SRMX (Saddle Ranch Media) Quick Ratio: 0.05 (As of Dec. 2014)

Saddle Ranch Media  (OTCPK:SRMX) 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.

Saddle Ranch Media Quick Ratio Related Terms

The historical data trend for Saddle Ranch Media'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.

Saddle Ranch Media Quick Ratio Chart

Saddle Ranch Media Annual Data
	Trend	Dec97	Dec98	Dec99	Dec00	Dec01	Dec06	Dec07	Dec12	Dec13	Dec14
Quick Ratio		Get a 7-Day Free Trial					0.09	0.24	0.00	0.81	0.05

Saddle Ranch Media Quarterly Data
	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec12	Sep13	Dec13	Jun14	Sep14	Dec14
Quick Ratio	Get a 7-Day Free Trial															0.00	0.81	0.08	0.02	0.05

SRMX vs INMG, VNUE, FLCR: Quick Ratio Comparison

For the Scientific & Technical Instruments subindustry, Saddle Ranch Media'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.

Saddle Ranch Media Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Saddle Ranch Media's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Saddle Ranch Media's Quick Ratio falls into.

Saddle Ranch Media 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.

Saddle Ranch Media's Quick Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Saddle Ranch Media's Quick Ratio for the quarter that ended in Dec. 2014 is calculated as

* 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.

Saddle Ranch Media Business Description