Be Heard Group (LSE:BHRD) Quick Ratio: 0.71 (As of Dec. 2019) — 16% Below Median


What is Be Heard Group Quick Ratio?

Be Heard Group LSE:BHRD Quick Ratio is 0.71 as of Dec. 2019, which is 16% below its 10-year median of 0.85. The stock has 3 warning signs investors should review.

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. Be Heard Group's quick ratio for the quarter that ended in Dec. 2019 was 0.71.

Be Heard Group has a quick ratio of 0.71. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Be Heard Group's Quick Ratio or its related term are showing as below:

LSE:BHRD' s Quick Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.85   Max: 222.67
Current: 0.57

During the past 4 years, Be Heard Group's highest Quick Ratio was 222.67. The lowest was 0.57. And the median was 0.85.

LSE:BHRD's Quick Ratio is not ranked
in the Media - Diversified industry.
Industry Median: 1.46 vs LSE:BHRD: 0.57

Be Heard Group  (LSE:BHRD) 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.


Be Heard Group Quick Ratio Related Terms


Be Heard Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Be Heard Group'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.

Be Heard Group Quick Ratio Chart

Be Heard Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Quick Ratio
1.08 0.94 0.85 0.67

Be Heard Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.63 0.67 0.57 0.71

LSE:BHRD vs LEVB, INUV, MKGI: Quick Ratio Comparison

For the Advertising Agencies subindustry, Be Heard Group'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.


Be Heard Group Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Be Heard Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Be Heard Group's Quick Ratio falls into.



Be Heard Group 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.

Be Heard Group's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(14.707-0)/22.071
=0.67

Be Heard Group's Quick Ratio for the quarter that ended in Dec. 2019 is calculated as

Quick Ratio (Q: Dec. 2019 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(12.423-0)/17.494
=0.71

* 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 0.71 mean?
Be Heard Group (LSE:BHRD) has a Quick Ratio of 0.71 as of Dec. 2019. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Be Heard Group and its competitors. This is 16% below median its historical median of 0.85. Over the past decade, Be Heard Group's Quick Ratio has ranged from 0.57 to 222.67.
Is Be Heard Group's Quick Ratio too high?
Be Heard Group's current Quick Ratio of 0.71 is 16% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 222.67. The Media - Diversified industry median Quick Ratio is 1.46. Be Heard Group's value of 0.71 is 51.4% below this industry median.
How does Be Heard Group's Quick Ratio compare to LEVB and INUV?
Be Heard Group's Quick Ratio of 0.71 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.46. Be Heard Group's value of 0.71 is 51.4% below this benchmark. Historically, Be Heard Group's own Quick Ratio has ranged from 0.57 to 222.67 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.46, Be Heard Group has consistently been below the industry average. 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,031 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. Be Heard Group's current Quick Ratio of 0.71 is 51.4% 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 Be Heard Group and its competitors. For the Media - Diversified 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. Be Heard Group's current Quick Ratio is 0.71, which is 16% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Be Heard Group stock overvalued right now?
Be Heard Group (LSE:BHRD) has a current Quick Ratio of 0.71. The current Quick Ratio is 0.71, which is 16% below median its 10-year median of 0.85 and 51.4% below the Media - Diversified 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 Be Heard Group (LSE:BHRD), the current Quick Ratio is 0.71 as of Dec. 2019. 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.

Be Heard Group Business Description

Address 53 Frith Street, London, GBR, W1D 4SN
Be Heard Group PLC is a United Kingdoms-based digital marketing group operating at the intersection of marketing, technology, and e-commerce. Its segments include Be Heard Group; Design, Build and UX; Media Planning and Buying; Content Management; Analytics Consultancy; and Full-Service Agency. It plans, buys and manages multi-channel marketing campaigns including paid search, search engine optimization, paid social media, programmatic and negotiated display media across desktop, mobile and other digitally connected devices. Most of the company's revenue is generated from the media planning and buying segment in the UK. Geographically it operates in the UK and Non-UK segments.