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Environmental Solutions Worldwide (Environmental Solutions Worldwide) Current Ratio : 3.29 (As of Dec. 2014)


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What is Environmental Solutions Worldwide 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. Environmental Solutions Worldwide's current ratio for the quarter that ended in Dec. 2014 was 3.29.

Environmental Solutions Worldwide has a current ratio of 3.29. 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 Environmental Solutions Worldwide's Current Ratio or its related term are showing as below:

ESWW's Current Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.51
* Ranked among companies with meaningful Current Ratio only.

Environmental Solutions Worldwide Current Ratio Historical Data

The historical data trend for Environmental Solutions Worldwide'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.

Environmental Solutions Worldwide Current Ratio Chart

Environmental Solutions Worldwide Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 2.07 1.76 2.27 3.29

Environmental Solutions Worldwide Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 2.27 2.53 3.23 3.18 3.29

Competitive Comparison of Environmental Solutions Worldwide's Current Ratio

For the Auto Parts subindustry, Environmental Solutions Worldwide'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.


Environmental Solutions Worldwide's Current Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Environmental Solutions Worldwide's Current Ratio distribution charts can be found below:

* The bar in red indicates where Environmental Solutions Worldwide's Current Ratio falls into.



Environmental Solutions Worldwide 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.

Environmental Solutions Worldwide's Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )=Total Current Assets (A: Dec. 2014 )/Total Current Liabilities (A: Dec. 2014 )
=16.43/4.999
=3.29

Environmental Solutions Worldwide's Current Ratio for the quarter that ended in Dec. 2014 is calculated as

Current Ratio (Q: Dec. 2014 )=Total Current Assets (Q: Dec. 2014 )/Total Current Liabilities (Q: Dec. 2014 )
=16.43/4.999
=3.29

* 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.


Environmental Solutions Worldwide  (OTCPK:ESWW) 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.


Environmental Solutions Worldwide Current Ratio Related Terms

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Environmental Solutions Worldwide (Environmental Solutions Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
200 Progress Drive, Montgomerville, PA, USA, 18936
Environmental Solutions Worldwide Inc through its subsidiaries is involved in the designing, development, manufacturing, and sales of emissions control technologies. It also provides emissions testing and environmental certification services. The firm's products include horizondpf, longview dpf, and vista dpf. It has Air testing services and MHDD diesel emission control manufacturing and sales operating segments. The company derives the majority of its revenues from MHDD diesel control segment.
Executives
John J Suydam director C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Joshua Black director C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Mark Yung director, other: Remarks C/O 335 CONNIE CRESENT, CONCORD A6 L4K 5R2
John J Hannan director 9 WEST 57TH STREET, NEW YORK NY 10019
Leon D Black 10 percent owner APOLLO ADVISORS LP, 1301 AVENOE OF THE AMERICAS, NEW YORK NY 10019
Richard S Ressler other: See Remarks C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Peter D. Bloch director 483 BAY STREET, N105, TORONTO A6 M5G2C9
Elbert O Hand director C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143

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