AQIA (Aquiva Group) Current Ratio: 0.00 (As of Sep. 2008)


What is Aquiva Group Current Ratio?

Aquiva Group AQIA -34.22% Current Ratio is 0.00 as of Sep. 2008.

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. Aquiva Group's current ratio for the quarter that ended in Sep. 2008 was 0.00.

Aquiva Group 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 Aquiva Group 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 Aquiva Group's Current Ratio or its related term are showing as below:

AQIA's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.81
* Ranked among companies with meaningful Current Ratio only.

Aquiva Group  (OTCPK:AQIA) 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.


Aquiva Group Current Ratio Related Terms


Aquiva Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Aquiva Group'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.

Aquiva Group Current Ratio Chart

Aquiva Group Annual Data
Trend Mar06 Mar07 Mar08
Current Ratio
0.00 2.00 0.12

Aquiva Group Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.12 0.00 0.00

AQIA vs LOGQ, MUSS, KLMN: Current Ratio Comparison

For the Software - Application subindustry, Aquiva Group'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.


Aquiva Group Current Ratio vs Software Industry

For the Software industry and Technology sector, Aquiva Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Aquiva Group's Current Ratio falls into.



Aquiva Group 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.

Aquiva Group's Current Ratio for the fiscal year that ended in Mar. 2008 is calculated as

Current Ratio (A: Mar. 2008 )=Total Current Assets (A: Mar. 2008 )/Total Current Liabilities (A: Mar. 2008 )
=0.537/4.45
=0.12

Aquiva Group's Current Ratio for the quarter that ended in Sep. 2008 is calculated as

Current Ratio (Q: Sep. 2008 )=Total Current Assets (Q: Sep. 2008 )/Total Current Liabilities (Q: Sep. 2008 )
=0.027/0
=

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.00 mean?
Aquiva Group (AQIA) has a Current Ratio of 0.00 as of Sep. 2008.
Is Aquiva Group's Current Ratio too high?
Aquiva Group's current Current Ratio is 0.00.
How does Aquiva Group's Current Ratio compare to LOGQ and MUSS?
Aquiva Group's Current Ratio of 0.00 can be compared against companies in the Software industry. The industry median Current Ratio is 1.81. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Software company?
The median Current Ratio among Software companies is 1.81, based on 2,862 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aquiva Group's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aquiva Group stock overvalued right now?
Aquiva Group (AQIA) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Aquiva Group (AQIA), the current Current Ratio is 0.00 as of Sep. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aquiva Group Business Description

Address No. 3 Bethesda Metro Center, Suite 700, Bethesda, MD, USA, 20814
Aquiva Group Inc is focused on commercializing materials science technologies in both existing and emerging markets. It has licensed a novel HiPNATM (Hydrogel with InterPenetrating Network Anchor) technology, branded as AquiFormTM, which is a versatile material with key properties, making it an attractive platform for various applications. These applications include transdermal patches that release active ingredients for skin care, nutraceuticals, and other healthcare and cosmetics markets. The company operates across three segments: Consumer Health, Wellness, & Cosmetics; Medical Device; and Therapeutics & Transdermal Drug-Delivery Systems (TDS). Additionally, it is building on an established partnership network and capabilities in contract development to expand its services to new areas.