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Artec Global Media (Artec Global Media) Current Ratio : 0.00 (As of Apr. 2016)


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What is Artec Global Media 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. Artec Global Media's current ratio for the quarter that ended in Apr. 2016 was 0.00.

Artec Global Media 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 Artec Global Media 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 Artec Global Media's Current Ratio or its related term are showing as below:

ACTL's Current Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.62
* Ranked among companies with meaningful Current Ratio only.

Artec Global Media Current Ratio Historical Data

The historical data trend for Artec Global Media'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.

Artec Global Media Current Ratio Chart

Artec Global Media Annual Data
Trend Jan13 Jan14 Jan15 Jan16
Current Ratio
- 23.00 0.64 0.03

Artec Global Media Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.05 0.04 0.03 -

Competitive Comparison of Artec Global Media's Current Ratio

For the Advertising Agencies subindustry, Artec Global Media'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.


Artec Global Media's Current Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Artec Global Media's Current Ratio falls into.



Artec Global Media 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.

Artec Global Media's Current Ratio for the fiscal year that ended in Jan. 2016 is calculated as

Current Ratio (A: Jan. 2016 )=Total Current Assets (A: Jan. 2016 )/Total Current Liabilities (A: Jan. 2016 )
=0.029/1.108
=0.03

Artec Global Media's Current Ratio for the quarter that ended in Apr. 2016 is calculated as

Current Ratio (Q: Apr. 2016 )=Total Current Assets (Q: Apr. 2016 )/Total Current Liabilities (Q: Apr. 2016 )
=0.018/3.811
=0.00

* 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.


Artec Global Media  (OTCPK:ACTL) 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.


Artec Global Media Current Ratio Related Terms

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Artec Global Media (Artec Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1000 East William Street, Suite 204, Carson City, NV, USA, 89701
Artec Global Media Inc is a US-based digital and mainstream marketing firm. It provides online marketing and reporting solutions to companies. It sells its marketing products based on a consultative approach to discover customer needs and build pricing and packages. It offers lead generation, performance media marketing, and affiliate marketing, as well as other related web services and consultation. The group generates revenue by providing marketing and advertising solutions for clients through direct sales and online marketing platform.

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