Western Capital Resources has a quick ratio of 2.47. It generally indicates good short-term financial strength.
The historical rank and industry rank for Western Capital Resources's Quick Ratio or its related term are showing as below:
WCRS's Quick Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.87 * Ranked among companies with meaningful Quick Ratio only.
Western Capital Resources (OTCPK:WCRS) 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.
Western Capital Resources Quick Ratio Related Terms
Western Capital Resources Quick Ratio Historical Data
* 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.
For the Specialty Retail subindustry, Western Capital Resources'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.
Western Capital Resources Quick Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Western Capital Resources's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Western Capital Resources's Quick Ratio falls into.
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.
Western Capital Resources's Quick Ratio for the fiscal year that ended in Dec. 2021 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.
Western Capital Resources (WCRS) has a Quick Ratio of 2.47 as of Mar. 2022. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Western Capital Resources and its competitors.
Is Western Capital Resources' Quick Ratio too high?
Western Capital Resources' current Quick Ratio is 2.47. The Retail - Cyclical industry median Quick Ratio is 0.87. Western Capital Resources' value of 2.47 is 183.9% above this industry median. Overall, Western Capital Resources has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Western Capital Resources' Quick Ratio compare to POL and TLF?
Western Capital Resources' Quick Ratio of 2.47 can be compared against companies in the Retail - Cyclical industry. The industry median Quick Ratio is 0.87. Western Capital Resources' value of 2.47 is 183.9% above 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,127 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. Western Capital Resources's current Quick Ratio of 2.47 is 183.9% above 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 Western Capital Resources and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Capital Resources's current Quick Ratio is 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Capital Resources stock overvalued right now?
Western Capital Resources (WCRS) has a current Quick Ratio of 2.47. The current Quick Ratio is 2.47 and 183.9% above the Retail - Cyclical industry median of 0.87. Western Capital Resources' 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 Western Capital Resources (WCRS), the current Quick Ratio is 2.47 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.
Western Capital Resources Inc is a direct marketer of roses, plants, seeds, holiday gifts, and home restoration products. It operates thorough Cellular Retail, Direct to Consumer and Consumer Finance segments. The Cellular Retail segment, which is the key revenue driver, comprises an authorized Cricket Wireless dealer and involves the retail sale of cellular phones and accessories to consumers. The Direct to Consumer segment consists of online and direct marketing retailers. The Consumer Finance segment consists of retail financial services. All the business activity functions through Canada.
12GF Score
Get the complete analysis for WCRS
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WCRS has been successfully added to your 
