LTCP (Life's Time Capsule Services) Quick Ratio: 0.32 (As of Sep. 2014)


What is Life's Time Capsule Services Quick Ratio?

Life's Time Capsule Services LTCP Quick Ratio is 0.32 as of Sep. 2014.

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. Life's Time Capsule Services's quick ratio for the quarter that ended in Sep. 2014 was 0.32.

Life's Time Capsule Services has a quick ratio of 0.32. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Life's Time Capsule Services's Quick Ratio or its related term are showing as below:

LTCP's Quick Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 2.03
* Ranked among companies with meaningful Quick Ratio only.

Life's Time Capsule Services  (OTCPK:LTCP) 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.


Life's Time Capsule Services Quick Ratio Related Terms


Life's Time Capsule Services Quick Ratio Historical Data

* Premium members only.

The historical data trend for Life's Time Capsule Services'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.

Life's Time Capsule Services Quick Ratio Chart

Life's Time Capsule Services Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Quick Ratio
4.31 264.83 18.09 4.97 1.11

Life's Time Capsule Services Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 1.60 1.11 0.66 0.50 0.32

LTCP vs FPTA, CXKJ, OTTV: Quick Ratio Comparison

For the Internet Content & Information subindustry, Life's Time Capsule Services'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.


Life's Time Capsule Services Quick Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Life's Time Capsule Services's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Life's Time Capsule Services's Quick Ratio falls into.



Life's Time Capsule Services 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.

Life's Time Capsule Services'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
=(0.276-0)/0.248
=1.11

Life's Time Capsule Services's Quick Ratio for the quarter that ended in Sep. 2014 is calculated as

Quick Ratio (Q: Sep. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.192-0)/0.602
=0.32

* 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 0.32 mean?
Life's Time Capsule Services (LTCP) has a Quick Ratio of 0.32 as of Sep. 2014. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Life's Time Capsule Services and its competitors.
Is Life's Time Capsule Services' Quick Ratio too high?
Life's Time Capsule Services' current Quick Ratio is 0.32. The Interactive Media industry median Quick Ratio is 2.03. Life's Time Capsule Services' value of 0.32 is 84.2% below this industry median.
How does Life's Time Capsule Services' Quick Ratio compare to FPTA and CXKJ?
Life's Time Capsule Services' Quick Ratio of 0.32 can be compared against companies in the Interactive Media industry. The industry median Quick Ratio is 2.03. Life's Time Capsule Services' value of 0.32 is 84.2% 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 Interactive Media company?
The median Quick Ratio among Interactive Media companies is 2.03, based on 566 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. Life's Time Capsule Services's current Quick Ratio of 0.32 is 84.2% 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 Life's Time Capsule Services and its competitors. For the Interactive Media industry, the median Quick Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life's Time Capsule Services's current Quick Ratio is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life's Time Capsule Services stock overvalued right now?
Life's Time Capsule Services (LTCP) has a current Quick Ratio of 0.32. The current Quick Ratio is 0.32 and 84.2% below the Interactive Media industry median of 2.03. 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 Life's Time Capsule Services (LTCP), the current Quick Ratio is 0.32 as of Sep. 2014. 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.

Life's Time Capsule Services Business Description

Address 401 Continental Drive, Suite 401 - 703, Newark, DE, USA, 19713
Life's Time Capsule Services Inc is a Technology holding company which provides services in social media, data storage, and digital reminiscence therapy for Alzheimers patients. These services are unified under a single platform, designed in concert with Amazons S3 network infrastructure, with mobile apps available in both the iTunes and Google Play stores.