MJDS (MOJO Data Solutions) Quick Ratio: 0.20 (As of Dec. 2021)

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What is MOJO Data Solutions Quick Ratio?

MOJO Data Solutions MJDS Quick Ratio is 0.20 as of Dec. 2021.

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. MOJO Data Solutions's quick ratio for the quarter that ended in Dec. 2021 was 0.20.

MOJO Data Solutions has a quick ratio of 0.20. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for MOJO Data Solutions's Quick Ratio or its related term are showing as below:

MJDS's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.7
* Ranked among companies with meaningful Quick Ratio only.

MOJO Data Solutions  (OTCPK:MJDS) 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.


MOJO Data Solutions Quick Ratio Related Terms


MOJO Data Solutions Quick Ratio Historical Data

* Premium members only.

The historical data trend for MOJO Data Solutions'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.

MOJO Data Solutions Quick Ratio Chart

MOJO Data Solutions Annual Data
Trend Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.47 0.00 0.20

MOJO Data Solutions Semi-Annual Data
Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.47 0.00 0.20

MJDS vs FRZT, TAPM: Quick Ratio Comparison

For the Software - Application subindustry, MOJO Data Solutions'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.


MOJO Data Solutions Quick Ratio vs Software Industry

For the Software industry and Technology sector, MOJO Data Solutions's Quick Ratio distribution charts can be found below:

* The bar in red indicates where MOJO Data Solutions's Quick Ratio falls into.



MOJO Data Solutions 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.

MOJO Data Solutions's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Quick Ratio (A: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.004-0)/0.02
=0.20

MOJO Data Solutions's Quick Ratio for the quarter that ended in Dec. 2021 is calculated as

Quick Ratio (Q: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.004-0)/0.02
=0.20

* 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 0.20 mean?
MOJO Data Solutions (MJDS) has a Quick Ratio of 0.20 as of Dec. 2021. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MOJO Data Solutions and its competitors.
Is MOJO Data Solutions' Quick Ratio too high?
MOJO Data Solutions' current Quick Ratio is 0.20. The Software industry median Quick Ratio is 1.70. MOJO Data Solutions' value of 0.20 is 88.2% below this industry median.
How does MOJO Data Solutions' Quick Ratio compare to FRZT and TAPM?
MOJO Data Solutions' Quick Ratio of 0.20 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.70. MOJO Data Solutions' value of 0.20 is 88.2% 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 a Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,876 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. MOJO Data Solutions's current Quick Ratio of 0.20 is 88.2% 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 MOJO Data Solutions and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MOJO Data Solutions's current Quick Ratio is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MOJO Data Solutions stock overvalued right now?
MOJO Data Solutions (MJDS) has a current Quick Ratio of 0.20. The current Quick Ratio is 0.20 and 88.2% below the Software industry median of 1.70. 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 MOJO Data Solutions (MJDS), the current Quick Ratio is 0.20 as of Dec. 2021. 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.

MOJO Data Solutions Business Description

Address 1250 Ave Ponce De Leon, Suite 301, PMB 0907, San Juan, PRI, 00907-3976
MOJO Data Solutions Inc is engaged in the development of smartphone applications that enable consumers to interact with traditional media. The firm delivers multimedia mobile visual search and content delivery platforms on the handset with data processing and campaign management tools. It offers a campaign management suite that includes Mojo Tags, which allows consumers to connect with the digital content and experiences of brands through smartphones; Mojo Insights which offers solutions for managing mobile campaigns and connecting consumers to Internet content from traditional media; Mojo Tags App, a multimedia scanning application; and Mojo Touch solutions. The company also has Mojo Beacons, which delivers in-store customer experiences.