Meglioquesto SpA (MIL:MQSPA) Quick Ratio: 1.60 (As of Jun. 2023)


MIL:MQSPA Meglioquesto SpA MIL:MQSPA
20 GF Score
Price €0.22
View Full Analysis

What is Meglioquesto SpA Quick Ratio?

Meglioquesto SpA MIL:MQSPA 20 Quick Ratio is 1.60 as of Jun. 2023. GuruFocus rates MIL:MQSPA with a GF Score™ of 20/100.

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. Meglioquesto SpA's quick ratio for the quarter that ended in Jun. 2023 was 1.60.

Meglioquesto SpA has a quick ratio of 1.60. It generally indicates good short-term financial strength.

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

MIL:MQSPA's Quick Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 2.04
* Ranked among companies with meaningful Quick Ratio only.

Meglioquesto SpA  (MIL:MQSPA) 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.


Meglioquesto SpA Quick Ratio Related Terms


Meglioquesto SpA Quick Ratio Historical Data

* Premium members only.

The historical data trend for Meglioquesto SpA'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.

Meglioquesto SpA Quick Ratio Chart

Meglioquesto SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Quick Ratio
1.14 1.48 1.85 1.42

Meglioquesto SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Quick Ratio Get a 7-Day Free Trial 3.11 1.85 1.54 1.42 1.60

MIL:MQSPA vs GOOGL, META, BIDU: Quick Ratio Comparison

For the Internet Content & Information subindustry, Meglioquesto SpA'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.


Meglioquesto SpA Quick Ratio vs Interactive Media Industry

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

* The bar in red indicates where Meglioquesto SpA's Quick Ratio falls into.


MIL:MQSPA
20GF Score
Meglioquesto SpA MIL:MQSPA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meglioquesto SpA 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.

Meglioquesto SpA's Quick Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Quick Ratio (A: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(58.405-0.489)/40.774
=1.42

Meglioquesto SpA's Quick Ratio for the quarter that ended in Jun. 2023 is calculated as

Quick Ratio (Q: Jun. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(53.69-0.295)/33.425
=1.60

* 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 1.60 mean?
Meglioquesto SpA (MIL:MQSPA) has a Quick Ratio of 1.60 as of Jun. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Meglioquesto SpA and its competitors.
Is Meglioquesto SpA's Quick Ratio too high?
Meglioquesto SpA's current Quick Ratio is 1.60. The Interactive Media industry median Quick Ratio is 2.04. Meglioquesto SpA's value of 1.60 is 21.6% below this industry median. Overall, Meglioquesto SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Meglioquesto SpA's Quick Ratio compare to GOOGL and META?
Meglioquesto SpA's Quick Ratio of 1.60 can be compared against companies in the Interactive Media industry. The industry median Quick Ratio is 2.04. Meglioquesto SpA's value of 1.60 is 21.6% 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 an Interactive Media company?
The median Quick Ratio among Interactive Media companies is 2.04, based on 565 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. Meglioquesto SpA's current Quick Ratio of 1.60 is 21.6% 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 Meglioquesto SpA and its competitors. For the Interactive Media industry, the median Quick Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meglioquesto SpA's current Quick Ratio is 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meglioquesto SpA stock overvalued right now?
Meglioquesto SpA (MIL:MQSPA) has a current Quick Ratio of 1.60. The current Quick Ratio is 1.60 and 21.6% below the Interactive Media industry median of 2.04. Meglioquesto SpA's overall GF Score™ is 20/100. 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 Meglioquesto SpA (MIL:MQSPA), the current Quick Ratio is 1.60 as of Jun. 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.

Meglioquesto SpA Business Description

Address Via Tucidide, 56, Milano, ITA, 20134
Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.
20GF Score

Get the complete analysis for MIL:MQSPA

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

€0.22
Price