Ratio Comparison

For the Gambling subindustry, Real Luck Group's Current Ratio, along with its competitors' market caps and Current 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.


Real Luck Group Current Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Real Luck Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Real Luck Group's Current Ratio falls into.



Real Luck Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Real Luck Group's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=5.009/0.799
=6.27

Real Luck Group's Current Ratio for the quarter that ended in Sep. 2023 is calculated as

Current Ratio (Q: Sep. 2023 )=Total Current Assets (Q: Sep. 2023 )/Total Current Liabilities (Q: Sep. 2023 )
=0.518/2.416
=0.21

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.21 mean?
Real Luck Group (LUKEF) has a Current Ratio of 0.21 as of Sep. 2023.
Is Real Luck Group's Current Ratio too high?
Real Luck Group's current Current Ratio is 0.21. The Travel & Leisure industry median Current Ratio is 1.39. Real Luck Group's value of 0.21 is 84.8% below this industry median.
How does Real Luck Group's Current Ratio compare to DKNG and CHDN?
Real Luck Group's Current Ratio of 0.21 can be compared against companies in the Travel & Leisure industry. The industry median Current Ratio is 1.39. Real Luck Group's value of 0.21 is 84.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Travel & Leisure company?
The median Current Ratio among Travel & Leisure companies is 1.39, based on 856 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Real Luck Group's current Current Ratio of 0.21 is 84.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median Current Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Luck Group's current Current Ratio is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Luck Group stock overvalued right now?
Real Luck Group (LUKEF) has a current Current Ratio of 0.21. The current Current Ratio is 0.21 and 84.8% below the Travel & Leisure industry median of 1.39. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Real Luck Group (LUKEF), the current Current Ratio is 0.21 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Real Luck Group Business Description

Address 350 7th Avenue SW, Suite 3400, Calgary, AB, CAN, T2P 3N9
Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.