Market Cap : 18.46 B | Enterprise Value : 21.83 B | PE Ratio : 14.93 | PB Ratio : 2.09 |
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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. Liberty Broadband's quick ratio for the quarter that ended in Jun. 2022 was 1.23.
Liberty Broadband has a quick ratio of 1.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Liberty Broadband's Quick Ratio or its related term are showing as below:
During the past 11 years, Liberty Broadband's highest Quick Ratio was 74.21. The lowest was 0.41. And the median was 2.81.
The historical data trend for Liberty Broadband'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 Telecom Services subindustry, Liberty Broadband'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 Telecommunication Services industry and Communication Services sector, Liberty Broadband's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Liberty Broadband'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.
Liberty Broadband'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 |
= | (459 | - | 0) | / | 582 | |
= | 0.79 |
Liberty Broadband's Quick Ratio for the quarter that ended in Jun. 2022 is calculated as
Quick Ratio (Q: Jun. 2022 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (551 | - | 0) | / | 448 | |
= | 1.23 |
* 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 Liberty Broadband's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Hamilton Sue Ann | director | 12405 POWERSCOURT DRIVE ST. LOUIS MO 63131 |
Engles Gregg L | director | 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202 |
Frist Julie D. | director | 810 JACKSON BLVD. NASHVILLE TN 37205 |
Wilm Renee L | officer: Chief Legal Officer | 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 |
Malone John C | director, 10 percent owner | 12300 LIBERTY BLVD ENGLEWOOD CO 80112 |
Wendling Brian J | officer: SVP/Controller/PFO | 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 |
Carleton Mark D | officer: Chief Financial Officer | 12300 LIBERTY BLVD. ENGLEWOOD CO 80112 |
Wargo J David | director | C/O WARGO & CO 712 FIFTH AVENUE 41ST FLOOR NEW YORK NY 10019 |
Fisher Donne F | director | 12300 LIBERTY BLVD ENGLEWOOD CO 80112 |
Welsh John E Iii | director | AVALON CAPITAL PARTNERS 181 MAIN ST COLD SPRING HARBOR NY 11724 |
Green Richard R | director | 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 |
Maffei Gregory B | director, officer: President/CEO | 12300 LIBERTY BLVD ENGLEWOOD CO 80112 |
Liberty Media Corp | 10 percent owner | 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 |
Rosenthaler Albert E | officer: Senior Vice President | 12300 LIBERTY BLVD ENGLEWOOD CO 80112 |
Shean Christopher W | officer: Senior Vice President/CFO | 12300 LIBERTY BLVD. ENGLEWOOD CO 80116 |
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