Asia Properties (Asia Properties) Current Ratio : 0.00 (As of Sep. 2017)

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What is Asia Properties 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. Asia Properties's current ratio for the quarter that ended in Sep. 2017 was 0.00.

Asia Properties 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 Asia Properties 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 Asia Properties's Current Ratio or its related term are showing as below:

ASPZ's Current Ratio is not ranked ^*
in the Real Estate industry.
Industry Median: 1.62
* Ranked among companies with meaningful Current Ratio only.

Asia Properties Current Ratio Historical Data

The historical data trend for Asia Properties'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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Asia Properties Current Ratio Chart

Asia Properties Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Current Ratio

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Asia Properties Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Current Ratio	Get a 7-Day Free Trial															0.01	-	-	0.01	-

Competitive Comparison of Asia Properties's Current Ratio

For the Real Estate Services subindustry, Asia Properties'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.

Asia Properties's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Asia Properties's Current Ratio distribution charts can be found below:

* The bar in red indicates where Asia Properties's Current Ratio falls into.

Asia Properties 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.

Asia Properties's Current Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Current Ratio (A: Dec. 2016 )	=	Total Current Assets (A: Dec. 2016 )	/	Total Current Liabilities (A: Dec. 2016 )
	=	0	/	0.31
	=	0.00

Asia Properties's Current Ratio for the quarter that ended in Sep. 2017 is calculated as

Current Ratio (Q: Sep. 2017 )	=	Total Current Assets (Q: Sep. 2017 )	/	Total Current Liabilities (Q: Sep. 2017 )
	=	0.002	/	0.421
	=	0.00

Asia Properties (OTCPK:ASPZ) 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.

Asia Properties Current Ratio Related Terms

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