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Zane Interactive Publishing (Zane Interactive Publishing) Quick Ratio : 0.00 (As of . 20)


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What is Zane Interactive Publishing 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. Zane Interactive Publishing's quick ratio for the quarter that ended in . 20 was 0.00.

Zane Interactive Publishing has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

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

ZNAE's Quick Ratio is not ranked *
in the Software industry.
Industry Median: 1.64
* Ranked among companies with meaningful Quick Ratio only.

Zane Interactive Publishing Quick Ratio Historical Data

The historical data trend for Zane Interactive Publishing'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.

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Zane Interactive Publishing Quick Ratio Chart

Zane Interactive Publishing Annual Data
Trend
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Zane Interactive Publishing Quarterly Data
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Competitive Comparison of Zane Interactive Publishing's Quick Ratio

For the Software - Application subindustry, Zane Interactive Publishing'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.


Zane Interactive Publishing's Quick Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Zane Interactive Publishing's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Zane Interactive Publishing's Quick Ratio falls into.



Zane Interactive Publishing 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.

Zane Interactive Publishing's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Zane Interactive Publishing's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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.


Zane Interactive Publishing  (OTCPK:ZNAE) 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.


Zane Interactive Publishing Quick Ratio Related Terms

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Zane Interactive Publishing (Zane Interactive Publishing) Business Description

Traded in Other Exchanges
N/A
Address
30 Rewi Street, Torbay, Auckland, NZL, 0630
Zane Interactive Publishing Inc offers educational software. The company provides educational software for Special Needs education, Visual education, and Life Skills learning. It also provides Online Learning and Education consultants.

Zane Interactive Publishing (Zane Interactive Publishing) Headlines

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