ECGS (Eco-Growth Strategies) Quick Ratio: 0.00 (As of . 20)


What is Eco-Growth Strategies Quick Ratio?

Eco-Growth Strategies ECGS -13.17% Quick Ratio is 0.00 as of . 20. The stock has 1 warning sign investors should review. Among 49 Tobacco Products companies, Eco-Growth Strategies ranks worse than 2040814.29% on this metric.

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. Eco-Growth Strategies's quick ratio for the quarter that ended in . 20 was 0.00.

Eco-Growth Strategies 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 Eco-Growth Strategies's Quick Ratio or its related term are showing as below:

ECGS's Quick Ratio is not ranked *
in the Tobacco Products industry.
Industry Median: 0.93
* Ranked among companies with meaningful Quick Ratio only.

Eco-Growth Strategies  (OTCPK:ECGS) 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.

Eco-Growth Strategies Quick Ratio Related Terms

Eco-Growth Strategies Quick Ratio Historical Data

* Premium members only.

The historical data trend for Eco-Growth Strategies'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.

Eco-Growth Strategies Quick Ratio Chart

Eco-Growth Strategies Annual Data
Trend
Quick Ratio

Eco-Growth Strategies Semi-Annual Data
Quick Ratio

ECGS vs VPRB, LIFD, XXII: Quick Ratio Comparison

For the Tobacco subindustry, Eco-Growth Strategies'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.

Eco-Growth Strategies Quick Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Eco-Growth Strategies's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Eco-Growth Strategies's Quick Ratio falls into.


Eco-Growth Strategies 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.

Eco-Growth Strategies's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Quick Ratio (A: . 20 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(-)/
=

Eco-Growth Strategies's Quick Ratio for the quarter that ended in . 20 is calculated as

Quick Ratio (Q: . 20 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(-)/
=

* 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 0.00 mean?
Eco-Growth Strategies (ECGS) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Eco-Growth Strategies and its competitors. According to the industry distribution chart, Eco-Growth Strategies ranks #999999 out of 49 companies in the Tobacco Products industry.
Is Eco-Growth Strategies' Quick Ratio too high?
Eco-Growth Strategies' current Quick Ratio is 0.00. Based on the distribution chart, Eco-Growth Strategies ranks #999999 out of 49 companies in the Tobacco Products industry, which is in the bottom quartile relative to peers.
How does Eco-Growth Strategies' Quick Ratio compare to VPRB and LIFD?
According to the Tobacco Products industry distribution chart, Eco-Growth Strategies ranks #999999 out of 49 companies for Quick Ratio. This places Eco-Growth Strategies in the lower half of its industry. The industry median Quick Ratio is 0.93. 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 Tobacco Products company?
The median Quick Ratio among Tobacco Products companies is 0.93, based on 49 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. 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 Eco-Growth Strategies and its competitors. For the Tobacco Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco-Growth Strategies's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco-Growth Strategies stock overvalued right now?
Eco-Growth Strategies (ECGS) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. 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 Eco-Growth Strategies (ECGS), the current Quick Ratio is 0.00 as of . 20. 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.

Eco-Growth Strategies Business Description

Address 99-1220 Iwaena Street, Aiea, HI, USA, 96701
Eco-Growth Strategies Inc is a nutraceutical company developing a range of CBD-based products. It has acquired a bottling water plant in Aiea, HI and expects to acquire other bottled water companies in Hawaii and the West Coast of the USA.