BRSE (Broadside Enterprises) Quick Ratio: 0.00 (As of . 20)


What is Broadside Enterprises Quick Ratio?

Broadside Enterprises BRSE Quick Ratio is 0.00 as of . 20.

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. Broadside Enterprises's quick ratio for the quarter that ended in . 20 was 0.00.

Broadside Enterprises 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 Broadside Enterprises's Quick Ratio or its related term are showing as below:

BRSE's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.45
* Ranked among companies with meaningful Quick Ratio only.

Broadside Enterprises  (OTCPK:BRSE) 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.

Broadside Enterprises Quick Ratio Related Terms

Broadside Enterprises Quick Ratio Historical Data

* Premium members only.

The historical data trend for Broadside Enterprises'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.

Broadside Enterprises Quick Ratio Chart

Broadside Enterprises Annual Data
Trend
Quick Ratio

Broadside Enterprises Quarterly Data
Quick Ratio

BRSE vs GBBT, MLFB, BTDG: Quick Ratio Comparison

For the Entertainment subindustry, Broadside Enterprises'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.

Broadside Enterprises Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Broadside Enterprises's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Broadside Enterprises's Quick Ratio falls into.


Broadside Enterprises 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.

Broadside Enterprises'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
=(-)/
=

Broadside Enterprises's Quick Ratio for the quarter that ended in . 20 is calculated as

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

* 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?
Broadside Enterprises (BRSE) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Broadside Enterprises and its competitors.
Is Broadside Enterprises' Quick Ratio too high?
Broadside Enterprises' current Quick Ratio is 0.00.
How does Broadside Enterprises' Quick Ratio compare to GBBT and MLFB?
Broadside Enterprises' Quick Ratio of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.45. 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 1.45, based on 1,032 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 Broadside Enterprises and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadside Enterprises'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 Broadside Enterprises stock overvalued right now?
Broadside Enterprises (BRSE) 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 Broadside Enterprises (BRSE), the current Quick Ratio is 0.00 as of . 20. 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.

Broadside Enterprises Business Description

Address 807 Avenida Juan Ponce de Leon, PMB 0244, San Juan, PR, USA, PR 00907
Broadside Enterprises Inc is a development stage company. Its operations are structured along with four divisions, Media, Branded goods, Real estate, and Blockchain technology. Its Media division is focused on the development, financing, acquisition, and distribution of media assets. The Real estate division seeks to finance, acquire and develop long-term assets for the company in both residential and commercial real estate as well as natural resources with a focus on Africa and the Middle East. The Blockchain technologies division intends to establish a crypto-mining operation and develop token and blockchain applications.