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. Maverick Lifestyle's current ratio for the quarter that ended in Sep. 2024 was 2.68.
Maverick Lifestyle has a current ratio of 2.68. It generally indicates good short-term financial strength.
The historical rank and industry rank for Maverick Lifestyle's Current Ratio or its related term are showing as below:
MVRK's Current Ratio is not ranked *
in the Tobacco Products industry.
Industry Median: 1.68 * Ranked among companies with meaningful Current Ratio only.
Maverick Lifestyle (NAS:MVRK) 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.
Maverick Lifestyle Current Ratio Related Terms
Maverick Lifestyle Current Ratio Historical Data
* Premium members only.
The historical data trend for Maverick Lifestyle'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.
For the Tobacco subindustry, Maverick Lifestyle'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.
Maverick Lifestyle Current Ratio vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Maverick Lifestyle's Current Ratio distribution charts can be found below:
* The bar in red indicates where Maverick Lifestyle's Current Ratio falls into.
* 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.
Maverick Lifestyle (MVRK) has a Current Ratio of 2.68 as of Sep. 2024.
Is Maverick Lifestyle's Current Ratio too high?
Maverick Lifestyle's current Current Ratio is 2.68. The Tobacco Products industry median Current Ratio is 1.68. Maverick Lifestyle's value of 2.68 is 59.5% above this industry median.
How does Maverick Lifestyle's Current Ratio compare to ?
Maverick Lifestyle's Current Ratio of 2.68 can be compared against companies in the Tobacco Products industry. The industry median Current Ratio is 1.68. Maverick Lifestyle's value of 2.68 is 59.5% above 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 Tobacco Products company?
The median Current Ratio among Tobacco Products companies is 1.68, based on 49 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. Maverick Lifestyle's current Current Ratio of 2.68 is 59.5% above 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 Tobacco Products industry, the median Current Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maverick Lifestyle's current Current Ratio is 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Current Ratio of 2.68. The current Current Ratio is 2.68 and 59.5% above the Tobacco Products industry median of 1.68. 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 Maverick Lifestyle (MVRK), the current Current Ratio is 2.68 as of Sep. 2024. 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.
Address7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.
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