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Comprehensive Multiple Transport (AMM:ABUS) Current Ratio : 0.00 (As of . 20)


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What is Comprehensive Multiple Transport 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. Comprehensive Multiple Transport's current ratio for the quarter that ended in . 20 was 0.00.

Comprehensive Multiple Transport 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 Comprehensive Multiple Transport 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 Comprehensive Multiple Transport's Current Ratio or its related term are showing as below:

AMM:ABUS's Current Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.43
* Ranked among companies with meaningful Current Ratio only.

Comprehensive Multiple Transport Current Ratio Historical Data

The historical data trend for Comprehensive Multiple Transport'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.

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Comprehensive Multiple Transport Current Ratio Chart

Comprehensive Multiple Transport Annual Data
Trend
Current Ratio

Comprehensive Multiple Transport Semi-Annual Data
Current Ratio

Competitive Comparison of Comprehensive Multiple Transport's Current Ratio

For the Railroads subindustry, Comprehensive Multiple Transport'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.


Comprehensive Multiple Transport's Current Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Comprehensive Multiple Transport's Current Ratio distribution charts can be found below:

* The bar in red indicates where Comprehensive Multiple Transport's Current Ratio falls into.


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Comprehensive Multiple Transport 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.

Comprehensive Multiple Transport's Current Ratio for the fiscal year that ended in . 20 is calculated as

Current Ratio (A: . 20 )=Total Current Assets (A: . 20 )/Total Current Liabilities (A: . 20 )
=/
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Comprehensive Multiple Transport's Current Ratio for the quarter that ended in . 20 is calculated as

Current Ratio (Q: . 20 )=Total Current Assets (Q: . 20 )/Total Current Liabilities (Q: . 20 )
=/
=

* 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.


Comprehensive Multiple Transport  (AMM:ABUS) 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.


Comprehensive Multiple Transport Current Ratio Related Terms

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Comprehensive Multiple Transport Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
P.O. Box 744, Amman, JOR, 19374
Comprehensive Multiple Transport is engaged in providing public transport services on public transport lines for passengers within Amman Municipality, the capital governorate, and any lines within the kingdom, owning the public transport methods for passengers and establishing and investing in passenger bus-stop on the lines served by the company. The integrated fleet provides a fleet of six hundred buses, including approximately two hundred fifty operating buses, distributed over forty three lines inside and outside the country.