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CCTC (Catalyst Crew Technologies) Quick Ratio : 0.00 (As of Sep. 2024)


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What is Catalyst Crew Technologies 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. Catalyst Crew Technologies's quick ratio for the quarter that ended in Sep. 2024 was 0.00.

Catalyst Crew Technologies 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 Catalyst Crew Technologies's Quick Ratio or its related term are showing as below:

CCTC's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.65
* Ranked among companies with meaningful Quick Ratio only.

Catalyst Crew Technologies Quick Ratio Historical Data

The historical data trend for Catalyst Crew Technologies'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.

Catalyst Crew Technologies Quick Ratio Chart

Catalyst Crew Technologies Annual Data
Trend
Quick Ratio

Catalyst Crew Technologies Quarterly Data
Sep09 Sep10 Jun23 Sep23 Jun24 Sep24
Quick Ratio Get a 7-Day Free Trial 0.26 - - - -

Competitive Comparison of Catalyst Crew Technologies's Quick Ratio

For the Software - Application subindustry, Catalyst Crew Technologies'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.


Catalyst Crew Technologies's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Catalyst Crew Technologies's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Catalyst Crew Technologies's Quick Ratio falls into.



Catalyst Crew Technologies 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.

Catalyst Crew Technologies's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Catalyst Crew Technologies's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as

Quick Ratio (Q: Sep. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.648
=0.00

* 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.


Catalyst Crew Technologies  (OTCPK:CCTC) 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.


Catalyst Crew Technologies Quick Ratio Related Terms

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Catalyst Crew Technologies Business Description

Traded in Other Exchanges
N/A
Address
30 North Gould Street, Suite R, Sheridan, WY, USA, 82801
Catalyst Crew Technologies Corp formerly Blue Chip Technologies Corp is engaged in data analytics software based intellectual property for use in the gaming industry ("big Data Analytics IP"). Its Data Analytics IP provides a system and method for using data analytics in the gaming industry to maintain fair play and integrity. The system collects data from various sources such as player behavior, transaction history, social media, and more. These can be used to improve player experience, prevent fraud, identify high-risk players, and more.

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