Wellbeing Digital Sciences (STU:SQ2) Quick Ratio: 0.41 (As of Apr. 2022)

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What is Wellbeing Digital Sciences Quick Ratio?

Wellbeing Digital Sciences STU:SQ2 Quick Ratio is 0.41 as of Apr. 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. Wellbeing Digital Sciences's quick ratio for the quarter that ended in Apr. 2022 was 0.41.

Wellbeing Digital Sciences has a quick ratio of 0.41. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Wellbeing Digital Sciences's Quick Ratio or its related term are showing as below:

STU:SQ2's Quick Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.295
* Ranked among companies with meaningful Quick Ratio only.

Wellbeing Digital Sciences  (STU:SQ2) 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.


Wellbeing Digital Sciences Quick Ratio Related Terms


Wellbeing Digital Sciences Quick Ratio Historical Data

* Premium members only.

The historical data trend for Wellbeing Digital Sciences'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.

Wellbeing Digital Sciences Quick Ratio Chart

Wellbeing Digital Sciences Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Quick Ratio
10.60 55.20 211.67 78.55 3.23

Wellbeing Digital Sciences Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 155.21 3.23 1.36 0.88 0.41

STU:SQ2 vs SPIN, RHE, BNKL: Quick Ratio Comparison

For the Medical Care Facilities subindustry, Wellbeing Digital Sciences'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.


Wellbeing Digital Sciences Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wellbeing Digital Sciences's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Wellbeing Digital Sciences's Quick Ratio falls into.



Wellbeing Digital Sciences 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.

Wellbeing Digital Sciences's Quick Ratio for the fiscal year that ended in Jul. 2021 is calculated as

Quick Ratio (A: Jul. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3.337-0)/1.032
=3.23

Wellbeing Digital Sciences's Quick Ratio for the quarter that ended in Apr. 2022 is calculated as

Quick Ratio (Q: Apr. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.285-0)/3.151
=0.41

* 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 0.41 mean?
Wellbeing Digital Sciences (STU:SQ2) has a Quick Ratio of 0.41 as of Apr. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wellbeing Digital Sciences and its competitors.
Is Wellbeing Digital Sciences' Quick Ratio too high?
Wellbeing Digital Sciences' current Quick Ratio is 0.41. The Healthcare Providers & Services industry median Quick Ratio is 1.30. Wellbeing Digital Sciences' value of 0.41 is 68.3% below this industry median.
How does Wellbeing Digital Sciences' Quick Ratio compare to SPIN and RHE?
Wellbeing Digital Sciences' Quick Ratio of 0.41 can be compared against companies in the Healthcare Providers & Services industry. The industry median Quick Ratio is 1.30. Wellbeing Digital Sciences' value of 0.41 is 68.3% 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.30, based on 686 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. Wellbeing Digital Sciences's current Quick Ratio of 0.41 is 68.3% 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 Wellbeing Digital Sciences and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wellbeing Digital Sciences's current Quick Ratio is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wellbeing Digital Sciences stock overvalued right now?
Wellbeing Digital Sciences (STU:SQ2) has a current Quick Ratio of 0.41. The current Quick Ratio is 0.41 and 68.3% below the Healthcare Providers & Services industry median of 1.30. 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 Wellbeing Digital Sciences (STU:SQ2), the current Quick Ratio is 0.41 as of Apr. 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.

Wellbeing Digital Sciences Business Description

Address 275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1
Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.