RLND (RoyaLand Co) Quick Ratio: 0.66 (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is RoyaLand Co Quick Ratio?

RoyaLand Co RLND Quick Ratio is 0.66 as of Dec. 2022.

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. RoyaLand Co's quick ratio for the quarter that ended in Dec. 2022 was 0.66.

RoyaLand Co has a quick ratio of 0.66. It indicates that the company cannot currently fully pay back its current liabilities.

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

RLND's Quick Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 2
* Ranked among companies with meaningful Quick Ratio only.

RoyaLand Co  (NAS:RLND) 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.


RoyaLand Co Quick Ratio Related Terms


RoyaLand Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for RoyaLand Co'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.

RoyaLand Co Quick Ratio Chart

RoyaLand Co Annual Data
Trend Jun22
Quick Ratio
4.18

RoyaLand Co Quarterly Data
Dec21 Jun22 Dec22
Quick Ratio 0.00 4.18 0.66

RLND vs : Quick Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, RoyaLand Co'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.


RoyaLand Co Quick Ratio vs Interactive Media Industry

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

* The bar in red indicates where RoyaLand Co's Quick Ratio falls into.



RoyaLand Co 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.

RoyaLand Co's Quick Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Quick Ratio (A: Jun. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.071-0)/0.017
=4.18

RoyaLand Co's Quick Ratio for the quarter that ended in Dec. 2022 is calculated as

Quick Ratio (Q: Dec. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.109-0)/0.166
=0.66

* 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 0.66 mean?
RoyaLand Co (RLND) has a Quick Ratio of 0.66 as of Dec. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on RoyaLand Co and its competitors.
Is RoyaLand Co's Quick Ratio too high?
RoyaLand Co's current Quick Ratio is 0.66. The Interactive Media industry median Quick Ratio is 2.00. RoyaLand Co's value of 0.66 is 67% below this industry median.
How does RoyaLand Co's Quick Ratio compare to ?
RoyaLand Co's Quick Ratio of 0.66 can be compared against companies in the Interactive Media industry. The industry median Quick Ratio is 2.00. RoyaLand Co's value of 0.66 is 67% 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 2.00, based on 561 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. RoyaLand Co's current Quick Ratio of 0.66 is 67% 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 RoyaLand Co and its competitors. For the Interactive Media industry, the median Quick Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RoyaLand Co's current Quick Ratio is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RoyaLand Co stock overvalued right now?
RoyaLand Co (RLND) has a current Quick Ratio of 0.66. The current Quick Ratio is 0.66 and 67% below the Interactive Media industry median of 2.00. 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 RoyaLand Co (RLND), the current Quick Ratio is 0.66 as of Dec. 2022. 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.

RoyaLand Co Business Description

Comparable Companies
Address 2 Church Street, Clarendon House, Pembroke, Hamilton, BMU, HM11
RoyaLand Co Ltd is a Bermuda holding company focused on creating an online and offline immersive, fantasy-based royalty-themed experience called myRoyal.World, primarily centered around a mobile-first massively multiplayer online role-playing game, or MMORPG, called TheRoyal.Land. It is actively focused on developing a novel, interactive and immersive game based on a player-empowered design. The company plans to build proprietary digital avatars and provide opportunities to players to earn in-game reward currency, build virtual land, and own their online assets while enhancing all of these features with premium incremental in-game content.