CSSEQ (Chicken Soup for the Soul Entertainment) Quick Ratio: 0.61 (As of Mar. 2024)


CSSEQ Chicken Soup for the Soul Entertainment Inc CSSEQ
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What is Chicken Soup for the Soul Entertainment Quick Ratio?

Chicken Soup for the Soul Entertainment CSSEQ -99.00% 12 Quick Ratio is 0.61 as of Mar. 2024. GuruFocus rates CSSEQ with a GF Score™ of 12/100.

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. Chicken Soup for the Soul Entertainment's quick ratio for the quarter that ended in Mar. 2024 was 0.61.

Chicken Soup for the Soul Entertainment has a quick ratio of 0.61. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Chicken Soup for the Soul Entertainment's Quick Ratio or its related term are showing as below:

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

Chicken Soup for the Soul Entertainment  (OTCPK:CSSEQ) 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.


Chicken Soup for the Soul Entertainment Quick Ratio Related Terms


Chicken Soup for the Soul Entertainment Quick Ratio Historical Data

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The historical data trend for Chicken Soup for the Soul Entertainment'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.

Chicken Soup for the Soul Entertainment Quick Ratio Chart

Chicken Soup for the Soul Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial 0.95 1.31 2.24 0.77 0.60

Chicken Soup for the Soul Entertainment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.84 0.84 0.82 0.60 0.61

CSSEQ vs UMAX, NFLX, DIS: Quick Ratio Comparison

For the Entertainment subindustry, Chicken Soup for the Soul Entertainment'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.


Chicken Soup for the Soul Entertainment Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chicken Soup for the Soul Entertainment's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Chicken Soup for the Soul Entertainment's Quick Ratio falls into.


CSSEQ
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Chicken Soup for the Soul Entertainment Inc CSSEQ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chicken Soup for the Soul Entertainment 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.

Chicken Soup for the Soul Entertainment's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(155.795-0)/258.991
=0.60

Chicken Soup for the Soul Entertainment's Quick Ratio for the quarter that ended in Mar. 2024 is calculated as

Quick Ratio (Q: Mar. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(151.353-0)/246.31
=0.61

* 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 0.61 mean?
Chicken Soup for the Soul Entertainment (CSSEQ) has a Quick Ratio of 0.61 as of Mar. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chicken Soup for the Soul Entertainment and its competitors.
Is Chicken Soup for the Soul Entertainment's Quick Ratio too high?
Chicken Soup for the Soul Entertainment's current Quick Ratio is 0.61. The Media - Diversified industry median Quick Ratio is 1.45. Chicken Soup for the Soul Entertainment's value of 0.61 is 57.9% below this industry median. Overall, Chicken Soup for the Soul Entertainment has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Chicken Soup for the Soul Entertainment's Quick Ratio compare to UMAX and NFLX?
Chicken Soup for the Soul Entertainment's Quick Ratio of 0.61 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.45. Chicken Soup for the Soul Entertainment's value of 0.61 is 57.9% below this benchmark. 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 1,039 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. Chicken Soup for the Soul Entertainment's current Quick Ratio of 0.61 is 57.9% below the industry median. 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 Chicken Soup for the Soul Entertainment 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. Chicken Soup for the Soul Entertainment's current Quick Ratio is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chicken Soup for the Soul Entertainment stock overvalued right now?
Chicken Soup for the Soul Entertainment (CSSEQ) has a current Quick Ratio of 0.61. The current Quick Ratio is 0.61 and 57.9% below the Media - Diversified industry median of 1.45. Chicken Soup for the Soul Entertainment's overall GF Score™ is 12/100. 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 Chicken Soup for the Soul Entertainment (CSSEQ), the current Quick Ratio is 0.61 as of Mar. 2024. 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.

Chicken Soup for the Soul Entertainment Business Description

Other Exchanges CSSPQ.PFD:USA
Address 132 East Putman Avenue, Floor 2W, Cos Cob, CT, USA, 06807
Chicken Soup for the Soul Entertainment Inc provides premium content to value-conscious consumers. It is the largest advertising-supported video-on-demand companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with nearly 180 FAST channels as well as a transaction video on demand service, and a network of approximately 29,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries.
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