One Stop Systems has a quick ratio of 2.56. It generally indicates good short-term financial strength.
The historical rank and industry rank for One Stop Systems's Quick Ratio or its related term are showing as below:
FRA:5MU'
s Quick Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.95 Max: 5.76
Current: 2.56
During the past 9 years, One Stop Systems's highest Quick Ratio was 5.76. The lowest was 0.61. And the median was 1.95.
FRA:5MU's Quick Ratio is ranked better than 75.83% of 2487
companies
in the Hardware industry
Industry Median: 1.48
vs FRA:5MU: 2.56
One Stop Systems Quick Ratio Historical Data
The historical data trend for One Stop Systems'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.
Competitive Comparison of One Stop Systems's Quick Ratio
For the Computer Hardware subindustry, One Stop Systems'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.
One Stop Systems's Quick Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, One Stop Systems's Quick Ratio distribution charts can be found below:
* The bar in red indicates where One Stop Systems's Quick Ratio falls into.
One Stop Systems 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.
One Stop Systems's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
One Stop Systems (FRA:5MU) 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.
One Stop Systems Quick Ratio Related Terms
Thank you for viewing the detailed overview of One Stop Systems's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
One Stop Systems Inc designs and manufactures innovative Artificial intelligence (AI) Transportable edge computing modules and systems, including ruggedized servers, compute accelerators, expansion systems, flash storage arrays and Ion Accelerator SAN, NAS and data recording software for AI workflows. These products are used for AI data set capture, training, and large-scale inference in the defense, oil and gas, mining, autonomous vehicles and rugged entertainment applications. The company enables AI on the Fly by bringing AI datacenter performance to the edge, especially on mobile platforms, and by addressing the entire AI workflow, from high-speed data acquisition to deep learning, training and inference. Its products are available directly or through global distributors.
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