GBHL (Global Entertainment Holdings) Quick Ratio: 0.10 (As of Sep. 2011)

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What is Global Entertainment Holdings Quick Ratio?

Global Entertainment Holdings GBHL Quick Ratio is 0.10 as of Sep. 2011.

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. Global Entertainment Holdings's quick ratio for the quarter that ended in Sep. 2011 was 0.10.

Global Entertainment Holdings has a quick ratio of 0.10. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Global Entertainment Holdings's Quick Ratio or its related term are showing as below:

GBHL's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.46
* Ranked among companies with meaningful Quick Ratio only.

Global Entertainment Holdings  (OTCPK:GBHL) 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.


Global Entertainment Holdings Quick Ratio Related Terms


Global Entertainment Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Global Entertainment Holdings'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.

Global Entertainment Holdings Quick Ratio Chart

Global Entertainment Holdings Annual Data
Trend Dec01 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Quick Ratio
Get a 7-Day Free Trial 0.18 0.48 0.26 0.17 0.11

Global Entertainment Holdings Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.15 0.11 0.16 0.12 0.10

GBHL vs FLCR, ASKH: Quick Ratio Comparison

For the Entertainment subindustry, Global Entertainment Holdings'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.


Global Entertainment Holdings Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Global Entertainment Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Global Entertainment Holdings's Quick Ratio falls into.



Global Entertainment Holdings 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.

Global Entertainment Holdings's Quick Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Quick Ratio (A: Dec. 2010 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.144-0)/1.268
=0.11

Global Entertainment Holdings's Quick Ratio for the quarter that ended in Sep. 2011 is calculated as

Quick Ratio (Q: Sep. 2011 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.082-0)/0.83
=0.10

* 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 0.10 mean?
Global Entertainment Holdings (GBHL) has a Quick Ratio of 0.10 as of Sep. 2011. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Global Entertainment Holdings and its competitors.
Is Global Entertainment Holdings' Quick Ratio too high?
Global Entertainment Holdings' current Quick Ratio is 0.10. The Media - Diversified industry median Quick Ratio is 1.46. Global Entertainment Holdings' value of 0.10 is 93.2% below this industry median.
How does Global Entertainment Holdings' Quick Ratio compare to FLCR and ASKH?
Global Entertainment Holdings' Quick Ratio of 0.10 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.46. Global Entertainment Holdings' value of 0.10 is 93.2% below this benchmark. 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,028 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. Global Entertainment Holdings's current Quick Ratio of 0.10 is 93.2% below the industry median. 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 Global Entertainment Holdings and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Entertainment Holdings's current Quick Ratio is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Entertainment Holdings stock overvalued right now?
Global Entertainment Holdings (GBHL) has a current Quick Ratio of 0.10. The current Quick Ratio is 0.10 and 93.2% below the Media - Diversified industry median of 1.46. 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 Global Entertainment Holdings (GBHL), the current Quick Ratio is 0.10 as of Sep. 2011. 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.

Global Entertainment Holdings Business Description

Address 4915 E Hunter Avenue, Suite 8-259, Anaheim, CA, USA, 92807
Global Entertainment Holdings Inc is an independent entertainment content production and OTT streaming distribution company that connects with audiences through compelling motion picture content and social media websites. It is engaged in the production, financing, and sales of motion pictures and other entertainment-related content, as well as developing OTT streaming channels, conducted through its subsidiary.