Market Cap : 73.03 M | Enterprise Value : 47.13 M | PE Ratio : 148.76 | PB Ratio : 1.92 |
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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. BM Technologies's quick ratio for the quarter that ended in Dec. 2021 was 1.49.
BM Technologies has a quick ratio of 1.49. It generally indicates good short-term financial strength.
The historical rank and industry rank for BM Technologies's Quick Ratio or its related term are showing as below:
During the past 3 years, BM Technologies's highest Quick Ratio was 1.49. The lowest was 0.39. And the median was 0.68.
BMTX's Quick Ratio is ranked worse thanThe historical data trend for BM Technologies'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.
For the Software - Application subindustry, BM Technologies'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.
For the Software industry and Technology sector, BM Technologies's Quick Ratio distribution charts can be found below:
* The bar in red indicates where BM Technologies'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.
BM Technologies's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Quick Ratio (A: Dec. 2021 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (36.644 | - | 0) | / | 24.643 | |
= | 1.49 |
BM Technologies's Quick Ratio for the quarter that ended in Dec. 2021 is calculated as
Quick Ratio (Q: Dec. 2021 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (36.644 | - | 0) | / | 24.643 | |
= | 1.49 |
* 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.
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.
Thank you for viewing the detailed overview of BM Technologies's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Dolan John J | director | 4655 SALISBURY ROAD SUITE 110 JACKSONVILLE FL 32256 |
Dullinger James Francis | officer: Chief Accounting Officer | C/O IOTA COMMUNICATIONS, INC. 645 HAMILTON STREET, SUITE 400 ALLENTOWN PA 18101 |
Schechter Private Capital, Llc | 10 percent owner | 251 PIERCE STREET BIRMINGHAM MI 48009 |
Dinodia Pankaj | director | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Ramsey Robert H | officer: Chief Financial Officer | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Schwab Marcy | director | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Hurley Brent | director | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Diegel Robert | officer: Chief Operating Officer | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Gill Mike | director | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Hodari Aaron | director | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Sidhu Luvleen | director, officer: Chief Executive Officer | 201 KING OF PRUSSIA ROAD SUITE 350 WAYNE PA 19087 |
Millennium Management Llc | other: May be deemed a group member. | 399 PARK AVENUE NEW YORK NY 10022 |
Millennium Group Management Llc | other: May be deemed a group member. | C/O MILLENNIUM MANAGEMENT LLC 399 PARK AVENUE NEW YORK NY 10022 |
Integrated Core Strategies (us) Llc | 10 percent owner | C/O MILLENNIUM MANAGEMENT LLC 399 PARK AVENUE NEW YORK NY 10022 |
Englander Israel A | other: May be deemed a group member. | C/O MILLENNIUM MANAGEMENT LLC 399 PARK AVENUE NEW YORK NY 10022 |
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