DLPN has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
DLPN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Dolphin Entertainment's quick ratio for the quarter that ended in Sep. 2024 was 0.76.
Dolphin Entertainment has a quick ratio of 0.76. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Dolphin Entertainment's Quick Ratio or its related term are showing as below:
During the past 13 years, Dolphin Entertainment's highest Quick Ratio was 1.29. The lowest was 0.02. And the median was 0.47.
The historical data trend for Dolphin 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.
Dolphin Entertainment Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Quick Ratio | Get a 7-Day Free Trial | 0.31 | 0.82 | 1.22 | 0.94 | 0.75 |
Dolphin Entertainment Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Quick Ratio | Get a 7-Day Free Trial | 1.09 | 0.75 | 0.86 | 0.91 | 0.76 |
For the Advertising Agencies subindustry, Dolphin 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.
For the Media - Diversified industry and Communication Services sector, Dolphin Entertainment's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Dolphin Entertainment's Quick Ratio falls into.
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.
Dolphin 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 |
= | (20.724 | - | 0) | / | 27.454 | |
= | 0.75 |
Dolphin Entertainment's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as
Quick Ratio (Q: Sep. 2024 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (18.852 | - | 0) | / | 24.806 | |
= | 0.76 |
* 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.
Dolphin Entertainment (NAS:DLPN) 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.
Thank you for viewing the detailed overview of Dolphin Entertainment's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
William Iv O'dowd | director, 10 percent owner, officer: Chief Executive Officer | 2151 LE JEUNE ROAD, SUITE 150 MEZZANINE, CORAL GABLES FL 33134 |
Nelson Famadas | director | 804 DOUGLAS ROAD, STE 365, MIAMI FL 33134 |
Nicholas Stanham | director | C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LE JEUNE ROAD, SUITE 150-MEZZANINE, CORAL GABLES FL 33134 |
M Shanken Communications Inc | 10 percent owner | 825 EIGHTH AVENUE, 33RD FLOOR, NEW YORK NY 10019 |
Marvin Shanken | 10 percent owner | 825 FIFTH AVENUE, 33RD FLOOR, NEW YORK NY 10019 |
Mirta A Negrini | director, officer: CFO & COO | C/O DOLPHIN ENTERTAINMENT, INC., 150 ALHAMBRA CIRCLE, SUITE 1200, CORAL GABLES FL 33134 |
Charles Joseph Dougiello | director | 208 JAVA ST., BROOKLYN NY 11222 |
Claudia Ann Grillo | director | 11700 NE 6 AVE, BISCAYNE PARK FL 33161 |
Anthony A. Leo | director | 1251 14TH STREET, SUITE 209, SANTA MONICA CA 90404 |
Allan Mayer | director | C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LE JEUNE ROAD, SUITE 150 MEZZANINE, CORAL GABLES FL 33134 |
Justo L. Pozo | director, 10 percent owner | C/O DOLPHIN DIGITAL MEDIA, INC., 2151 LEJEUNE ROAD, SUITE 150-MEZZANINE, CORAL GABLES FL 33134 |
Pozo Opportunity Fund Ii, Llc | 10 percent owner | 700 BILTMORE WAY - 1011, CORAL GABLES FL 33134 |
Michael Espensen | director | 804 DOUGLAS ROAD, SUITE 365, MIAMI FL 33134 |
From GuruFocus
By ACCESSWIRE • 11-19-2024
By ACCESSWIRE • 09-10-2024
By ACCESSWIRE • 07-30-2024
By GuruFocus News • 11-15-2024
By ACCESSWIRE • 10-01-2024
By ACCESSWIRE • 07-25-2024
By ACCESSWIRE • 11-12-2024
By ACCESSWIRE • 08-06-2024
By ACCESSWIRE • 08-21-2024
By ACCESSWIRE • 10-17-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.