ATIW (ATI Networks) Quick Ratio: 0.07 (As of Sep. 2000)


What is ATI Networks Quick Ratio?

ATI Networks ATIW Quick Ratio is 0.07 as of Sep. 2000.

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. ATI Networks's quick ratio for the quarter that ended in Sep. 2000 was 0.07.

ATI Networks has a quick ratio of 0.07. It indicates that the company cannot currently fully pay back its current liabilities.

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

ATIW's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.7
* Ranked among companies with meaningful Quick Ratio only.

ATI Networks  (OTCPK:ATIW) 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.

ATI Networks Quick Ratio Related Terms

ATI Networks Quick Ratio Historical Data

* Premium members only.

The historical data trend for ATI Networks'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.

ATI Networks Quick Ratio Chart

ATI Networks Annual Data
Trend Dec99
Quick Ratio
0.03

ATI Networks Quarterly Data
Dec99 Mar00 Jun00 Sep00
Quick Ratio 0.03 0.09 45.14 0.07

ATIW vs RMDM, BVTK, LAAB: Quick Ratio Comparison

For the Software - Application subindustry, ATI Networks'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.

ATI Networks Quick Ratio vs Software Industry

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

* The bar in red indicates where ATI Networks's Quick Ratio falls into.


ATI Networks 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.

ATI Networks's Quick Ratio for the fiscal year that ended in Dec. 2099 is calculated as

Quick Ratio (A: Dec. 2099 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.017-0.001)/0.486
=0.03

ATI Networks's Quick Ratio for the quarter that ended in Sep. 2000 is calculated as

Quick Ratio (Q: Sep. 2000 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.023-0.001)/0.311
=0.07

* 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 0.07 mean?
ATI Networks (ATIW) has a Quick Ratio of 0.07 as of Sep. 2000. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ATI Networks and its competitors.
Is ATI Networks' Quick Ratio too high?
ATI Networks' current Quick Ratio is 0.07. The Software industry median Quick Ratio is 1.70. ATI Networks' value of 0.07 is 95.9% below this industry median.
How does ATI Networks' Quick Ratio compare to RMDM and BVTK?
ATI Networks' Quick Ratio of 0.07 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. ATI Networks' value of 0.07 is 95.9% 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. ATI Networks's current Quick Ratio of 0.07 is 95.9% 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 ATI Networks and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ATI Networks's current Quick Ratio is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATI Networks stock overvalued right now?
ATI Networks (ATIW) has a current Quick Ratio of 0.07. The current Quick Ratio is 0.07 and 95.9% below the Software industry median of 1.70. 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 ATI Networks (ATIW), the current Quick Ratio is 0.07 as of Sep. 2000. 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.

ATI Networks Business Description

Address 2030 Powers Ferry Road South East, Suite 212, Atlanta, GA, USA, 30339
ATI Networks Inc is a software and ecommerce technology development company. It enables wireless communications and tracking of a GPS enhanced wireless device over the Internet. Its products include LOGITRAK & NavQuest.