Stable Infrastructure (HAM:8LO) Quick Ratio: 0.38 (As of Sep. 2023)


What is Stable Infrastructure Quick Ratio?

Stable Infrastructure HAM:8LO Quick Ratio is 0.38 as of Sep. 2023.

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. Stable Infrastructure's quick ratio for the quarter that ended in Sep. 2023 was 0.38.

Stable Infrastructure has a quick ratio of 0.38. It indicates that the company cannot currently fully pay back its current liabilities.

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

HAM:8LO's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.7
* Ranked among companies with meaningful Quick Ratio only.

Stable Infrastructure  (HAM:8LO) 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.


Stable Infrastructure Quick Ratio Related Terms


Stable Infrastructure Quick Ratio Historical Data

* Premium members only.

The historical data trend for Stable Infrastructure'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.

Stable Infrastructure Quick Ratio Chart

Stable Infrastructure Annual Data
Trend Dec21 Dec22
Quick Ratio
16.39 3.19

Stable Infrastructure Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.39 3.19 0.77 0.57 0.38

HAM:8LO vs ACN, IBM, FI: Quick Ratio Comparison

For the Information Technology Services subindustry, Stable Infrastructure'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.


Stable Infrastructure Quick Ratio vs Software Industry

For the Software industry and Technology sector, Stable Infrastructure's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Stable Infrastructure's Quick Ratio falls into.



Stable Infrastructure 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.

Stable Infrastructure's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.6-0)/0.188
=3.19

Stable Infrastructure's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.257-0)/0.677
=0.38

* 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 0.38 mean?
Stable Infrastructure (HAM:8LO) has a Quick Ratio of 0.38 as of Sep. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Stable Infrastructure and its competitors.
Is Stable Infrastructure's Quick Ratio too high?
Stable Infrastructure's current Quick Ratio is 0.38. The Software industry median Quick Ratio is 1.70. Stable Infrastructure's value of 0.38 is 77.6% below this industry median.
How does Stable Infrastructure's Quick Ratio compare to ACN and IBM?
Stable Infrastructure's Quick Ratio of 0.38 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. Stable Infrastructure's value of 0.38 is 77.6% 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,865 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. Stable Infrastructure's current Quick Ratio of 0.38 is 77.6% 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 Stable Infrastructure and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stable Infrastructure's current Quick Ratio is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stable Infrastructure stock overvalued right now?
Stable Infrastructure (HAM:8LO) has a current Quick Ratio of 0.38. The current Quick Ratio is 0.38 and 77.6% below the Software industry median of 1.70. 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 Stable Infrastructure (HAM:8LO), the current Quick Ratio is 0.38 as of Sep. 2023. 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.

Stable Infrastructure Business Description

Address 222 Somerset Street West, Suite 601, Ottawa, ON, CAN, K2P 2G3
Stable Infrastructure Inc is working in the non-fungible token space of digital assets and environments to develop new technologies, invest in digital assets to provide exposure to investment in NFTs and the metaverse, and advise creators and platforms in the space. The Company is focused on three main business lines technology, investing, and consulting. The technology business line is focused on emerging technologies and creating new intellectual property in the NFT space. The investing business line is focused on the acquisition and trade of NFTs, and launching other blockchain games and associated gaming guilds. The consulting business line is focused on assisting clients with the launch and marketing of their own brand of NFT.