Voyager Digital (STU:UCD2) Quick Ratio: 0.43 (As of Mar. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:UCD2 Voyager Digital Ltd STU:UCD2
12 GF Score
Price €0.31
View Full Analysis

What is Voyager Digital Quick Ratio?

Voyager Digital STU:UCD2 12 Quick Ratio is 0.43 as of Mar. 2022. GuruFocus rates STU:UCD2 with a GF Score™ of 12/100.

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. Voyager Digital's quick ratio for the quarter that ended in Mar. 2022 was 0.43.

Voyager Digital has a quick ratio of 0.43. It indicates that the company cannot currently fully pay back its current liabilities.

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

STU:UCD2's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.69
* Ranked among companies with meaningful Quick Ratio only.

Voyager Digital  (STU:UCD2) 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.


Voyager Digital Quick Ratio Related Terms


Voyager Digital Quick Ratio Historical Data

* Premium members only.

The historical data trend for Voyager Digital'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.

Voyager Digital Quick Ratio Chart

Voyager Digital Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 1.20 0.64 0.66 0.27

Voyager Digital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.23 0.27 0.34 0.53 0.43

STU:UCD2 vs IONI, APYP, INPX: Quick Ratio Comparison

For the Software - Application subindustry, Voyager Digital'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.


Voyager Digital Quick Ratio vs Software Industry

For the Software industry and Technology sector, Voyager Digital's Quick Ratio distribution charts can be found below:

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


STU:UCD2
12GF Score
Voyager Digital Ltd STU:UCD2
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voyager Digital 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.

Voyager Digital's Quick Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Quick Ratio (A: Jun. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2551.373-1897.711)/2398.95
=0.27

Voyager Digital's Quick Ratio for the quarter that ended in Mar. 2022 is calculated as

Quick Ratio (Q: Mar. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5367.056-3117.293)/5204.297
=0.43

* 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 0.43 mean?
Voyager Digital (STU:UCD2) has a Quick Ratio of 0.43 as of Mar. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Voyager Digital and its competitors.
Is Voyager Digital's Quick Ratio too high?
Voyager Digital's current Quick Ratio is 0.43. The Software industry median Quick Ratio is 1.69. Voyager Digital's value of 0.43 is 74.6% below this industry median. Overall, Voyager Digital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Digital's Quick Ratio compare to IONI and APYP?
Voyager Digital's Quick Ratio of 0.43 can be compared against companies in the Software industry. The industry median Quick Ratio is 1.69. Voyager Digital's value of 0.43 is 74.6% 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 Software company?
The median Quick Ratio among Software companies is 1.69, based on 2,873 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. Voyager Digital's current Quick Ratio of 0.43 is 74.6% 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 Voyager Digital and its competitors. For the Software industry, the median Quick Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyager Digital's current Quick Ratio is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Digital stock overvalued right now?
Voyager Digital (STU:UCD2) has a current Quick Ratio of 0.43. The current Quick Ratio is 0.43 and 74.6% below the Software industry median of 1.69. Voyager Digital's overall GF Score™ is 12/100. 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 Voyager Digital (STU:UCD2), the current Quick Ratio is 0.43 as of Mar. 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.

Voyager Digital Business Description

Address 33 Irving Plaza, Suite 3060, New York, NY, USA, 10003
Voyager Digital Ltd through its subsidiary operates as a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet, and custody services through its institutional-grade open architecture platform.
12GF Score

Get the complete analysis for STU:UCD2

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.31
Price