RLTR (Reeltime Rentals) Quick Ratio: 0.35 (As of Dec. 2018)


What is Reeltime Rentals Quick Ratio?

Reeltime Rentals RLTR -13.66% Quick Ratio is 0.35 as of Dec. 2018.

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. Reeltime Rentals's quick ratio for the quarter that ended in Dec. 2018 was 0.35.

Reeltime Rentals has a quick ratio of 0.35. It indicates that the company cannot currently fully pay back its current liabilities.

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

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

Reeltime Rentals  (OTCPK:RLTR) 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.


Reeltime Rentals Quick Ratio Related Terms


Reeltime Rentals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Reeltime Rentals'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.

Reeltime Rentals Quick Ratio Chart

Reeltime Rentals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Quick Ratio
0.03 0.00 0.06 0.22 0.35

Reeltime Rentals Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.22 0.27 0.30 0.34 0.35

RLTR vs CXKJ, FPTA, OTTV: Quick Ratio Comparison

For the Entertainment subindustry, Reeltime Rentals'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.


Reeltime Rentals Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reeltime Rentals's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Reeltime Rentals's Quick Ratio falls into.



Reeltime Rentals 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.

Reeltime Rentals's Quick Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Quick Ratio (A: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.837-0)/2.411
=0.35

Reeltime Rentals's Quick Ratio for the quarter that ended in Dec. 2018 is calculated as

Quick Ratio (Q: Dec. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.837-0)/2.411
=0.35

* 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 0.35 mean?
Reeltime Rentals (RLTR) has a Quick Ratio of 0.35 as of Dec. 2018. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Reeltime Rentals and its competitors.
Is Reeltime Rentals' Quick Ratio too high?
Reeltime Rentals' current Quick Ratio is 0.35. The Media - Diversified industry median Quick Ratio is 1.46. Reeltime Rentals' value of 0.35 is 76% below this industry median.
How does Reeltime Rentals' Quick Ratio compare to CXKJ and FPTA?
Reeltime Rentals' Quick Ratio of 0.35 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.46. Reeltime Rentals' value of 0.35 is 76% 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. Reeltime Rentals's current Quick Ratio of 0.35 is 76% 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 Reeltime Rentals 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. Reeltime Rentals's current Quick Ratio is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reeltime Rentals stock overvalued right now?
Reeltime Rentals (RLTR) has a current Quick Ratio of 0.35. The current Quick Ratio is 0.35 and 76% 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 Reeltime Rentals (RLTR), the current Quick Ratio is 0.35 as of Dec. 2018. 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.

Reeltime Rentals Business Description

Address 4203 223rd Place SE, Bothell, WA, USA, 98021
Reeltime Rentals Inc develops, produces, and distributes Virtual Reality content and technologies. The company has an end to end production, editing, and distribution capabilities for internal and external projects. The company operates in three distinct business segments: Media Division, Virtual Reality and Content Production. It develops three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals including Gear VR, Oculus, Veer VR, Vimeo, LittlStar, IGTV, HTC Vive, YouTube, Facebook, and others. The company derives maximum revenue from Media Division Segment.