MIKP (Mike The Pike Productions) Quick Ratio: 0.02 (As of Sep. 2023)


What is Mike The Pike Productions Quick Ratio?

Mike The Pike Productions MIKP Quick Ratio is 0.02 as of Sep. 2023.

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. Mike The Pike Productions's quick ratio for the quarter that ended in Sep. 2023 was 0.02.

Mike The Pike Productions 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 Mike The Pike Productions's Quick Ratio or its related term are showing as below:

MIKP's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.46
* Ranked among companies with meaningful Quick Ratio only.

Mike The Pike Productions  (OTCPK:MIKP) 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.

Mike The Pike Productions Quick Ratio Related Terms

Mike The Pike Productions Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mike The Pike Productions'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.

Mike The Pike Productions Quick Ratio Chart

Mike The Pike Productions Annual Data
Trend
Quick Ratio

Mike The Pike Productions Quarterly Data
Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Quick Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.02

MIKP vs BOTY, GFMH, CSSEQ: Quick Ratio Comparison

For the Entertainment subindustry, Mike The Pike Productions'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.

Mike The Pike Productions Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mike The Pike Productions's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Mike The Pike Productions's Quick Ratio falls into.


Mike The Pike Productions 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.

Mike The Pike Productions's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Quick Ratio (A: . 20 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(-)/
=

Mike The Pike Productions's Quick Ratio for the quarter that ended in Sep. 2023 is calculated as

Quick Ratio (Q: Sep. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.003-0)/0.199
=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?
Mike The Pike Productions (MIKP) has a Quick Ratio of 0.02 as of Sep. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mike The Pike Productions and its competitors.
Is Mike The Pike Productions' Quick Ratio too high?
Mike The Pike Productions' current Quick Ratio is 0.02. The Media - Diversified industry median Quick Ratio is 1.46. Mike The Pike Productions' value of 0.02 is 98.6% below this industry median.
How does Mike The Pike Productions' Quick Ratio compare to BOTY and GFMH?
Mike The Pike Productions' Quick Ratio of 0.02 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.46. Mike The Pike Productions' value of 0.02 is 98.6% 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,039 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. Mike The Pike Productions's current Quick Ratio of 0.02 is 98.6% 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 Mike The Pike Productions 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. Mike The Pike Productions'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 Mike The Pike Productions stock overvalued right now?
Mike The Pike Productions (MIKP) has a current Quick Ratio of 0.02. The current Quick Ratio is 0.02 and 98.6% 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 Mike The Pike Productions (MIKP), the current Quick Ratio is 0.02 as of Sep. 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.

Mike The Pike Productions Business Description

Address 20860 N Tatum Boulevard, Suite 300, Phoenix, AZ, USA, 85050
Mike The Pike Productions Inc operates as a media holdings company with focus in the entertainment industry, including motion picture/entertainment content development, production & distribution, graphic novels, and literary assets.