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CLOW (Cloudweb) Quick Ratio : 0.00 (As of Dec. 2024)


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What is Cloudweb 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. Cloudweb's quick ratio for the quarter that ended in Dec. 2024 was 0.00.

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

During the past 11 years, Cloudweb's highest Quick Ratio was 0.35. The lowest was 0.06. And the median was 0.21.

CLOW's Quick Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.595
* Ranked among companies with meaningful Quick Ratio only.

Cloudweb Quick Ratio Historical Data

The historical data trend for Cloudweb'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.

Cloudweb Quick Ratio Chart

Cloudweb Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
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Cloudweb Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Cloudweb's Quick Ratio

For the Shell Companies subindustry, Cloudweb'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.


Cloudweb's Quick Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cloudweb's Quick Ratio distribution charts can be found below:

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


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Cloudweb 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.

Cloudweb's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.643
=0.00

Cloudweb's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/0.643
=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.


Cloudweb  (OTCPK:CLOW) 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.


Cloudweb Quick Ratio Related Terms

Thank you for viewing the detailed overview of Cloudweb's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cloudweb Business Description

Traded in Other Exchanges
N/A
Address
800 W El Camino Real, Suite 180, Mountain View, CA, USA, 94040
Cloudweb Inc is currently exploring different options for further developing and marketing its web hosting and data storage services. This includes plans to make hosting available for free while being supported by advertiser content. The Company will also look into white labeling its services to allow other brands to use its platforms for their own needs.
Executives
Shi Rong Chen director, officer: COO FOZOZHEN QINGHUCUNWEIHUI SHANGDALING CUN, GUANGXI LINGSHANXIAN F4 000000
De Liao Zhi director, 10 percent owner, officer: CEO, Sec. & CFO HEXIWAN GONGGUANG 16, DONG 701 FANG, FANGCHENGQU, FANGCHENGGANG SHI F4 538000

Cloudweb Headlines

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