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Code Rebel (Code Rebel) Current Ratio : 4.82 (As of Dec. 2015)


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What is Code Rebel Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Code Rebel's current ratio for the quarter that ended in Dec. 2015 was 4.82.

Code Rebel has a current ratio of 4.82. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Code Rebel's Current Ratio or its related term are showing as below:

CDRBQ's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.78
* Ranked among companies with meaningful Current Ratio only.

Code Rebel Current Ratio Historical Data

The historical data trend for Code Rebel's Current 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.

Code Rebel Current Ratio Chart

Code Rebel Annual Data
Trend Dec13 Dec14 Dec15
Current Ratio
0.01 0.44 4.82

Code Rebel Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Current Ratio Get a 7-Day Free Trial Premium Member Only 0.44 0.25 13.11 8.64 4.82

Competitive Comparison of Code Rebel's Current Ratio

For the Software - Application subindustry, Code Rebel's Current Ratio, along with its competitors' market caps and Current 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.


Code Rebel's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Code Rebel's Current Ratio distribution charts can be found below:

* The bar in red indicates where Code Rebel's Current Ratio falls into.



Code Rebel Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Code Rebel's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )=Total Current Assets (A: Dec. 2015 )/Total Current Liabilities (A: Dec. 2015 )
=2.849/0.591
=4.82

Code Rebel's Current Ratio for the quarter that ended in Dec. 2015 is calculated as

Current Ratio (Q: Dec. 2015 )=Total Current Assets (Q: Dec. 2015 )/Total Current Liabilities (Q: Dec. 2015 )
=2.849/0.591
=4.82

* 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.


Code Rebel  (OTCPK:CDRBQ) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Code Rebel Current Ratio Related Terms

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Code Rebel (Code Rebel) Business Description

Traded in Other Exchanges
N/A
Address
77 Ho’okele Street, Suite 102, Kahului, HI, USA, 96732
Code Rebel Corp is a software and information technology (IT) services company. It is engaged in the development, marketing, and license of terminal services solutions. The business activity of the group is functioned through software and IT service segments. The software segment provides end-user applications through its product line. The IT Services segment provides management and consulting services. Its product, interactive remote application terminal services (iRAPP), allow users of computers to simultaneously access programs on their PCs and Macs through a single device using a single monitor, mouse, and keyboard. The activities are basically carried out through the region of United States.

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