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B Riley Principal 250 Merger (B Riley Principal 250 Merger) Quick Ratio : 0.00 (As of Dec. 2022)


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What is B Riley Principal 250 Merger Quick Ratio?

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. B Riley Principal 250 Merger's quick ratio for the quarter that ended in Dec. 2022 was 0.00.

B Riley Principal 250 Merger 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 B Riley Principal 250 Merger's Quick Ratio or its related term are showing as below:

BRIVU' s Quick Ratio Range Over the Past 10 Years
Min: 2.22   Med: 16.15   Max: 25
Current: 2.22

During the past 3 years, B Riley Principal 250 Merger's highest Quick Ratio was 25.00. The lowest was 2.22. And the median was 16.15.

BRIVU's Quick Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.89 vs BRIVU: 2.22

B Riley Principal 250 Merger Quick Ratio Historical Data

The historical data trend for B Riley Principal 250 Merger'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.

* Premium members only.

B Riley Principal 250 Merger Quick Ratio Chart

B Riley Principal 250 Merger Annual Data
Trend Dec20 Dec21 Dec22
Quick Ratio
25.00 7.29 -

B Riley Principal 250 Merger Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.29 7.37 3.44 2.22 -

Competitive Comparison of B Riley Principal 250 Merger's Quick Ratio

For the Shell Companies subindustry, B Riley Principal 250 Merger'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.


B Riley Principal 250 Merger's Quick Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B Riley Principal 250 Merger's Quick Ratio distribution charts can be found below:

* The bar in red indicates where B Riley Principal 250 Merger's Quick Ratio falls into.



B Riley Principal 250 Merger 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.

B Riley Principal 250 Merger's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0
=

B Riley Principal 250 Merger's Quick Ratio for the quarter that ended in Dec. 2022 is calculated as

Quick Ratio (Q: Dec. 2022 )=(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.


B Riley Principal 250 Merger  (NAS:BRIVU) 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.


B Riley Principal 250 Merger Quick Ratio Related Terms

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B Riley Principal 250 Merger (B Riley Principal 250 Merger) Business Description

Traded in Other Exchanges
N/A
Address
299 Park Avenue, 21st Floor, New York, NY, USA, 10171
B Riley Principal 250 Merger Corp is a blank check company.

B Riley Principal 250 Merger (B Riley Principal 250 Merger) Headlines