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Blackhawk Network Holdings (Blackhawk Network Holdings) Quick Ratio : 0.88 (As of Mar. 2018)


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What is Blackhawk Network Holdings 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. Blackhawk Network Holdings's quick ratio for the quarter that ended in Mar. 2018 was 0.88.

Blackhawk Network Holdings has a quick ratio of 0.88. It indicates that the company cannot currently fully pay back its current liabilities.

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

HAWK's Quick Ratio is not ranked *
in the Credit Services industry.
Industry Median: 4.65
* Ranked among companies with meaningful Quick Ratio only.

Blackhawk Network Holdings Quick Ratio Historical Data

The historical data trend for Blackhawk Network Holdings'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.

Blackhawk Network Holdings Quick Ratio Chart

Blackhawk Network Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Quick Ratio
Get a 7-Day Free Trial 0.90 0.95 0.92 0.93 0.93

Blackhawk Network Holdings Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.86 0.93 0.84 0.93 0.88

Competitive Comparison of Blackhawk Network Holdings's Quick Ratio

For the Credit Services subindustry, Blackhawk Network Holdings'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.


Blackhawk Network Holdings's Quick Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Blackhawk Network Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Blackhawk Network Holdings's Quick Ratio falls into.



Blackhawk Network Holdings 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.

Blackhawk Network Holdings's Quick Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Quick Ratio (A: Dec. 2017 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2620.255-37.007)/2780.787
=0.93

Blackhawk Network Holdings's Quick Ratio for the quarter that ended in Mar. 2018 is calculated as

Quick Ratio (Q: Mar. 2018 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1148.076-38.663)/1259.464
=0.88

* 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.


Blackhawk Network Holdings  (NAS:HAWK) 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.


Blackhawk Network Holdings Quick Ratio Related Terms

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


Blackhawk Network Holdings (Blackhawk Network Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Blackhawk Network Holdings Inc is a United States-based prepaid payment network. It utilizes proprietary technology to offer to consumers and businesses a broad selection of prepaid cards in physical and electronic forms, as well as complementary prepaid products, payment services, and incentives solutions. Blackhawk's product offerings include single-use gift cards, loyalty, incentive and reward products and services; prepaid telecom products and prepaid financial services products, including general purpose reloadable (GPR) cards, and its reload network. The company distributes these prepaid products across multiple high-traffic channels such as grocery, convenience, specialty and online retailers in the Americas, Europe, Africa, Australia and Asia.
Executives
Arun Sarin director C/O SAFEWAY INC., 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Hoskins Roche L Talbott director, officer: President and CEO C/O BLACKHAWK NETWORK HOLDINGS, INC., 6220 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Robert B Henske director 2535 GARCIA AVE, MOUNTAIN VIEW CA 94043
Paul Hazen director P O BOX 7070, CARMEL CA 93921
Robert L Edwards director C/O IMATION CORP, 1 IMATION PL, OAKDALE MN 55128
Mohan S Gyani director 7277 164TH AVE NE, BLDG1, REDMOND WA 98052
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Steven A Burd director C/O SAFEWAY INC, 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Thomas Barnds director C/O ACCEL-KKR CAPITAL PARTNERS III, LP, 2500 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Jeffrey H Fox director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Probst Lawrence F Iii director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Juli Spottiswood officer: SVP/GM Engagement Solutions 3250 BRIARPARK DRIVE, SUITE 400, HOUSTON TX 77042

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