AKA (a.k.a. Brands Holding) Quick Ratio : 0.51 (As of Dec. 2024)

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What is a.k.a. Brands Holding Quick Ratio?

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. a.k.a. Brands Holding's quick ratio for the quarter that ended in Dec. 2024 was 0.51.

a.k.a. Brands Holding has a quick ratio of 0.51. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for a.k.a. Brands Holding's Quick Ratio or its related term are showing as below:

AKA' s Quick Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.58 Max: 0.8
Current: 0.51

During the past 6 years, a.k.a. Brands Holding's highest Quick Ratio was 0.80. The lowest was 0.40. And the median was 0.58.

AKA's Quick Ratio is ranked worse than
71.23% of 1126 companies
in the Retail - Cyclical industry
Industry Median: 0.86 vs AKA: 0.51

a.k.a. Brands Holding Quick Ratio Historical Data

The historical data trend for a.k.a. Brands Holding'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.

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a.k.a. Brands Holding Quick Ratio Chart

a.k.a. Brands Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Quick Ratio

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0.78

0.63

0.80

0.52

0.51

a.k.a. Brands Holding Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Quick Ratio	Get a 7-Day Free Trial															0.52	0.51	0.48	0.51	0.51

Competitive Comparison of a.k.a. Brands Holding's Quick Ratio

For the Apparel Retail subindustry, a.k.a. Brands Holding'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.

a.k.a. Brands Holding's Quick Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, a.k.a. Brands Holding's Quick Ratio distribution charts can be found below:

* The bar in red indicates where a.k.a. Brands Holding's Quick Ratio falls into.

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a.k.a. Brands Holding 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.

a.k.a. Brands Holding's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(144.769	-	95.75)	/	97.038
	=	0.51

a.k.a. Brands Holding's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(144.769	-	95.75)	/	97.038
	=	0.51

a.k.a. Brands Holding (NYSE:AKA) 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.

a.k.a. Brands Holding Quick Ratio Related Terms

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a.k.a. Brands Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » a.k.a. Brands Holding Corp (NYSE:AKA) » Definitions » Quick Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Montgomery Street, Suite 2270, San Francisco, CA, USA, 94104

Website

https://www.aka-brands.com

a.k.a. Brands Holding Corp is an online fashion retailer focused on acquiring and accelerating the growth of next-generation, digitally native fashion brands targeting Gen Z and Millennial customers. The brands of the company are two women's brands, Princess Polly and Petal & Pup, and two streetwear brands, Culture Kings and mnml. The company derives maximum revenue from Australia/New Zealand.

Executives

Ciaran Joseph Long	officer: Chief Financial Officer	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Myles B Mccormick	director	C/O BARE ESCENTUALS, INC., 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Sourav Ghosh	director	6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Jill Elizabeth Ramsey	director, officer: Chief Executive Officer	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Ilene Eskenazi	director	10850 VIA FRONTERA, SAN DIEGO CA 92127
Simon Andrew Beard	director, 10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Beard Trading Pty Ltd.	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Jonathan Edward Harvey	officer: See Remarks	C/O A.K.A. BRANDS HOLDING CORP, 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
John Robert Gonneville	officer: See Remarks	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Bryett Enterprises Pty Ltd.	10 percent owner	5 SHORT ST., BURLEIGH HEADS C3 4220
Michael Frank Trembley	officer: See remarks	C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Tah Nee Aleman Family Trust	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tah-nee Beard	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tf Apparel Discretionary Trust	10 percent owner	1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Summit Partners Growth Equity Fund Ix-a Aiv, L.p.	10 percent owner	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116