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UBU Holdings (UBU Holdings) Quick Ratio : 0.00 (As of . 20)


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What is UBU Holdings Quick Ratio?

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. UBU Holdings's quick ratio for the quarter that ended in . 20 was 0.00.

UBU Holdings has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

UBUH's Quick Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.44
* Ranked among companies with meaningful Quick Ratio only.

UBU Holdings Quick Ratio Historical Data

The historical data trend for UBU Holdings'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.

* Premium members only.

UBU Holdings Quick Ratio Chart

UBU Holdings Annual Data
Trend
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UBU Holdings Quarterly Data
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Competitive Comparison of UBU Holdings's Quick Ratio

For the Broadcasting subindustry, UBU Holdings'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.


UBU Holdings's Quick Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where UBU Holdings's Quick Ratio falls into.



UBU Holdings 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.

UBU Holdings's Quick Ratio for the fiscal year that ended in . 20 is calculated as

UBU Holdings's Quick Ratio for the quarter that ended in . 20 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.


UBU Holdings  (OTCPK:UBUH) 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.


UBU Holdings Quick Ratio Related Terms

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UBU Holdings (UBU Holdings) Business Description

Traded in Other Exchanges
N/A
Address
613 Saddle Rider Court, Henderson, NV, USA, 89011
UBU Holdings Inc provides ethnic television programming to the minority programming interests of the African-American and English-speaking Hispanic population markets across the United States. The Company is a development-stage enterprise pursuant to the guidance issued by the Financial Accounting Standards Board (FASB).

UBU Holdings (UBU Holdings) Headlines

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