SVAD (Silverton Adventures) Quick Ratio: 0.02 (As of Sep. 2014)


What is Silverton Adventures Quick Ratio?

Silverton Adventures SVAD Quick Ratio is 0.02 as of Sep. 2014.

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. Silverton Adventures's quick ratio for the quarter that ended in Sep. 2014 was 0.02.

Silverton Adventures has a quick ratio of 0.02. It indicates that the company cannot currently fully pay back its current liabilities.

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

SVAD's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.45
* Ranked among companies with meaningful Quick Ratio only.

Silverton Adventures  (OTCPK:SVAD) 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.


Silverton Adventures Quick Ratio Related Terms


Silverton Adventures Quick Ratio Historical Data

* Premium members only.

The historical data trend for Silverton Adventures'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.

Silverton Adventures Quick Ratio Chart

Silverton Adventures Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Quick Ratio
Get a 7-Day Free Trial 0.01 0.40 0.06 0.03 0.02

Silverton Adventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.02 0.02 0.02 0.02 0.02

SVAD vs STRG, BISA, BBOE: Quick Ratio Comparison

For the Advertising Agencies subindustry, Silverton Adventures'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.


Silverton Adventures Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silverton Adventures's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Silverton Adventures's Quick Ratio falls into.



Silverton Adventures 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.

Silverton Adventures's Quick Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Quick Ratio (A: Jun. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.022-0)/1.083
=0.02

Silverton Adventures's Quick Ratio for the quarter that ended in Sep. 2014 is calculated as

Quick Ratio (Q: Sep. 2014 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.025-0)/1.106
=0.02

* 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 0.02 mean?
Silverton Adventures (SVAD) has a Quick Ratio of 0.02 as of Sep. 2014. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Silverton Adventures and its competitors.
Is Silverton Adventures' Quick Ratio too high?
Silverton Adventures' current Quick Ratio is 0.02. The Media - Diversified industry median Quick Ratio is 1.45. Silverton Adventures' value of 0.02 is 98.6% below this industry median.
How does Silverton Adventures' Quick Ratio compare to STRG and BISA?
Silverton Adventures' Quick Ratio of 0.02 can be compared against companies in the Media - Diversified industry. The industry median Quick Ratio is 1.45. Silverton Adventures' value of 0.02 is 98.6% 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.45, based on 1,032 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. Silverton Adventures's current Quick Ratio of 0.02 is 98.6% 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 Silverton Adventures and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silverton Adventures's current Quick Ratio is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silverton Adventures stock overvalued right now?
Silverton Adventures (SVAD) has a current Quick Ratio of 0.02. The current Quick Ratio is 0.02 and 98.6% below the Media - Diversified industry median of 1.45. 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 Silverton Adventures (SVAD), the current Quick Ratio is 0.02 as of Sep. 2014. 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.

Silverton Adventures Business Description

Address 31 Hung To Road, Room 1302, 13th Floor, Billion Trade Centre, Ngau Tau Kok, Kowloon, Hong Kong, HKG, 999077
Silverton Adventures Inc is engaged in the business of online e-commerce and off-line commerce, promotion, and marketing services business. The company is able to launch both online e-commerce and offline commerce together with providing promotion and marketing advisory activities using the ecFish brand, website, and its social media, and offline special events such as designing seasonal promotions campaigns during sales seasons and other special occasions.