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FBDS (Fuss Brands) Quick Ratio : 0.23 (As of Jan. 2025)


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What is Fuss Brands 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. Fuss Brands's quick ratio for the quarter that ended in Jan. 2025 was 0.23.

Fuss Brands has a quick ratio of 0.23. It indicates that the company cannot currently fully pay back its current liabilities.

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

FBDS' s Quick Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.25   Max: 0.5
Current: 0.23

During the past 13 years, Fuss Brands's highest Quick Ratio was 0.50. The lowest was 0.09. And the median was 0.25.

FBDS's Quick Ratio is ranked worse than
71.05% of 411 companies
in the Diversified Financial Services industry
Industry Median: 1.72 vs FBDS: 0.23

Fuss Brands Quick Ratio Historical Data

The historical data trend for Fuss Brands'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.

Fuss Brands Quick Ratio Chart

Fuss Brands Annual Data
Trend Oct09 Oct10 Oct11 Oct12 Oct13 Oct20 Oct21 Oct22 Oct23 Oct24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.36 0.24 0.25

Fuss Brands Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.25 0.23 0.26 0.25 0.23

Competitive Comparison of Fuss Brands's Quick Ratio

For the Shell Companies subindustry, Fuss Brands'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.


Fuss Brands's Quick Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fuss Brands's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Fuss Brands's Quick Ratio falls into.


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Fuss Brands 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.

Fuss Brands's Quick Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Quick Ratio (A: Oct. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.228-0)/0.916
=0.25

Fuss Brands's Quick Ratio for the quarter that ended in Jan. 2025 is calculated as

Quick Ratio (Q: Jan. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.232-0)/0.994
=0.23

* 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.


Fuss Brands  (OTCPK:FBDS) 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.


Fuss Brands Quick Ratio Related Terms

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Fuss Brands Business Description

Traded in Other Exchanges
N/A
Address
80 Broad Street, New York, NY, USA, 10004
Fuss Brands Corp currently has no operations.
Executives
Lei Zhao director LEVEL 11, CHANGLIANG INTERNATIONAL BLDG, NO. 28, CHANGLIANG RD, NANGANG DISTRICT, HEILONGJIAN PROVINCE F4 150090
Zibing Pan director 1813 NW 176TH PL., EDMOND OK 73012
David Dong officer: Chief Financial Officer C/O FEIHE INTERNATIONAL, INC., 2275 HUNTINGTON DRIVE #278, SAN MARINO CA 91108
Xiaoying Lu officer: Interim CFO C/O RENHUANG PHARMACEUTICALS, INC., NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN,HEILONGJIANG PROVINCE F4 150050
Dianjun Pi director 281 TAIPING ROAD, DAOWAI DISTRICT, HARBIN, HEILONGJIANG F4 150300
Changxiong Sun director C/O RENHUANG PHARMACEUTICALS, INC., NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN, HEILONGJIANG PROVINCE F4 150050
Bingchun Wu director C/O RENHUANG PHARMACEUTICALS, INC., NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN, HEILONGJIANG PROVINCE F4 150050
Sean Shao director 21ST FLOOR, EVERBRIGHT BANK BUILDING, ZHUZILIN, FUTIAN DISTRICT, SHENZHEN, GUANGDONG F4 518040
Yan Yi Chen officer: Chief Financial Officer NO. 281, TAIPING ROAD, TAIPING DISTRICT, HARBIN, HEILONGJIANG PROVINCE F4 150050
Magnus Moliteus director 958 SUNSET RIDGE, BRIDGEWATER NJ 08807
Yanfei Kong director, officer: CFO 65 BROADWAY, SUITE 888, NEW YORK NY 10006
Li Shaoming director, 10 percent owner, officer: Chairman and CEO 281 TAIPING ROAD, DAOWAI DISTRICT, HARBIN, HEILONGJIAN F4 150300
Fanrong Meng director 201-5-602 YUNHUA SQUARE, KANGAN ROAD, HARBIN, HEILONGJIAN F4 150010
Kenneth Arevalo director 3200 BRISTOL STREET, SUITE 700, COSTA MESA CA 92626
Sutter Holding Co Inc 10 percent owner 100 SOUTH KING STREET, SEATTLE WA 98104

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