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MER Telemanagement Solutions (MER Telemanagement Solutions) Current Ratio : 1.22 (As of Jun. 2020)


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What is MER Telemanagement Solutions 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. MER Telemanagement Solutions's current ratio for the quarter that ended in Jun. 2020 was 1.22.

MER Telemanagement Solutions has a current ratio of 1.22. It generally indicates good short-term financial strength.

The historical rank and industry rank for MER Telemanagement Solutions's Current Ratio or its related term are showing as below:

MTSL's Current Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.015
* Ranked among companies with meaningful Current Ratio only.

MER Telemanagement Solutions Current Ratio Historical Data

The historical data trend for MER Telemanagement Solutions'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.

MER Telemanagement Solutions Current Ratio Chart

MER Telemanagement Solutions Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.73 0.81 1.04 1.12

MER Telemanagement Solutions Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20
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 0.96 1.04 1.02 1.22 1.12

Competitive Comparison of MER Telemanagement Solutions's Current Ratio

For the Telecom Services subindustry, MER Telemanagement Solutions'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.


MER Telemanagement Solutions's Current Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MER Telemanagement Solutions's Current Ratio distribution charts can be found below:

* The bar in red indicates where MER Telemanagement Solutions's Current Ratio falls into.



MER Telemanagement Solutions 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.

MER Telemanagement Solutions's Current Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Current Ratio (A: Dec. 2020 )=Total Current Assets (A: Dec. 2020 )/Total Current Liabilities (A: Dec. 2020 )
=3.491/3.124
=1.12

MER Telemanagement Solutions's Current Ratio for the quarter that ended in Jun. 2020 is calculated as

Current Ratio (Q: Jun. 2020 )=Total Current Assets (Q: Jun. 2020 )/Total Current Liabilities (Q: Jun. 2020 )
=3.454/2.82
=1.22

* 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.


MER Telemanagement Solutions  (NAS:MTSL) 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.


MER Telemanagement Solutions Current Ratio Related Terms

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MER Telemanagement Solutions (MER Telemanagement Solutions) Business Description

Traded in Other Exchanges
N/A
Address
14 Hatidhar Street, Ra'anana, ISR, 4366517
MER Telemanagement Solutions Ltd is a provider of solutions for telecommunications expense management (TEM), CA, and contact center software. Its TEM suite helps organizations reduce operational expenses, improve productivity and optimize networks and services associated with communications networks and information technology.
Executives
Mintbroker International, Ltd. 10 percent owner ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340