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Stereo Vision Entertainment (Stereo Vision Entertainment) Current Ratio : 0.01 (As of Mar. 2010)


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What is Stereo Vision Entertainment 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. Stereo Vision Entertainment's current ratio for the quarter that ended in Mar. 2010 was 0.01.

Stereo Vision Entertainment has a current ratio of 0.01. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Stereo Vision Entertainment 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 Stereo Vision Entertainment's Current Ratio or its related term are showing as below:

SVSN's Current Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.63
* Ranked among companies with meaningful Current Ratio only.

Stereo Vision Entertainment Current Ratio Historical Data

The historical data trend for Stereo Vision Entertainment'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.

Stereo Vision Entertainment Current Ratio Chart

Stereo Vision Entertainment Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.21 0.01 0.02

Stereo Vision Entertainment Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 - 0.02 0.03 0.02 0.01

Competitive Comparison of Stereo Vision Entertainment's Current Ratio

For the Entertainment subindustry, Stereo Vision Entertainment'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.


Stereo Vision Entertainment's Current Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stereo Vision Entertainment's Current Ratio distribution charts can be found below:

* The bar in red indicates where Stereo Vision Entertainment's Current Ratio falls into.



Stereo Vision Entertainment 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.

Stereo Vision Entertainment's Current Ratio for the fiscal year that ended in Jun. 2009 is calculated as

Current Ratio (A: Jun. 2009 )=Total Current Assets (A: Jun. 2009 )/Total Current Liabilities (A: Jun. 2009 )
=0.039/1.62
=0.02

Stereo Vision Entertainment's Current Ratio for the quarter that ended in Mar. 2010 is calculated as

Current Ratio (Q: Mar. 2010 )=Total Current Assets (Q: Mar. 2010 )/Total Current Liabilities (Q: Mar. 2010 )
=0.019/1.95
=0.01

* 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.


Stereo Vision Entertainment  (OTCPK:SVSN) 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.


Stereo Vision Entertainment Current Ratio Related Terms

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Stereo Vision Entertainment (Stereo Vision Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
601 East Charleston Boulevard, Studio 100, Las Vegas, NV, USA, 89104
Stereo Vision Entertainment Inc is a company utilizing its award-winning team of industry professionals in the areas of Ecological Restoration and Preservation and family friendly multimedia content creation and distribution. The Company owns several movie properties that it seeks to film for distribution in theaters and through other media, including DVD's, and streaming.
Executives
Theodore P Botts director, officer: CFO C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326