DCAC (Danielsorate Advisory Co) Quick Ratio: 0.01 (As of Aug. 2022)

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What is Danielsorate Advisory Co Quick Ratio?

Danielsorate Advisory Co DCAC -99.00% Quick Ratio is 0.01 as of Aug. 2022.

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. Danielsorate Advisory Co's quick ratio for the quarter that ended in Aug. 2022 was 0.01.

Danielsorate Advisory Co has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Danielsorate Advisory Co's Quick Ratio or its related term are showing as below:

DCAC's Quick Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.67
* Ranked among companies with meaningful Quick Ratio only.

Danielsorate Advisory Co  (OTCPK:DCAC) 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.


Danielsorate Advisory Co Quick Ratio Related Terms


Danielsorate Advisory Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Danielsorate Advisory Co'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.

Danielsorate Advisory Co Quick Ratio Chart

Danielsorate Advisory Co Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.13 0.03 0.07 0.05

Danielsorate Advisory Co Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 0.08 0.05 0.04 0.02 0.01

DCAC vs MSYN, FLCX, AMMJ: Quick Ratio Comparison

For the Consulting Services subindustry, Danielsorate Advisory Co'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.


Danielsorate Advisory Co Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Danielsorate Advisory Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Danielsorate Advisory Co's Quick Ratio falls into.



Danielsorate Advisory Co 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.

Danielsorate Advisory Co's Quick Ratio for the fiscal year that ended in Nov. 2021 is calculated as

Quick Ratio (A: Nov. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.404-0.209)/3.967
=0.05

Danielsorate Advisory Co's Quick Ratio for the quarter that ended in Aug. 2022 is calculated as

Quick Ratio (Q: Aug. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.162-0.104)/4.414
=0.01

* 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 0.01 mean?
Danielsorate Advisory Co (DCAC) has a Quick Ratio of 0.01 as of Aug. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Danielsorate Advisory Co and its competitors.
Is Danielsorate Advisory Co's Quick Ratio too high?
Danielsorate Advisory Co's current Quick Ratio is 0.01. The Business Services industry median Quick Ratio is 1.67. Danielsorate Advisory Co's value of 0.01 is 99.4% below this industry median.
How does Danielsorate Advisory Co's Quick Ratio compare to MSYN and FLCX?
Danielsorate Advisory Co's Quick Ratio of 0.01 can be compared against companies in the Business Services industry. The industry median Quick Ratio is 1.67. Danielsorate Advisory Co's value of 0.01 is 99.4% 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,091 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. Danielsorate Advisory Co's current Quick Ratio of 0.01 is 99.4% 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 Danielsorate Advisory Co and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danielsorate Advisory Co's current Quick Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danielsorate Advisory Co stock overvalued right now?
Danielsorate Advisory Co (DCAC) has a current Quick Ratio of 0.01. The current Quick Ratio is 0.01 and 99.4% below the Business Services industry median of 1.67. 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 Danielsorate Advisory Co (DCAC), the current Quick Ratio is 0.01 as of Aug. 2022. 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.

Danielsorate Advisory Co Business Description

Address Parker Towers, 104-60, Queens Boulevard, 12th Floor Forest Hills, New York, NY, USA, 11375
Daniels Corporate Advisory Co Inc through its subsidiaries is engaged in the business of offering corporate financial consulting services and merchant banking services. The company's divisions include the flip and credit rebuilding division. Its goal of providing advisory services to business services as well as non-business services client companies. Merchant banking includes equity funding of the growth of client and service companies, as well as funding equity of small public companies.