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Gawk (GAWK) Current Ratio : 0.04 (As of Oct. 2017)


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What is Gawk 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. Gawk's current ratio for the quarter that ended in Oct. 2017 was 0.04.

Gawk has a current ratio of 0.04. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Gawk 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 Gawk's Current Ratio or its related term are showing as below:

GAWK's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.77
* Ranked among companies with meaningful Current Ratio only.

Gawk Current Ratio Historical Data

The historical data trend for Gawk'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.

Gawk Current Ratio Chart

Gawk Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Current Ratio
Get a 7-Day Free Trial 12.11 0.58 0.33 0.13 0.07

Gawk Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 0.18 0.07 0.04 0.05 0.04

Competitive Comparison of Gawk's Current Ratio

For the Software - Infrastructure subindustry, Gawk'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.


Gawk's Current Ratio Distribution in the Software Industry

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

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



Gawk 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.

Gawk's Current Ratio for the fiscal year that ended in Jan. 2017 is calculated as

Current Ratio (A: Jan. 2017 )=Total Current Assets (A: Jan. 2017 )/Total Current Liabilities (A: Jan. 2017 )
=0.522/7.781
=0.07

Gawk's Current Ratio for the quarter that ended in Oct. 2017 is calculated as

Current Ratio (Q: Oct. 2017 )=Total Current Assets (Q: Oct. 2017 )/Total Current Liabilities (Q: Oct. 2017 )
=0.382/10.422
=0.04

* 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.


Gawk  (OTCPK:GAWK) 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.


Gawk Current Ratio Related Terms

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Gawk (GAWK) Business Description

Traded in Other Exchanges
N/A
Address
5300 Melrose Avenue, Suite 42, Los Angeles, CA, USA, 90038
Gawk Inc offers cloud communications, cloud connectivity, cloud computing, and managed cloud-based applications solutions to businesses; and offers domestic and international voice services to communications carriers worldwide. It also offers advanced data center and cloud-based services, including fault-tolerant, high availability cloud servers, which comprise a platform as a service, infrastructure as a service, and a content delivery network; managed network services that converge voice and data applications, structured cabling, wireless, and security services, as well as include Internet access via Ethernet or fiber at speeds ranging from 10 Mbps to 10 Gbps; and data center solutions, including cloud services, colocation services, and business continuity services.

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