ACTL (Artec Global Media) Quick Ratio: 0.00 (As of Apr. 2016)


What is Artec Global Media Quick Ratio?

Artec Global Media ACTL -98.00% Quick Ratio is 0.00 as of Apr. 2016.

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. Artec Global Media's quick ratio for the quarter that ended in Apr. 2016 was 0.00.

Artec Global Media has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Artec Global Media's Quick Ratio or its related term are showing as below:

ACTL's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.45
* Ranked among companies with meaningful Quick Ratio only.

Artec Global Media  (OTCPK:ACTL) 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.

Artec Global Media Quick Ratio Related Terms

Artec Global Media Quick Ratio Historical Data

* Premium members only.

The historical data trend for Artec Global Media'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.

Artec Global Media Quick Ratio Chart

Artec Global Media Annual Data
Trend Jan13 Jan14 Jan15 Jan16
Quick Ratio
0.00 23.00 0.64 0.03

Artec Global Media Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
Quick 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 0.19 0.05 0.04 0.03 0.00

ACTL vs BCYP, MBIOF, LOGX: Quick Ratio Comparison

For the Advertising Agencies subindustry, Artec Global Media'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.

Artec Global Media Quick Ratio vs Media - Diversified Industry

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

* The bar in red indicates where Artec Global Media's Quick Ratio falls into.


Artec Global Media 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.

Artec Global Media's Quick Ratio for the fiscal year that ended in Jan. 2016 is calculated as

Quick Ratio (A: Jan. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.029-0)/1.108
=0.03

Artec Global Media's Quick Ratio for the quarter that ended in Apr. 2016 is calculated as

Quick Ratio (Q: Apr. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.018-0)/3.811
=0.00

* 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 Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Artec Global Media (ACTL) has a Quick Ratio of 0.00 as of Apr. 2016. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Artec Global Media and its competitors.
Is Artec Global Media's Quick Ratio too high?
Artec Global Media's current Quick Ratio is 0.00.
How does Artec Global Media's Quick Ratio compare to BCYP and MBIOF?
Artec Global Media's Quick Ratio of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.45, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Artec Global Media and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artec Global Media's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artec Global Media stock overvalued right now?
Artec Global Media (ACTL) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Artec Global Media (ACTL), the current Quick Ratio is 0.00 as of Apr. 2016. 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.

Artec Global Media Business Description

Address 1000 East William Street, Suite 204, Carson City, NV, USA, 89701
Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.