GGII (Fast Moving Consumer Goods) Quick Ratio: 0.00 (As of Sep. 2008)

What is Fast Moving Consumer Goods Quick Ratio?

Fast Moving Consumer Goods GGII -99.00% Quick Ratio is 0.00 as of Sep. 2008.

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. Fast Moving Consumer Goods's quick ratio for the quarter that ended in Sep. 2008 was 0.00.

Fast Moving Consumer Goods 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 Fast Moving Consumer Goods's Quick Ratio or its related term are showing as below:

GGII's Quick Ratio is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 1.12
* Ranked among companies with meaningful Quick Ratio only.

Fast Moving Consumer Goods (OTCPK:GGII) 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.

Fast Moving Consumer Goods Quick Ratio Related Terms

Fast Moving Consumer Goods Quick Ratio Historical Data

* Premium members only.

The historical data trend for Fast Moving Consumer Goods'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.

Fast Moving Consumer Goods Quick Ratio Chart

Fast Moving Consumer Goods Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Quick Ratio

0.00

0.14

0.06

0.01

Fast Moving Consumer Goods Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Quick Ratio	Get a 7-Day Free Trial															0.01	0.01	0.01	0.00	0.00

GGII vs PPMT, IVFZF, ASAE: Quick Ratio Comparison

For the Household & Personal Products subindustry, Fast Moving Consumer Goods'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.

Fast Moving Consumer Goods Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fast Moving Consumer Goods's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Fast Moving Consumer Goods's Quick Ratio falls into.

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Fast Moving Consumer Goods 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.

Fast Moving Consumer Goods's Quick Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Quick Ratio (A: Dec. 2007 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(0.005	-	0)	/	0.458
	=	0.01

Fast Moving Consumer Goods's Quick Ratio for the quarter that ended in Sep. 2008 is calculated as

Quick Ratio (Q: Sep. 2008 )	=	(Total Current Assets	-	Total Inventories)	/	Total Current Liabilities
	=	(0.004	-	0)	/	3.095
	=	0.00

Frequently Asked Questions Learn more about Quick Ratio →

What does a Quick Ratio of 0.00 mean?

Fast Moving Consumer Goods (GGII) has a Quick Ratio of 0.00 as of Sep. 2008. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Fast Moving Consumer Goods and its competitors.

Is Fast Moving Consumer Goods' Quick Ratio too high?

Fast Moving Consumer Goods' current Quick Ratio is 0.00.

How does Fast Moving Consumer Goods' Quick Ratio compare to PPMT and IVFZF?

Fast Moving Consumer Goods' Quick Ratio of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Quick Ratio is 1.12. 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 Consumer Packaged Goods company?

The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,987 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 Fast Moving Consumer Goods and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fast Moving Consumer Goods'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 Fast Moving Consumer Goods stock overvalued right now?

Fast Moving Consumer Goods (GGII) 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 Fast Moving Consumer Goods (GGII), the current Quick Ratio is 0.00 as of Sep. 2008. 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.

Fast Moving Consumer Goods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies PPMT IVFZF ASAE NAFS ITRK NXES PSCR INVU GEQU NNUP FNAM PRZM GBGH AWAW EXCC RIHT YOOIF CRTN ITEX WLKR

Address 10409 Pacific Palisades, Las Vegas, NV, USA, 89144

Website https://www.fmcgstock.com

Fast Moving Consumer Goods Inc manufactures and incubates consumer packaged goods through three segments: Over-the-Counter Medications, Beauty Products, and Nutritional Supplements. Its portfolio of consumer goods: Beverages and Shots, OTC Medications, Nutritional Supplements, and Beauty and Cosmetics.