BBLC (Blockchain Loyalty) Quick Ratio: 1.32 (As of Sep. 2023)


What is Blockchain Loyalty Quick Ratio?

Blockchain Loyalty BBLC -9.56% Quick Ratio is 1.32 as of Sep. 2023.

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. Blockchain Loyalty's quick ratio for the quarter that ended in Sep. 2023 was 1.32.

Blockchain Loyalty has a quick ratio of 1.32. It generally indicates good short-term financial strength.

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

BBLC's Quick Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.135
* Ranked among companies with meaningful Quick Ratio only.

Blockchain Loyalty  (OTCPK:BBLC) 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.

Blockchain Loyalty Quick Ratio Related Terms

Blockchain Loyalty Quick Ratio Historical Data

* Premium members only.

The historical data trend for Blockchain Loyalty'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.

Blockchain Loyalty Quick Ratio Chart

Blockchain Loyalty Annual Data
Trend
Quick Ratio

Blockchain Loyalty Semi-Annual Data
Sep23
Quick Ratio 1.32

BBLC vs NIMU, ATYG, CLOW: Quick Ratio Comparison

For the Shell Companies subindustry, Blockchain Loyalty'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.

Blockchain Loyalty Quick Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Blockchain Loyalty's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Blockchain Loyalty's Quick Ratio falls into.


Blockchain Loyalty 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.

Blockchain Loyalty's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Quick Ratio (A: . 20 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(-)/
=

Blockchain Loyalty's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3-0)/2.273
=1.32

* 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 1.32 mean?
Blockchain Loyalty (BBLC) has a Quick Ratio of 1.32 as of Sep. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Blockchain Loyalty and its competitors.
Is Blockchain Loyalty's Quick Ratio too high?
Blockchain Loyalty's current Quick Ratio is 1.32. The Diversified Financial Services industry median Quick Ratio is 3.14. Blockchain Loyalty's value of 1.32 is 57.9% below this industry median.
How does Blockchain Loyalty's Quick Ratio compare to NIMU and ATYG?
Blockchain Loyalty's Quick Ratio of 1.32 can be compared against companies in the Diversified Financial Services industry. The industry median Quick Ratio is 3.14. Blockchain Loyalty's value of 1.32 is 57.9% 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 Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.14, based on 498 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. Blockchain Loyalty's current Quick Ratio of 1.32 is 57.9% 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 Blockchain Loyalty and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blockchain Loyalty's current Quick Ratio is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blockchain Loyalty stock overvalued right now?
Blockchain Loyalty (BBLC) has a current Quick Ratio of 1.32. The current Quick Ratio is 1.32 and 57.9% below the Diversified Financial Services industry median of 3.14. 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 Blockchain Loyalty (BBLC), the current Quick Ratio is 1.32 as of Sep. 2023. 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.

Blockchain Loyalty Business Description

Address 4320 S Corbett Avenue, Suite 214, Portland, OR, USA, 97239
Blockchain Loyalty Inc is focused on developing and supporting technology platforms in areas including digital infrastructure and data-driven software solutions. The Company operates through various business divisions and strategic initiatives. InfernoGrid, the Company's AI infrastructure initiative, is intended to support scalable computing environments and related technologies. The Company has also developed Capistral, a software platform designed to enable users to discover private companies and track market interest. Capistral is intended to provide informational and networking tools only and does not facilitate investments, securities transactions, or capital raising activities.