COWI (CarbonMeta Technologies) Quick Ratio: 0.00 (As of Sep. 2023)


What is CarbonMeta Technologies Quick Ratio?

CarbonMeta Technologies COWI -90.00% Quick Ratio is 0.00 as of Sep. 2023.

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. CarbonMeta Technologies's quick ratio for the quarter that ended in Sep. 2023 was 0.00.

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

COWI's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.39
* Ranked among companies with meaningful Quick Ratio only.

CarbonMeta Technologies  (OTCPK:COWI) 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.

CarbonMeta Technologies Quick Ratio Related Terms

CarbonMeta Technologies Quick Ratio Historical Data

* Premium members only.

The historical data trend for CarbonMeta 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.

CarbonMeta Technologies Quick Ratio Chart

CarbonMeta Technologies Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.01 0.00 0.00

CarbonMeta Technologies Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

COWI vs SNES, CBNT, CNEY: Quick Ratio Comparison

For the Pollution & Treatment Controls subindustry, CarbonMeta 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.

CarbonMeta Technologies Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, CarbonMeta Technologies's Quick Ratio distribution charts can be found below:

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


CarbonMeta 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.

CarbonMeta Technologies'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
=(0.024-0.003)/24.811
=0.00

CarbonMeta Technologies's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.003-0.003)/24.8
=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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.00 mean?
CarbonMeta Technologies (COWI) has a Quick Ratio of 0.00 as of Sep. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CarbonMeta Technologies and its competitors.
Is CarbonMeta Technologies' Quick Ratio too high?
CarbonMeta Technologies' current Quick Ratio is 0.00.
How does CarbonMeta Technologies' Quick Ratio compare to SNES and CBNT?
CarbonMeta Technologies' Quick Ratio of 0.00 can be compared against companies in the Industrial Products industry. The industry median Quick Ratio is 1.39. 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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 CarbonMeta Technologies and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarbonMeta Technologies'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 CarbonMeta Technologies stock overvalued right now?
CarbonMeta Technologies (COWI) 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 CarbonMeta Technologies (COWI), the current Quick Ratio is 0.00 as of Sep. 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.

CarbonMeta Technologies Business Description

Address 13110 NE 177th Place, No. 145, Woodinville, WA, USA, 98072
CarbonMeta Technologies Inc is an environmental research and development company that is commercializing technologies for processing organic wastes into hydrogen and high-value carbon products economically and sustainably. It is working on a pilot project for the production of carbon-negative pavers, street furniture, and bricks. It is also exploring technologies for extracting high-value metal oxides and rare earth elements from waste streams.