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HUTN (HUTN) Quick Ratio : 0.01 (As of Sep. 2018)


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What is HUTN Quick Ratio?

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. HUTN's quick ratio for the quarter that ended in Sep. 2018 was 0.01.

HUTN has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

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

HUTN's Quick Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.91
* Ranked among companies with meaningful Quick Ratio only.

HUTN Quick Ratio Historical Data

The historical data trend for HUTN'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.

* Premium members only.

HUTN Quick Ratio Chart

HUTN Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
Quick Ratio
0.48 - 0.23 0.09 -

HUTN Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16 Jun17 Mar18 Jun18 Sep18
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 - 0.02 0.03 0.02 0.01

Competitive Comparison of HUTN's Quick Ratio

For the Internet Content & Information subindustry, HUTN'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.


HUTN's Quick Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, HUTN's Quick Ratio distribution charts can be found below:

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



HUTN 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.

HUTN's Quick Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Quick Ratio (A: Dec. 2016 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.015-0)/8.724
=0.00

HUTN's Quick Ratio for the quarter that ended in Sep. 2018 is calculated as

Quick Ratio (Q: Sep. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.175-0)/21.001
=0.01

* 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.


HUTN  (OTCPK:HUTN) 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.


HUTN Quick Ratio Related Terms

Thank you for viewing the detailed overview of HUTN's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HUTN (HUTN) Business Description

Traded in Other Exchanges
N/A
Address
One Main Street, 7th Floor, Springfield, OH, USA, 45502
HUTN Inc is a non-operating holding company engages in the provision of B2C internet services. It sells and distribute their products and services to consumers through the internet and generates revenue from the subscription services.

HUTN (HUTN) Headlines

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