La Campina Forestal Strongforest has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If La Campina Forestal Strongforest 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 La Campina Forestal Strongforest's Current Ratio or its related term are showing as below:
QUI:STS's Current Ratio is not ranked *
in the Forest Products industry.
Industry Median: 1.665 * Ranked among companies with meaningful Current Ratio only.
La Campina Forestal Strongforest Current Ratio Historical Data
* 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.
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La Campina Forestal Strongforest Current Ratio Chart
La Campina Forestal Strongforest Annual Data
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Current Ratio
La Campina Forestal Strongforest Semi-Annual Data
Current Ratio
Competitive Comparison of La Campina Forestal Strongforest's Current Ratio
For the Lumber & Wood Production subindustry, La Campina Forestal Strongforest'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.
La Campina Forestal Strongforest's Current Ratio Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, La Campina Forestal Strongforest's Current Ratio distribution charts can be found below:
* The bar in red indicates where La Campina Forestal Strongforest's Current Ratio falls into.
La Campina Forestal Strongforest 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.
* 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.
La Campina Forestal Strongforest (QUI:STS) 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.
La Campina Forestal Strongforest Current Ratio Related Terms
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La Campina Forestal Strongforest (QUI:STS) Business Description
Avenue Nueve de Octubre 100 y Malecon, Previsora Office Building Foresighted of 2206, Guayaquil, ECU
Website
La Campina Forestal (Strongforest) SA is engaged in forestry activities. The Company is a development stage company that harvests and markets teak plants. The Company also owns teak plantation.
La Campina Forestal Strongforest (QUI:STS) Headlines
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