GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DirectView Holdings Inc (OTCPK:DIRV) » Definitions » Quick Ratio

DirectView Holdings (DirectView Holdings) Quick Ratio : 0.02 (As of Sep. 2019)


View and export this data going back to 2010. Start your Free Trial

What is DirectView Holdings 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. DirectView Holdings's quick ratio for the quarter that ended in Sep. 2019 was 0.02.

DirectView Holdings has a quick ratio of 0.02. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for DirectView Holdings's Quick Ratio or its related term are showing as below:

DIRV's Quick Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.55
* Ranked among companies with meaningful Quick Ratio only.

DirectView Holdings Quick Ratio Historical Data

The historical data trend for DirectView Holdings'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.

DirectView Holdings Quick Ratio Chart

DirectView Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.08 0.02 0.06 0.03

DirectView Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.04 0.03 0.02 0.04 0.02

Competitive Comparison of DirectView Holdings's Quick Ratio

For the Security & Protection Services subindustry, DirectView Holdings'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.


DirectView Holdings's Quick Ratio Distribution in the Business Services Industry

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

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



DirectView Holdings 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.

DirectView Holdings's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.691-0.109)/22.042
=0.03

DirectView Holdings's Quick Ratio for the quarter that ended in Sep. 2019 is calculated as

Quick Ratio (Q: Sep. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.764-0.102)/32.346
=0.02

* 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.


DirectView Holdings  (OTCPK:DIRV) 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.


DirectView Holdings Quick Ratio Related Terms

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


DirectView Holdings (DirectView Holdings) Business Description

Traded in Other Exchanges
N/A
Address
21218 Saint Andrews Boulevard, Suite 323, Boca Raton, FL, USA, 33433
DirectView Holdings Inc through its subsidiaries operates within two divisions security and surveillance and video conferencing services. Security and Surveillance divisions design and installs surveillance systems, digital video recording, and services. Video conferencing services provide full-service teleconferencing services. It provides managed security solutions and video conferencing services for a broad range of industries including hospitality, banking, aviation, processing/refining, and manufacturing/logistics as well as commercial, office and residential locations.
Executives
Steven M Plumb officer: Chief Financial Officer 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Judith Muhlberg director 518 BAYSIDE DRIVE STEVENSVILLE MD 21666
Emmit J. Mchenry director 427 WALKER ROAD GREAT FALLS VA 22066
Roger Ralston director, 10 percent owner, officer: CEO and Chairman 21218 ST. ANDREWS BLVD. #323 BOCA RATON FL 33433
Michele Ralston director, officer: Director and CFO 21218 ST. ANDREWS BLVD. #323 BOCA RATON FL 33433
Scott Burns director, officer: Director and Pres. 17820 ORCHID STREET N.W. ANDOVER MN 55304