BCHG (Grayscale Bitcoin Cash TR BCH) Quick Ratio: 0.00 (As of Mar. 2021)

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What is Grayscale Bitcoin Cash TR BCH Quick Ratio?

Grayscale Bitcoin Cash TR BCH BCHG +0.52% Quick Ratio is 0.00 as of Mar. 2021.

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. Grayscale Bitcoin Cash TR BCH's quick ratio for the quarter that ended in Mar. 2021 was 0.00.

Grayscale Bitcoin Cash TR BCH has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Grayscale Bitcoin Cash TR BCH's Quick Ratio or its related term are showing as below:

BCHG's Quick Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.845
* Ranked among companies with meaningful Quick Ratio only.

Grayscale Bitcoin Cash TR BCH  (OTCPK:BCHG) 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.


Grayscale Bitcoin Cash TR BCH Quick Ratio Related Terms


Grayscale Bitcoin Cash TR BCH Quick Ratio Historical Data

* Premium members only.

The historical data trend for Grayscale Bitcoin Cash TR BCH'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.

Grayscale Bitcoin Cash TR BCH Quick Ratio Chart

Grayscale Bitcoin Cash TR BCH Annual Data
Trend Jun18 Jun19 Jun20
Quick Ratio
0.00 0.00 0.00

Grayscale Bitcoin Cash TR BCH Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Quick Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

BCHG vs : Quick Ratio Comparison

For the Asset Management subindustry, Grayscale Bitcoin Cash TR BCH'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.


Grayscale Bitcoin Cash TR BCH Quick Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Bitcoin Cash TR BCH's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Grayscale Bitcoin Cash TR BCH's Quick Ratio falls into.



Grayscale Bitcoin Cash TR BCH 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.

Grayscale Bitcoin Cash TR BCH's Quick Ratio for the fiscal year that ended in Jun. 2020 is calculated as

Quick Ratio (A: Jun. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

Grayscale Bitcoin Cash TR BCH's Quick Ratio for the quarter that ended in Mar. 2021 is calculated as

Quick Ratio (Q: Mar. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

* 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 0.00 mean?
Grayscale Bitcoin Cash TR BCH (BCHG) has a Quick Ratio of 0.00 as of Mar. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors.
Is Grayscale Bitcoin Cash TR BCH's Quick Ratio too high?
Grayscale Bitcoin Cash TR BCH's current Quick Ratio is 0.00.
How does Grayscale Bitcoin Cash TR BCH's Quick Ratio compare to ?
Grayscale Bitcoin Cash TR BCH's Quick Ratio of 0.00 can be compared against companies in the Asset Management industry. The industry median Quick Ratio is 2.85. 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 an Asset Management company?
The median Quick Ratio among Asset Management companies is 2.85, based on 714 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. 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 Grayscale Bitcoin Cash TR BCH and its competitors. For the Asset Management industry, the median Quick Ratio is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Bitcoin Cash TR BCH's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Bitcoin Cash TR BCH stock overvalued right now?
Grayscale Bitcoin Cash TR BCH (BCHG) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Grayscale Bitcoin Cash TR BCH (BCHG), the current Quick Ratio is 0.00 as of Mar. 2021. 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.

Grayscale Bitcoin Cash TR BCH Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Bitcoin Cash TR BCH provides platform for digital currency investing. It provides investment products like single-asset, diversified, large cap funds, and others. The company operates as a digital currency asset manager.