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iSign Media Solutions (STU:IMS) Current Ratio : 0.03 (As of Jan. 2023)


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What is iSign Media 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. iSign Media Solutions's current ratio for the quarter that ended in Jan. 2023 was 0.03.

iSign Media Solutions has a current ratio of 0.03. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If iSign Media Solutions 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 iSign Media Solutions's Current Ratio or its related term are showing as below:

STU:IMS's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.78
* Ranked among companies with meaningful Current Ratio only.

iSign Media Solutions Current Ratio Historical Data

The historical data trend for iSign Media 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.

iSign Media Solutions Current Ratio Chart

iSign Media Solutions Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.02 0.02 0.10

iSign Media Solutions Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.03 0.10 0.04 0.04 0.03

Competitive Comparison of iSign Media Solutions's Current Ratio

For the Software - Application subindustry, iSign Media 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.


iSign Media Solutions's Current Ratio Distribution in the Software Industry

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

* The bar in red indicates where iSign Media Solutions's Current Ratio falls into.



iSign Media 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.

iSign Media Solutions's Current Ratio for the fiscal year that ended in Apr. 2022 is calculated as

Current Ratio (A: Apr. 2022 )=Total Current Assets (A: Apr. 2022 )/Total Current Liabilities (A: Apr. 2022 )
=0.074/0.75
=0.10

iSign Media Solutions's Current Ratio for the quarter that ended in Jan. 2023 is calculated as

Current Ratio (Q: Jan. 2023 )=Total Current Assets (Q: Jan. 2023 )/Total Current Liabilities (Q: Jan. 2023 )
=0.026/0.907
=0.03

* 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.


iSign Media Solutions  (STU:IMS) 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.


iSign Media Solutions Current Ratio Related Terms

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iSign Media Solutions (STU:IMS) Business Description

Traded in Other Exchanges
N/A
Address
105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6
iSign Media Solutions Inc is a data-focused Software-as-a-Service (SaaS) company. It is engaged in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. It mainly offers two solutions, which includes Smart Antenna which utilizes Bluetooth and Wi-Fi location-aware technology and Interactive Marketing System which uses Bluetooth. Most of its revenue is generated from North America.

iSign Media Solutions (STU:IMS) Headlines

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