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EQM Technologies & Energy (EQM Technologies & Energy) Current Ratio : 0.68 (As of Jun. 2014)


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What is EQM Technologies & Energy 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. EQM Technologies & Energy's current ratio for the quarter that ended in Jun. 2014 was 0.68.

EQM Technologies & Energy has a current ratio of 0.68. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If EQM Technologies & Energy has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for EQM Technologies & Energy's Current Ratio or its related term are showing as below:

EQTE's Current Ratio is not ranked *
in the Waste Management industry.
Industry Median: 1.415
* Ranked among companies with meaningful Current Ratio only.

EQM Technologies & Energy Current Ratio Historical Data

The historical data trend for EQM Technologies & Energy'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.

EQM Technologies & Energy Current Ratio Chart

EQM Technologies & Energy Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec13
Current Ratio
1.36 0.71 0.91 0.91 1.00

EQM Technologies & Energy Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
Current Ratio Get a 7-Day Free Trial 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 0.83 0.73 1.00 0.93 0.68

Competitive Comparison of EQM Technologies & Energy's Current Ratio

For the Waste Management subindustry, EQM Technologies & Energy'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.


EQM Technologies & Energy's Current Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, EQM Technologies & Energy's Current Ratio distribution charts can be found below:

* The bar in red indicates where EQM Technologies & Energy's Current Ratio falls into.



EQM Technologies & Energy 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.

EQM Technologies & Energy's Current Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Current Ratio (A: Dec. 2013 )=Total Current Assets (A: Dec. 2013 )/Total Current Liabilities (A: Dec. 2013 )
=17.712/17.735
=1.00

EQM Technologies & Energy's Current Ratio for the quarter that ended in Jun. 2014 is calculated as

Current Ratio (Q: Jun. 2014 )=Total Current Assets (Q: Jun. 2014 )/Total Current Liabilities (Q: Jun. 2014 )
=15.481/22.925
=0.68

* 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.


EQM Technologies & Energy  (OTCPK:EQTE) 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.


EQM Technologies & Energy Current Ratio Related Terms

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EQM Technologies & Energy (EQM Technologies & Energy) Business Description

Traded in Other Exchanges
N/A
Address
1800 Carillon Boulevard, Cincinnati, OH, USA, 45240
EQM Technologies & Energy Inc is an environmental, engineering consulting and services company. The firm through its subsidiary provides environmental consulting, engineering and compliance, and remediation and construction management services. The company serves a diverse set of markets including automotive, chemical, food and beverage, pharmaceutical, and also federal sector.
Executives
Daniel Raynor 10 percent owner
Jon Colin director, officer: Interim CEO 1940 NW 67TH PLACE, SUITE A, GAINESVILLE FL 32653

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