MSNVF (Mission Ready Solutions) Quick Ratio: 0.08 (As of Mar. 2023)

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MSNVF Mission Ready Solutions Inc MSNVF
12 GF Score
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What is Mission Ready Solutions Quick Ratio?

Mission Ready Solutions MSNVF -99.89% 12 Quick Ratio is 0.08 as of Mar. 2023. GuruFocus rates MSNVF with a GF Score™ of 12/100.

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. Mission Ready Solutions's quick ratio for the quarter that ended in Mar. 2023 was 0.08.

Mission Ready Solutions has a quick ratio of 0.08. It indicates that the company cannot currently fully pay back its current liabilities.

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

MSNVF's Quick Ratio is not ranked *
in the Aerospace & Defense industry.
Industry Median: 1.3
* Ranked among companies with meaningful Quick Ratio only.

Mission Ready Solutions  (OTCPK:MSNVF) 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.


Mission Ready Solutions Quick Ratio Related Terms


Mission Ready Solutions Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mission Ready 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.

Mission Ready Solutions Quick Ratio Chart

Mission Ready Solutions Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.36 0.46 2.40 0.14

Mission Ready Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 1.72 1.17 0.58 0.14 0.08

MSNVF vs BANT, RNWR, HWKE: Quick Ratio Comparison

For the Aerospace & Defense subindustry, Mission Ready 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.


Mission Ready Solutions Quick Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Mission Ready Solutions's Quick Ratio falls into.


MSNVF
12GF Score
Mission Ready Solutions Inc MSNVF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mission Ready 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.

Mission Ready Solutions'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
=(1.154-0.177)/6.934
=0.14

Mission Ready Solutions's Quick Ratio for the quarter that ended in Mar. 2023 is calculated as

Quick Ratio (Q: Mar. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.783-0.241)/6.99
=0.08

* 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 0.08 mean?
Mission Ready Solutions (MSNVF) has a Quick Ratio of 0.08 as of Mar. 2023. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mission Ready Solutions and its competitors.
Is Mission Ready Solutions' Quick Ratio too high?
Mission Ready Solutions' current Quick Ratio is 0.08. The Aerospace & Defense industry median Quick Ratio is 1.30. Mission Ready Solutions' value of 0.08 is 93.8% below this industry median. Overall, Mission Ready Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mission Ready Solutions' Quick Ratio compare to BANT and RNWR?
Mission Ready Solutions' Quick Ratio of 0.08 can be compared against companies in the Aerospace & Defense industry. The industry median Quick Ratio is 1.30. Mission Ready Solutions' value of 0.08 is 93.8% 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 Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.30, based on 359 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. Mission Ready Solutions's current Quick Ratio of 0.08 is 93.8% 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 Mission Ready Solutions and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mission Ready Solutions's current Quick Ratio is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mission Ready Solutions stock overvalued right now?
Mission Ready Solutions (MSNVF) has a current Quick Ratio of 0.08. The current Quick Ratio is 0.08 and 93.8% below the Aerospace & Defense industry median of 1.30. Mission Ready Solutions' overall GF Score™ is 12/100. 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 Mission Ready Solutions (MSNVF), the current Quick Ratio is 0.08 as of Mar. 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.

Mission Ready Solutions Business Description

Address 1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.
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