Choice NV (XBRU:MLTV) Quick Ratio: 0.00 (As of Dec. 2024)

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XBRU:MLTV Choice NV XBRU:MLTV
26 GF Score
Price €0.20
! 1 Warning Sign
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What is Choice NV Quick Ratio?

Choice NV XBRU:MLTV 26 Quick Ratio is 0.00 as of Dec. 2024. GuruFocus rates XBRU:MLTV with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 2,870 Software companies, Choice NV ranks worse than 34843.17% on this metric.

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. Choice NV's quick ratio for the quarter that ended in Dec. 2024 was 0.00.

Choice NV 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 Choice NV's Quick Ratio or its related term are showing as below:

XBRU:MLTV's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.66
* Ranked among companies with meaningful Quick Ratio only.

Choice NV  (XBRU:MLTV) 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.


Choice NV Quick Ratio Related Terms


Choice NV Quick Ratio Historical Data

* Premium members only.

The historical data trend for Choice NV'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.

Choice NV Quick Ratio Chart

Choice NV Annual Data
Trend Dec23 Dec24
Quick Ratio
0.00 0.00

Choice NV Semi-Annual Data
Dec23 Dec24
Quick Ratio 0.00 0.00

XBRU:MLTV vs CRM, SHOP, UBER: Quick Ratio Comparison

For the Software - Application subindustry, Choice NV'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.


Choice NV Quick Ratio vs Software Industry

For the Software industry and Technology sector, Choice NV's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Choice NV's Quick Ratio falls into.


XBRU:MLTV
26GF Score
Choice NV XBRU:MLTV
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Choice NV 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.

Choice NV's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.083-0)/0
=

Choice NV's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.083-0)/0
=

* 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 0.00 mean?
Choice NV (XBRU:MLTV) has a Quick Ratio of 0.00 as of Dec. 2024. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Choice NV and its competitors. According to the industry distribution chart, Choice NV ranks #999999 out of 2870 companies in the Software industry.
Is Choice NV's Quick Ratio too high?
Choice NV's current Quick Ratio is 0.00. Based on the distribution chart, Choice NV ranks #999999 out of 2870 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Choice NV has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Choice NV's Quick Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Choice NV ranks #999999 out of 2870 companies for Quick Ratio. This places Choice NV in the lower half of its industry. The industry median Quick Ratio is 1.66. 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 Software company?
The median Quick Ratio among Software companies is 1.66, based on 2,870 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. 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 Choice NV and its competitors. For the Software industry, the median Quick Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choice NV's current Quick Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice NV stock overvalued right now?
Choice NV (XBRU:MLTV) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Choice NV's overall GF Score™ is 26/100 with 1 warning sign to review. 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 Choice NV (XBRU:MLTV), the current Quick Ratio is 0.00 as of Dec. 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.

Choice NV Business Description

Address Jachthoorn 5, Vlaams-Brabant, Linden, BEL, 3210
Choice NV is an open digital social market platform. It is specialized in the development of a collaborative platform allowing consumers to recommend TV and video content, online telecom services and others.
26GF Score

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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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