The Quick ratio of Youngevity International Inc is 0.09
Quick ratio is liquidity ratio that measures a company’s ability to use its quick assets to meet its short-term obligations immediately.
mrq (most recent quarter)
The quick ratio is the ratio between quick or liquid assets and current liabilities. Quick assets include those current assets that presumably can be quickly converted to cash at close to their book values. A normal liquid ratio is considered to be 1. A company with a quick ratio of less than 1 cannot at the time fully pay its current liabilities or short-term obligations. This ratio is considered to be a much reliable tool for assessment of liquidity position of companies.
youngevity international, inc. develops and distributes health and nutrition related products and services in the united states and internationally. it operates in three segments: direct selling, commercial coffee, and commercial hemp. the company offers nutritional supplements, gourmet coffee, weight management products, skincare and cosmetics, health and wellness, packaged foods, lifestyle products, pet care, digital products, telecare health services, apparel and fashion accessories, and business lending products. it also produces and sells coffee products under the cafã© la rica, cafã© alma, josie's java house, javalution urban grind, javalution daily grind, and javalution royal roast brands; and produces and markets a line of coffees under the javafit brand directly to consumers. in addition, it offers cannabidiol oils from hemp stock. the company sells coffee and equipment to wellness and retirement communities, and various cruise lines and coffee service operators, as well as th