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Arbe Robotics (Arbe Robotics) Quick Ratio : 7.64 (As of Dec. 2023)


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What is Arbe Robotics 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. Arbe Robotics's quick ratio for the quarter that ended in Dec. 2023 was 7.64.

Arbe Robotics has a quick ratio of 7.64. It generally indicates good short-term financial strength.

The historical rank and industry rank for Arbe Robotics's Quick Ratio or its related term are showing as below:

ARBE' s Quick Ratio Range Over the Past 10 Years
Min: 0.76   Med: 6.19   Max: 7.64
Current: 7.64

During the past 5 years, Arbe Robotics's highest Quick Ratio was 7.64. The lowest was 0.76. And the median was 6.19.

ARBE's Quick Ratio is ranked better than
94.2% of 2830 companies
in the Software industry
Industry Median: 1.64 vs ARBE: 7.64

Arbe Robotics Quick Ratio Historical Data

The historical data trend for Arbe Robotics'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.

* Premium members only.

Arbe Robotics Quick Ratio Chart

Arbe Robotics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
- 0.76 6.74 5.63 7.64

Arbe Robotics Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 5.63 6.51 10.48 10.09 7.64

Competitive Comparison of Arbe Robotics's Quick Ratio

For the Software - Infrastructure subindustry, Arbe Robotics'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.


Arbe Robotics's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Arbe Robotics's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Arbe Robotics's Quick Ratio falls into.



Arbe Robotics 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.

Arbe Robotics's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(47.436-0)/6.211
=7.64

Arbe Robotics's Quick Ratio for the quarter that ended in Dec. 2023 is calculated as

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(47.436-0)/6.211
=7.64

* 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.


Arbe Robotics  (NAS:ARBE) 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.


Arbe Robotics Quick Ratio Related Terms

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Arbe Robotics (Arbe Robotics) Business Description

Traded in Other Exchanges
N/A
Address
107 HaHashmonaim Street, Yafo, Tel Aviv, ISR
Arbe Robotics Ltd is a provider of 4D Imaging Radar solutions enabling driver-assist systems while paving the way for fully autonomous driving. It is a research and development company in the field of chips for Advanced radar systems, which are mainly intended to be used as Advanced Driver Assistance Systems (ADAS) adapted for autonomous vehicles as well as for non-automotive uses. Its geographical segments include Sweden, China, Germany, USA, and others.