ISDSF (iSign Media Solutions) Quick Ratio: 0.02 (As of Jan. 2023)

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ISDSF iSign Media Solutions Inc ISDSF
12 GF Score
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What is iSign Media Solutions Quick Ratio?

iSign Media Solutions ISDSF 12 Quick Ratio is 0.02 as of Jan. 2023. GuruFocus rates ISDSF with a GF Score™ of 12/100.

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. iSign Media Solutions's quick ratio for the quarter that ended in Jan. 2023 was 0.02.

iSign Media Solutions has a quick ratio of 0.02. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for iSign Media Solutions's Quick Ratio or its related term are showing as below:

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

iSign Media Solutions  (OTCPK:ISDSF) 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.


iSign Media Solutions Quick Ratio Related Terms


iSign Media Solutions Quick Ratio Historical Data

* Premium members only.

The historical data trend for iSign Media Solutions'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.

iSign Media Solutions Quick Ratio Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.02 0.02 0.09

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.03 0.09 0.03 0.03 0.02

ISDSF vs LAAB, CYAP, NIRLQ: Quick Ratio Comparison

For the Software - Application subindustry, iSign Media Solutions'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.


iSign Media Solutions Quick Ratio vs Software Industry

For the Software industry and Technology sector, iSign Media Solutions's Quick Ratio distribution charts can be found below:

* The bar in red indicates where iSign Media Solutions's Quick Ratio falls into.


ISDSF
12GF Score
iSign Media Solutions Inc ISDSF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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iSign Media Solutions 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.

iSign Media Solutions's Quick Ratio for the fiscal year that ended in Apr. 2022 is calculated as

Quick Ratio (A: Apr. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.08-0.007)/0.81
=0.09

iSign Media Solutions's Quick Ratio for the quarter that ended in Jan. 2023 is calculated as

Quick Ratio (Q: Jan. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.028-0.007)/0.977
=0.02

* 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 0.02 mean?
iSign Media Solutions (ISDSF) has a Quick Ratio of 0.02 as of Jan. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on iSign Media Solutions and its competitors.
Is iSign Media Solutions' Quick Ratio too high?
iSign Media Solutions' current Quick Ratio is 0.02. The Software industry median Quick Ratio is 1.70. iSign Media Solutions' value of 0.02 is 98.8% below this industry median. Overall, iSign Media Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does iSign Media Solutions' Quick Ratio compare to LAAB and CYAP?
iSign Media Solutions' Quick Ratio of 0.02 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. iSign Media Solutions' value of 0.02 is 98.8% 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 2,869 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. iSign Media Solutions's current Quick Ratio of 0.02 is 98.8% 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 iSign Media Solutions 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. iSign Media Solutions's current Quick Ratio is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iSign Media Solutions stock overvalued right now?
iSign Media Solutions (ISDSF) has a current Quick Ratio of 0.02. The current Quick Ratio is 0.02 and 98.8% below the Software industry median of 1.70. iSign Media Solutions' overall GF Score™ is 12/100. 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 iSign Media Solutions (ISDSF), the current Quick Ratio is 0.02 as of Jan. 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.

iSign Media Solutions Business Description

Address 105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a Canadian data-focused, software-as-a-service (SaaS) company in the areas of location-based security alert messaging and proximity marketing utilizing Bluetooth and Wi-Fi connectivity in complete privacy. Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics.
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