LMSC (Live Microsystems) Quick Ratio: 25.73 (As of Mar. 2015)


What is Live Microsystems Quick Ratio?

Live Microsystems LMSC Quick Ratio is 25.73 as of Mar. 2015.

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. Live Microsystems's quick ratio for the quarter that ended in Mar. 2015 was 25.73.

Live Microsystems has a quick ratio of 25.73. It generally indicates good short-term financial strength.

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

LMSC's Quick Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.46
* Ranked among companies with meaningful Quick Ratio only.

Live Microsystems  (OTCPK:LMSC) 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.

Live Microsystems Quick Ratio Related Terms

Live Microsystems Quick Ratio Historical Data

* Premium members only.

The historical data trend for Live Microsystems'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.

Live Microsystems Quick Ratio Chart

Live Microsystems Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec11 Dec12 Dec13
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 1.76 0.48 0.44 2.73

Live Microsystems Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar15
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 2.73 45.79 35.21 36.54 25.73

LMSC vs MFCO, DGDM, AWSM: Quick Ratio Comparison

For the Communication Equipment subindustry, Live Microsystems'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.

Live Microsystems Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Live Microsystems's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Live Microsystems's Quick Ratio falls into.


Live Microsystems 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.

Live Microsystems's Quick Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Quick Ratio (A: Dec. 2013 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(14.672-0)/5.381
=2.73

Live Microsystems's Quick Ratio for the quarter that ended in Mar. 2015 is calculated as

Quick Ratio (Q: Mar. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(12.271-0)/0.477
=25.73

* 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 25.73 mean?
Live Microsystems (LMSC) has a Quick Ratio of 25.73 as of Mar. 2015. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Live Microsystems and its competitors.
Is Live Microsystems' Quick Ratio too high?
Live Microsystems' current Quick Ratio is 25.73. The Hardware industry median Quick Ratio is 1.46. Live Microsystems' value of 25.73 is 1662.3% above this industry median.
How does Live Microsystems' Quick Ratio compare to MFCO and DGDM?
Live Microsystems' Quick Ratio of 25.73 can be compared against companies in the Hardware industry. The industry median Quick Ratio is 1.46. Live Microsystems' value of 25.73 is 1662.3% above 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,492 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. Live Microsystems's current Quick Ratio of 25.73 is 1662.3% above 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 Live Microsystems and its competitors. For the Hardware 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. Live Microsystems's current Quick Ratio is 25.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Microsystems stock overvalued right now?
Live Microsystems (LMSC) has a current Quick Ratio of 25.73. The current Quick Ratio is 25.73 and 1662.3% above the Hardware 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 Live Microsystems (LMSC), the current Quick Ratio is 25.73 as of Mar. 2015. 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.

Live Microsystems Business Description

Address 1 Broadway, 14th Floor, Cambridge, MA, USA, 02142
Live Microsystems Inc is a United States-based mobile internet powerhouses for network operators, consumer device manufacturers, brands and media companies entering the mobile market.