MAQC (Maquia Capital Acquisition) Quick Ratio: 0.06 (As of Sep. 2024)

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MAQC Maquia Capital Acquisition Corp MAQC
40 GF Score
Price $2.36
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What is Maquia Capital Acquisition Quick Ratio?

Maquia Capital Acquisition MAQC 40 Quick Ratio is 0.06 as of Sep. 2024. GuruFocus rates MAQC with a GF Score™ of 40/100.

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. Maquia Capital Acquisition's quick ratio for the quarter that ended in Sep. 2024 was 0.06.

Maquia Capital Acquisition has a quick ratio of 0.06. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Maquia Capital Acquisition's Quick Ratio or its related term are showing as below:

MAQC's Quick Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.995
* Ranked among companies with meaningful Quick Ratio only.

Maquia Capital Acquisition  (OTCPK:MAQC) 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.


Maquia Capital Acquisition Quick Ratio Related Terms


Maquia Capital Acquisition Quick Ratio Historical Data

* Premium members only.

The historical data trend for Maquia Capital Acquisition'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.

Maquia Capital Acquisition Quick Ratio Chart

Maquia Capital Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Quick Ratio
1.94 0.07 0.14

Maquia Capital Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.14 0.11 0.06 0.06

MAQC vs CDAQF, BAYA, APXIF: Quick Ratio Comparison

For the Shell Companies subindustry, Maquia Capital Acquisition'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.


Maquia Capital Acquisition Quick Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Maquia Capital Acquisition's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Maquia Capital Acquisition's Quick Ratio falls into.


MAQC
40GF Score
Maquia Capital Acquisition Corp MAQC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maquia Capital Acquisition 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.

Maquia Capital Acquisition's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.626-0)/4.398
=0.14

Maquia Capital Acquisition's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as

Quick Ratio (Q: Sep. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.231-0)/4.19
=0.06

* 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 0.06 mean?
Maquia Capital Acquisition (MAQC) has a Quick Ratio of 0.06 as of Sep. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Maquia Capital Acquisition and its competitors.
Is Maquia Capital Acquisition's Quick Ratio too high?
Maquia Capital Acquisition's current Quick Ratio is 0.06. The Diversified Financial Services industry median Quick Ratio is 3.00. Maquia Capital Acquisition's value of 0.06 is 98% below this industry median. Overall, Maquia Capital Acquisition has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Maquia Capital Acquisition's Quick Ratio compare to CDAQF and BAYA?
Maquia Capital Acquisition's Quick Ratio of 0.06 can be compared against companies in the Diversified Financial Services industry. The industry median Quick Ratio is 3.00. Maquia Capital Acquisition's value of 0.06 is 98% 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 Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.00, based on 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. Maquia Capital Acquisition's current Quick Ratio of 0.06 is 98% 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 Maquia Capital Acquisition and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maquia Capital Acquisition's current Quick Ratio is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maquia Capital Acquisition stock overvalued right now?
Maquia Capital Acquisition (MAQC) has a current Quick Ratio of 0.06. The current Quick Ratio is 0.06 and 98% below the Diversified Financial Services industry median of 3.00. Maquia Capital Acquisition's overall GF Score™ is 40/100. 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 Maquia Capital Acquisition (MAQC), the current Quick Ratio is 0.06 as of Sep. 2024. 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.

Maquia Capital Acquisition Business Description

Address 50 Biscayne Boulevard, Suite 2406, Miami, FL, USA, 33132
Maquia Capital Acquisition Corp is a blank check company.
40GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.36
Price