SSGOF (Stop Sleep Go) Quick Ratio: 0.13 (As of Jul. 2016)


What is Stop Sleep Go Quick Ratio?

Stop Sleep Go SSGOF -99.98% Quick Ratio is 0.13 as of Jul. 2016.

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. Stop Sleep Go's quick ratio for the quarter that ended in Jul. 2016 was 0.13.

Stop Sleep Go has a quick ratio of 0.13. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Stop Sleep Go's Quick Ratio or its related term are showing as below:

SSGOF's Quick Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.87
* Ranked among companies with meaningful Quick Ratio only.

Stop Sleep Go  (OTCPK:SSGOF) 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.


Stop Sleep Go Quick Ratio Related Terms


Stop Sleep Go Quick Ratio Historical Data

* Premium members only.

The historical data trend for Stop Sleep Go'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.

Stop Sleep Go Quick Ratio Chart

Stop Sleep Go Annual Data
Trend Oct12 Oct13 Oct14 Oct15
Quick Ratio
12.00 0.00 0.00 0.07

Stop Sleep Go Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 0.00 0.07 0.00 0.23 0.13

SSGOF vs HGGGQ, ELTZ, EFTB: Quick Ratio Comparison

For the Specialty Retail subindustry, Stop Sleep Go'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.


Stop Sleep Go Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Stop Sleep Go's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Stop Sleep Go's Quick Ratio falls into.



Stop Sleep Go 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.

Stop Sleep Go's Quick Ratio for the fiscal year that ended in Oct. 2015 is calculated as

Quick Ratio (A: Oct. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.006-0)/0.092
=0.07

Stop Sleep Go's Quick Ratio for the quarter that ended in Jul. 2016 is calculated as

Quick Ratio (Q: Jul. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.014-0)/0.106
=0.13

* 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 0.13 mean?
Stop Sleep Go (SSGOF) has a Quick Ratio of 0.13 as of Jul. 2016. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Stop Sleep Go and its competitors.
Is Stop Sleep Go's Quick Ratio too high?
Stop Sleep Go's current Quick Ratio is 0.13. The Retail - Cyclical industry median Quick Ratio is 0.87. Stop Sleep Go's value of 0.13 is 85.1% below this industry median.
How does Stop Sleep Go's Quick Ratio compare to HGGGQ and ELTZ?
Stop Sleep Go's Quick Ratio of 0.13 can be compared against companies in the Retail - Cyclical industry. The industry median Quick Ratio is 0.87. Stop Sleep Go's value of 0.13 is 85.1% 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,132 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. Stop Sleep Go's current Quick Ratio of 0.13 is 85.1% 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 Stop Sleep Go and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stop Sleep Go's current Quick Ratio is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stop Sleep Go stock overvalued right now?
Stop Sleep Go (SSGOF) has a current Quick Ratio of 0.13. The current Quick Ratio is 0.13 and 85.1% below the Retail - Cyclical industry median of 0.87. 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 Stop Sleep Go (SSGOF), the current Quick Ratio is 0.13 as of Jul. 2016. 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.

Stop Sleep Go Business Description

Address 8 Hysan Avenue, 2/Floor, Eton Tower, Causeway Bay, Hong Kong, HKG
Stop Sleep Go Inc is active in the retail industry. The company focuses on operating as an internet marketer, auctioneer, dealer and broker of various products and services relating to fine art, fashion, and design. It also focuses on operating as a facilitator and intermediary to all those purveyors of specialized goods that it provides through its onsite broadcasts. It also plans to operate a real-time auction Internet streaming broadcast from various geographic locations around the world that will focus specifically on representing and promoting distinct goods.