ASCC (Aristocrat Group) Quick Ratio: 0.05 (As of Apr. 2016)


What is Aristocrat Group Quick Ratio?

Aristocrat Group ASCC +5.15% Quick Ratio is 0.05 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. Aristocrat Group's quick ratio for the quarter that ended in Apr. 2016 was 0.05.

Aristocrat Group has a quick ratio of 0.05. It indicates that the company cannot currently fully pay back its current liabilities.

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

ASCC's Quick Ratio is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 0.905
* Ranked among companies with meaningful Quick Ratio only.

Aristocrat Group  (OTCPK:ASCC) 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.


Aristocrat Group Quick Ratio Related Terms


Aristocrat Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Aristocrat Group'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.

Aristocrat Group Quick Ratio Chart

Aristocrat Group Annual Data
Trend Jul12 Jul13 Jul14 Jul15
Quick Ratio
0.11 0.47 0.25 0.08

Aristocrat Group Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.08 0.07 0.05 0.05

ASCC vs CMHZ, THST, ICNB: Quick Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Aristocrat Group'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.


Aristocrat Group Quick Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Aristocrat Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Aristocrat Group's Quick Ratio falls into.



Aristocrat Group 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.

Aristocrat Group's Quick Ratio for the fiscal year that ended in Jul. 2015 is calculated as

Quick Ratio (A: Jul. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.063-0.01)/0.706
=0.08

Aristocrat Group'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
=(0.092-0.009)/1.54
=0.05

* 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 0.05 mean?
Aristocrat Group (ASCC) has a Quick Ratio of 0.05 as of Apr. 2016. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Aristocrat Group and its competitors.
Is Aristocrat Group's Quick Ratio too high?
Aristocrat Group's current Quick Ratio is 0.05. The Beverages - Alcoholic industry median Quick Ratio is 0.91. Aristocrat Group's value of 0.05 is 94.5% below this industry median.
How does Aristocrat Group's Quick Ratio compare to CMHZ and THST?
Aristocrat Group's Quick Ratio of 0.05 can be compared against companies in the Beverages - Alcoholic industry. The industry median Quick Ratio is 0.91. Aristocrat Group's value of 0.05 is 94.5% 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 Quick Ratio for a Beverages - Alcoholic company?
The median Quick Ratio among Beverages - Alcoholic companies is 0.91, based on 214 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. Aristocrat Group's current Quick Ratio of 0.05 is 94.5% 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 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 Aristocrat Group and its competitors. For the Beverages - Alcoholic industry, the median Quick Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aristocrat Group's current Quick Ratio is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aristocrat Group stock overvalued right now?
Aristocrat Group (ASCC) has a current Quick Ratio of 0.05. The current Quick Ratio is 0.05 and 94.5% below the Beverages - Alcoholic industry median of 0.91. 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 Aristocrat Group (ASCC), the current Quick Ratio is 0.05 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.

Aristocrat Group Business Description

Address 4701 Pine Circle Drive, Bellaire, TX, USA, 77401
Aristocrat Group Corp is a United States based company engaged in the distilled spirits industry. It is engaged in the business of brand management and development in the beverage and lifestyle space, with a focus on alcoholic beverage brands in the U.S. The company's principal beverage products-Merica Beer and RWB Vodka, which are manufactured and packaged through third-party partners. Its core operations encompass licensing agreements (manufacture, marketing and distribution), brand development and visual identity, retail and e-commerce distribution, and product innovation/portfolio expansion.