URBF (Urban Barns Foods) Quick Ratio: 0.03 (As of Jan. 2016)


What is Urban Barns Foods Quick Ratio?

Urban Barns Foods URBF -90.00% Quick Ratio is 0.03 as of Jan. 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. Urban Barns Foods's quick ratio for the quarter that ended in Jan. 2016 was 0.03.

Urban Barns Foods has a quick ratio of 0.03. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Urban Barns Foods's Quick Ratio or its related term are showing as below:

URBF's Quick Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.12
* Ranked among companies with meaningful Quick Ratio only.

Urban Barns Foods  (OTCPK:URBF) 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.


Urban Barns Foods Quick Ratio Related Terms


Urban Barns Foods Quick Ratio Historical Data

* Premium members only.

The historical data trend for Urban Barns Foods'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.

Urban Barns Foods Quick Ratio Chart

Urban Barns Foods Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Quick Ratio
Get a 7-Day Free Trial 0.26 0.09 0.09 0.77 0.05

Urban Barns Foods Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 0.32 0.22 0.05 0.02 0.03

URBF vs SKSDF, RSSFF, NWGFF: Quick Ratio Comparison

For the Farm Products subindustry, Urban Barns Foods'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.


Urban Barns Foods Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Urban Barns Foods's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Urban Barns Foods's Quick Ratio falls into.



Urban Barns Foods 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.

Urban Barns Foods's Quick Ratio for the fiscal year that ended in Jul. 2015 is calculated as

Quick Ratio (A: Jul. 2015 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.071-0.019)/1.143
=0.05

Urban Barns Foods's Quick Ratio for the quarter that ended in Jan. 2016 is calculated as

Quick Ratio (Q: Jan. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.059-0.021)/1.135
=0.03

* 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 0.03 mean?
Urban Barns Foods (URBF) has a Quick Ratio of 0.03 as of Jan. 2016. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Urban Barns Foods and its competitors.
Is Urban Barns Foods' Quick Ratio too high?
Urban Barns Foods' current Quick Ratio is 0.03. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Urban Barns Foods' value of 0.03 is 97.3% below this industry median.
How does Urban Barns Foods' Quick Ratio compare to SKSDF and RSSFF?
Urban Barns Foods' Quick Ratio of 0.03 can be compared against companies in the Consumer Packaged Goods industry. The industry median Quick Ratio is 1.12. Urban Barns Foods' value of 0.03 is 97.3% 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,987 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. Urban Barns Foods's current Quick Ratio of 0.03 is 97.3% 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 Urban Barns Foods and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Urban Barns Foods's current Quick Ratio is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Urban Barns Foods stock overvalued right now?
Urban Barns Foods (URBF) has a current Quick Ratio of 0.03. The current Quick Ratio is 0.03 and 97.3% below the Consumer Packaged Goods industry median of 1.12. 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 Urban Barns Foods (URBF), the current Quick Ratio is 0.03 as of Jan. 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.

Urban Barns Foods Business Description

Address 13000 Chemin Belanger, Mirabel, QC, CAN, J7J 2N8
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's aims to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. The company offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.