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DSUS (Drone Services USA) Quick Ratio : 0.00 (As of Mar. 2006)


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What is Drone Services USA 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. Drone Services USA's quick ratio for the quarter that ended in Mar. 2006 was 0.00.

Drone Services USA 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 Drone Services USA's Quick Ratio or its related term are showing as below:

DSUS's Quick Ratio is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.185
* Ranked among companies with meaningful Quick Ratio only.

Drone Services USA Quick Ratio Historical Data

The historical data trend for Drone Services USA'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.

Drone Services USA Quick Ratio Chart

Drone Services USA Annual Data
Trend Dec00 Dec01 Jun03 Jun04 Jun05
Quick Ratio
- 0.07 0.09 0.03 -

Drone Services USA Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06
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 0.01 - - - -

Competitive Comparison of Drone Services USA's Quick Ratio

For the Aerospace & Defense subindustry, Drone Services USA'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.


Drone Services USA's Quick Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Drone Services USA's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Drone Services USA's Quick Ratio falls into.



Drone Services USA 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.

Drone Services USA's Quick Ratio for the fiscal year that ended in Jun. 2005 is calculated as

Quick Ratio (A: Jun. 2005 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.005-0)/5.889
=0.00

Drone Services USA's Quick Ratio for the quarter that ended in Mar. 2006 is calculated as

Quick Ratio (Q: Mar. 2006 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.005-0)/6.076
=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.


Drone Services USA  (OTCPK:DSUS) 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.


Drone Services USA Quick Ratio Related Terms

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Drone Services USA Business Description

Traded in Other Exchanges
N/A
Address
1421 N. Leroy Street, Suite 131, Fenton, WA, USA, 48430
Drone Services USA Inc is engaged in manufacturing & providing solutions for commercial duty aerial vehicle drones & related equipment for use in search & rescue, law enforcement, fire services, aerial inspection, wildlife monitoring, & anti-poaching.

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