USLG (US Lighting Group) Quick Ratio: 0.05 (As of Sep. 2024)

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USLG US Lighting Group Inc USLG
12 GF Score
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What is US Lighting Group Quick Ratio?

US Lighting Group USLG 12 Quick Ratio is 0.05 as of Sep. 2024. GuruFocus rates USLG 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. US Lighting Group's quick ratio for the quarter that ended in Sep. 2024 was 0.05.

US Lighting Group has a quick ratio of 0.05. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for US Lighting Group's Quick Ratio or its related term are showing as below:

USLG's Quick Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.06
* Ranked among companies with meaningful Quick Ratio only.

US Lighting Group  (OTCPK:USLG) 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.


US Lighting Group Quick Ratio Related Terms


US Lighting Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for US Lighting Group'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.

US Lighting Group Quick Ratio Chart

US Lighting Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 0.08 0.41 0.87 0.19 0.11

US Lighting Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.12 0.11 0.11 0.07 0.05

USLG vs THO, BC, HOG: Quick Ratio Comparison

For the Recreational Vehicles subindustry, US Lighting Group'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.


US Lighting Group Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, US Lighting Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where US Lighting Group's Quick Ratio falls into.


USLG
12GF Score
US Lighting Group Inc USLG
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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US Lighting Group 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.

US Lighting Group's Quick Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.365-0.151)/1.878
=0.11

US Lighting Group's Quick Ratio for the quarter that ended in Sep. 2024 is calculated as

Quick Ratio (Q: Sep. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.293-0.102)/3.506
=0.05

* 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 0.05 mean?
US Lighting Group (USLG) has a Quick Ratio of 0.05 as of Sep. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on US Lighting Group and its competitors.
Is US Lighting Group's Quick Ratio too high?
US Lighting Group's current Quick Ratio is 0.05. The Vehicles & Parts industry median Quick Ratio is 1.06. US Lighting Group's value of 0.05 is 95.3% below this industry median. Overall, US Lighting Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does US Lighting Group's Quick Ratio compare to THO and BC?
US Lighting Group's Quick Ratio of 0.05 can be compared against companies in the Vehicles & Parts industry. The industry median Quick Ratio is 1.06. US Lighting Group's value of 0.05 is 95.3% 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,332 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. US Lighting Group's current Quick Ratio of 0.05 is 95.3% 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 US Lighting Group and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Lighting Group's current Quick Ratio is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Lighting Group stock overvalued right now?
US Lighting Group (USLG) has a current Quick Ratio of 0.05. The current Quick Ratio is 0.05 and 95.3% below the Vehicles & Parts industry median of 1.06. US Lighting Group'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 US Lighting Group (USLG), the current Quick Ratio is 0.05 as of Sep. 2024. 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.

US Lighting Group Business Description

Address 1148 East 222nd Street, Euclid, OH, USA, 44117
US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter-weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high-end molded fiberglass campers, Futuro Houses, LLC, focused on the design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high-performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.
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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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