RLND (RoyaLand Co) Current Ratio: 0.66 (As of Dec. 2022)

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What is RoyaLand Co Current Ratio?

RoyaLand Co RLND Current Ratio is 0.66 as of Dec. 2022.

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. RoyaLand Co's current ratio for the quarter that ended in Dec. 2022 was 0.66.

RoyaLand Co has a current ratio of 0.66. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If RoyaLand Co 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 RoyaLand Co's Current Ratio or its related term are showing as below:

RLND's Current Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 2.16
* Ranked among companies with meaningful Current Ratio only.

RoyaLand Co  (NAS:RLND) 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.


RoyaLand Co Current Ratio Related Terms


RoyaLand Co Current Ratio Historical Data

* Premium members only.

The historical data trend for RoyaLand Co'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.

RoyaLand Co Current Ratio Chart

RoyaLand Co Annual Data
Trend Jun22
Current Ratio
4.18

RoyaLand Co Quarterly Data
Dec21 Jun22 Dec22
Current Ratio 0.00 4.18 0.66

RLND vs : Current Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, RoyaLand Co'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.


RoyaLand Co Current Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, RoyaLand Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where RoyaLand Co's Current Ratio falls into.



RoyaLand Co 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.

RoyaLand Co's Current Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Current Ratio (A: Jun. 2022 )=Total Current Assets (A: Jun. 2022 )/Total Current Liabilities (A: Jun. 2022 )
=0.071/0.017
=4.18

RoyaLand Co's Current Ratio for the quarter that ended in Dec. 2022 is calculated as

Current Ratio (Q: Dec. 2022 )=Total Current Assets (Q: Dec. 2022 )/Total Current Liabilities (Q: Dec. 2022 )
=0.109/0.166
=0.66

* 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 0.66 mean?
RoyaLand Co (RLND) has a Current Ratio of 0.66 as of Dec. 2022.
Is RoyaLand Co's Current Ratio too high?
RoyaLand Co's current Current Ratio is 0.66. The Interactive Media industry median Current Ratio is 2.16. RoyaLand Co's value of 0.66 is 69.4% below this industry median.
How does RoyaLand Co's Current Ratio compare to ?
RoyaLand Co's Current Ratio of 0.66 can be compared against companies in the Interactive Media industry. The industry median Current Ratio is 2.16. RoyaLand Co's value of 0.66 is 69.4% 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 an Interactive Media company?
The median Current Ratio among Interactive Media companies is 2.16, based on 561 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. RoyaLand Co's current Current Ratio of 0.66 is 69.4% 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 Interactive Media industry, the median Current Ratio is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RoyaLand Co's current Current Ratio is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RoyaLand Co stock overvalued right now?
RoyaLand Co (RLND) has a current Current Ratio of 0.66. The current Current Ratio is 0.66 and 69.4% below the Interactive Media industry median of 2.16. 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 RoyaLand Co (RLND), the current Current Ratio is 0.66 as of Dec. 2022. 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.

RoyaLand Co Business Description

Comparable Companies
Address 2 Church Street, Clarendon House, Pembroke, Hamilton, BMU, HM11
RoyaLand Co Ltd is a Bermuda holding company focused on creating an online and offline immersive, fantasy-based royalty-themed experience called myRoyal.World, primarily centered around a mobile-first massively multiplayer online role-playing game, or MMORPG, called TheRoyal.Land. It is actively focused on developing a novel, interactive and immersive game based on a player-empowered design. The company plans to build proprietary digital avatars and provide opportunities to players to earn in-game reward currency, build virtual land, and own their online assets while enhancing all of these features with premium incremental in-game content.