DQ Entertainment (International) (BOM:533176) Quick Ratio: 0.27 (As of Mar. 2023)


BOM:533176 DQ Entertainment (International) Ltd BOM:533176
4 GF Score
Price ₹1.03
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What is DQ Entertainment (International) Quick Ratio?

DQ Entertainment (International) BOM:533176 4 Quick Ratio is 0.27 as of Mar. 2023. GuruFocus rates BOM:533176 with a GF Score™ of 4/100.

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. DQ Entertainment (International)'s quick ratio for the quarter that ended in Mar. 2023 was 0.27.

DQ Entertainment (International) has a quick ratio of 0.27. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for DQ Entertainment (International)'s Quick Ratio or its related term are showing as below:

BOM:533176's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.46
* Ranked among companies with meaningful Quick Ratio only.

DQ Entertainment (International)  (BOM:533176) 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.


DQ Entertainment (International) Quick Ratio Related Terms


DQ Entertainment (International) Quick Ratio Historical Data

* Premium members only.

The historical data trend for DQ Entertainment (International)'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.

DQ Entertainment (International) Quick Ratio Chart

DQ Entertainment (International) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.00 0.30 0.27 0.27

DQ Entertainment (International) Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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 0.20 0.00 0.30 0.27 0.27

BOM:533176 vs DIS, NFLX, CMCSA: Quick Ratio Comparison

For the Entertainment subindustry, DQ Entertainment (International)'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.


DQ Entertainment (International) Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, DQ Entertainment (International)'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where DQ Entertainment (International)'s Quick Ratio falls into.


BOM:533176
4GF Score
DQ Entertainment (International) Ltd BOM:533176
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DQ Entertainment (International) 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.

DQ Entertainment (International)'s Quick Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Quick Ratio (A: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1054.743-0)/3973.016
=0.27

DQ Entertainment (International)'s Quick Ratio for the quarter that ended in Mar. 2023 is calculated as

Quick Ratio (Q: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1054.743-0)/3973.016
=0.27

* 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 0.27 mean?
DQ Entertainment (International) (BOM:533176) has a Quick Ratio of 0.27 as of Mar. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on DQ Entertainment (International) and its competitors.
Is DQ Entertainment (International)'s Quick Ratio too high?
DQ Entertainment (International)'s current Quick Ratio is 0.27. The Media - Diversified industry median Quick Ratio is 1.46. DQ Entertainment (International)'s value of 0.27 is 81.5% below this industry median. Overall, DQ Entertainment (International) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does DQ Entertainment (International)'s Quick Ratio compare to DIS and NFLX?
DQ Entertainment (International)'s Quick Ratio of 0.27 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.46. DQ Entertainment (International)'s value of 0.27 is 81.5% 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,028 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. DQ Entertainment (International)'s current Quick Ratio of 0.27 is 81.5% 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 DQ Entertainment (International) and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DQ Entertainment (International)'s current Quick Ratio is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DQ Entertainment (International) stock overvalued right now?
DQ Entertainment (International) (BOM:533176) has a current Quick Ratio of 0.27. The current Quick Ratio is 0.27 and 81.5% below the Media - Diversified industry median of 1.46. DQ Entertainment (International)'s overall GF Score™ is 4/100. 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 DQ Entertainment (International) (BOM:533176), the current Quick Ratio is 0.27 as of Mar. 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.

DQ Entertainment (International) Business Description

Address Road No. 3, Banjara Hills, 644, Aurora Colony, Hyderabad, TG, IND, 500034
DQ Entertainment (International) Ltd is an animation, gaming, live-action entertainment, production, and distribution company. It produces animation for films, television series, and console-based games. The company's business segments include Animation and Distribution. Animation segments include production services rendered to production houses and training rendered for acquiring skills for production services in relation to the production of animated television series and movies. The Distribution includes the revenue generated from the exploitation of the distribution rights of animated television series and films acquired by the company. The company earns a majority of its revenue from the Animation segment.
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