GNAL (Generation Alpha) Quick Ratio: 0.04 (As of Jun. 2021)


What is Generation Alpha Quick Ratio?

Generation Alpha GNAL Quick Ratio is 0.04 as of Jun. 2021.

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. Generation Alpha's quick ratio for the quarter that ended in Jun. 2021 was 0.04.

Generation Alpha has a quick ratio of 0.04. It indicates that the company cannot currently fully pay back its current liabilities.

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

GNAL's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.39
* Ranked among companies with meaningful Quick Ratio only.

Generation Alpha  (OTCPK:GNAL) 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.


Generation Alpha Quick Ratio Related Terms


Generation Alpha Quick Ratio Historical Data

* Premium members only.

The historical data trend for Generation Alpha'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.

Generation Alpha Quick Ratio Chart

Generation Alpha Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.75 0.30 0.02 0.07

Generation Alpha Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.06 0.10 0.07 0.07 0.04

GNAL vs WVFC, GNRV, EFBI: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, Generation Alpha'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.


Generation Alpha Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Generation Alpha's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Generation Alpha's Quick Ratio falls into.



Generation Alpha 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.

Generation Alpha's Quick Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Quick Ratio (A: Dec. 2020 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.613-0.133)/6.74
=0.07

Generation Alpha's Quick Ratio for the quarter that ended in Jun. 2021 is calculated as

Quick Ratio (Q: Jun. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.493-0.085)/9.748
=0.04

* 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 0.04 mean?
Generation Alpha (GNAL) has a Quick Ratio of 0.04 as of Jun. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Generation Alpha and its competitors.
Is Generation Alpha's Quick Ratio too high?
Generation Alpha's current Quick Ratio is 0.04. The Industrial Products industry median Quick Ratio is 1.39. Generation Alpha's value of 0.04 is 97.1% below this industry median.
How does Generation Alpha's Quick Ratio compare to WVFC and GNRV?
Generation Alpha's Quick Ratio of 0.04 can be compared against companies in the Industrial Products industry. The industry median Quick Ratio is 1.39. Generation Alpha's value of 0.04 is 97.1% 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 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. Generation Alpha's current Quick Ratio of 0.04 is 97.1% 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 Generation Alpha and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Alpha's current Quick Ratio is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Alpha stock overvalued right now?
Generation Alpha (GNAL) has a current Quick Ratio of 0.04. The current Quick Ratio is 0.04 and 97.1% below the Industrial Products industry median of 1.39. 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 Generation Alpha (GNAL), the current Quick Ratio is 0.04 as of Jun. 2021. 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.

Generation Alpha Business Description

Address 1689-A Arrow Route, Upland, CA, USA, 91786
Generation Alpha Inc researches, designs, develops, and manufactures energy-efficient indoor horticulture lighting and ancillary equipment. The company's product portfolio includes digital ballasts, digital lamps, reflectors, lighting accessories, and others. Its products are used for, the hydroponic and indoor growing of other horticultural products, such as hothouse vegetables, decorative plant nurseries, indoor aquariums, and industrial painting facilities and sold to retail stores, distributors and commercial growers.