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SLE (Super League Enterprise) Quick Ratio : 0.55 (As of Dec. 2024)


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What is Super League Enterprise Quick Ratio?

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. Super League Enterprise's quick ratio for the quarter that ended in Dec. 2024 was 0.55.

Super League Enterprise has a quick ratio of 0.55. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Super League Enterprise's Quick Ratio or its related term are showing as below:

SLE' s Quick Ratio Range Over the Past 10 Years
Min: 0.32   Med: 3.97   Max: 9.62
Current: 0.55

During the past 9 years, Super League Enterprise's highest Quick Ratio was 9.62. The lowest was 0.32. And the median was 3.97.

SLE's Quick Ratio is ranked worse than
86.08% of 582 companies
in the Interactive Media industry
Industry Median: 1.985 vs SLE: 0.55

Super League Enterprise Quick Ratio Historical Data

The historical data trend for Super League Enterprise'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.

* Premium members only.

Super League Enterprise Quick Ratio Chart

Super League Enterprise Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 5.12 3.97 0.93 1.25 0.55

Super League Enterprise Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.25 1.09 0.82 0.69 0.55

Competitive Comparison of Super League Enterprise's Quick Ratio

For the Internet Content & Information subindustry, Super League Enterprise'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.


Super League Enterprise's Quick Ratio Distribution in the Interactive Media Industry

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

* The bar in red indicates where Super League Enterprise's Quick Ratio falls into.


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Super League Enterprise 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.

Super League Enterprise's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5.753-0)/10.445
=0.55

Super League Enterprise's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5.753-0)/10.445
=0.55

* 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.


Super League Enterprise  (NAS:SLE) 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.


Super League Enterprise Quick Ratio Related Terms

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Super League Enterprise Business Description

Traded in Other Exchanges
N/A
Address
2856 Colorado Avenue, Santa Monica, CA, USA, 90404
Super League Enterprise Inc is the rocket ship to the metaverse. It is a creator and publisher of content experiences and media solutions across the globe's immersive platforms. Its solutions provide incomparable access to massive audiences that gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn and create. The company offers a complete range of development, distribution, monetization and optimization capabilities designed to engage users through dynamic, energized programs. It generates revenue from advertising including immersive game world and experience publishing and in-game media products, direct to consumer offers, including in-game items, e-commerce, game passes and ticketing and digital collectibles, and content and technology.
Executives
Jeff Patrick Gehl director 3366 VIA LIDO, NEWPORT BEACH CA 92663
Ann Hand director, officer: CEO and President 2906 COLORADO AVE., SANTA MONICA CA 90404
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Michael Wann director, officer: CHIEF STRATEGY OFFICER C/O SUPER LEAGUE GAMING, INC., 2912 COLORADO AVENUE SUITE 203, SANTA MONICA CA 90404
Michael R Keller director 2906 COLORADO AVE, SANTA MONICA CA 90404
Mark Jung director C/O VITACOST.COM, INC., 5400 BROKEN SOUND BLVD NW, SUITE 500, BOCA RATON FL 33487
Matthew Evan Edelman officer: Chief Commercial Officer 621 20TH ST., SANTA MONICA CA 90402
Clayton J Haynes officer: Chief Financial Officer C/O ACACIA RESEARCH CORPORATION, 500 NEWPORT CENTER DRIVE, 7TH FLOOR, NEWPORT BEACH CA 92660
Samir Ahmed officer: CHIEF TECHNOLOGY OFFICER C/O SUPER LEAGUE GAMING, INC., 2906 COLORADO AVE., SANTA MONICA CA 90404
Stewart Robert B Jr director 520 NEWPORT CENTER DR., 12TH FLOOR, NEWPORT BEACH CA 92660
David J. Steigelfest director, officer: Chief Product and Tech Officer 2906 COLORADO AVE, SANTA MONICA CA 90404
Kristin Patrick director 3329 CAY DRIVE, SHERMAN OAKS CA 91423