>
Switch to:

iClick Interactive Asia Group Quick Ratio

: 1.75 (As of Dec. 2021)
View and export this data going back to 2017. Start your Free Trial

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. iClick Interactive Asia Group's quick ratio for the quarter that ended in Dec. 2021 was 1.75.

iClick Interactive Asia Group has a quick ratio of 1.75. It generally indicates good short-term financial strength.

The historical rank and industry rank for iClick Interactive Asia Group's Quick Ratio or its related term are showing as below:

ICLK' s Quick Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.54   Max: 1.97
Current: 1.75

During the past 7 years, iClick Interactive Asia Group's highest Quick Ratio was 1.97. The lowest was 0.65. And the median was 1.54.

ICLK's Quick Ratio is ranked better than
57.42% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.51 vs ICLK: 1.75

iClick Interactive Asia Group Quick Ratio Historical Data

The historical data trend for iClick Interactive Asia Group'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.

iClick Interactive Asia Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Quick Ratio
Premium Member Only Premium Member Only 1.94 1.54 1.20 1.97 1.75

iClick Interactive Asia Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Quick Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.97 1.94 1.86 1.84 1.75

Competitive Comparison

For the Advertising Agencies subindustry, iClick Interactive Asia Group'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.

   

iClick Interactive Asia Group Quick Ratio Distribution

For the Media - Diversified industry and Communication Services sector, iClick Interactive Asia Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where iClick Interactive Asia Group's Quick Ratio falls into.



iClick Interactive Asia Group 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.

iClick Interactive Asia Group'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
=(351.266-0)/200.845
=1.75

iClick Interactive Asia Group'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
=(351.266-0)/200.845
=1.75

* 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.


iClick Interactive Asia Group  (NAS:ICLK) 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.


iClick Interactive Asia Group Quick Ratio Related Terms

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


iClick Interactive Asia Group Business Description

iClick Interactive Asia Group logo
Industry
Traded in Other Exchanges
Address
663 King’s Road, 15th Floor, Prosperity Millennia Plaza, Quarry Bay, Hong Kong, HKG
iClick Interactive Asia Group Ltd is an independent online marketing and enterprise data solutions provider in China. It serves as an integrated cross-channel gateway that provides marketers with innovative and cost-effective ways to optimize their online marketing efforts throughout their marketing cycle and achieve their branding and performance-based marketing goals. It has two operating segments: Marketing Solutions, and Enterprise Solutions. Geographically, it derives majority revenue from PRC and also has a presence in Hong Kong and other countries.

iClick Interactive Asia Group Headlines

Other Sources

Why iClick Stock Plunged Today

By Fool 2020-09-02

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)