BWPC (Blue Water Petroleum) Current Ratio: 0.00 (As of Apr. 2014)

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What is Blue Water Petroleum Current Ratio?

Blue Water Petroleum BWPC Current Ratio is 0.00 as of Apr. 2014.

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. Blue Water Petroleum's current ratio for the quarter that ended in Apr. 2014 was 0.00.

Blue Water Petroleum 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 Blue Water Petroleum 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 Blue Water Petroleum's Current Ratio or its related term are showing as below:

BWPC's Current Ratio is not ranked *
in the Waste Management industry.
Industry Median: 1.52
* Ranked among companies with meaningful Current Ratio only.

Blue Water Petroleum  (OTCPK:BWPC) 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.


Blue Water Petroleum Current Ratio Related Terms


Blue Water Petroleum Current Ratio Historical Data

* Premium members only.

The historical data trend for Blue Water Petroleum'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.

Blue Water Petroleum Current Ratio Chart

Blue Water Petroleum Annual Data
Trend Jul11 Jul12 Jul13
Current Ratio
0.13 0.03 0.09

Blue Water Petroleum Quarterly Data
Apr10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 0.01 0.09 0.01 0.00 0.00

BWPC vs EUENF, ATLS, JONEQ: Current Ratio Comparison

For the Waste Management subindustry, Blue Water Petroleum'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.


Blue Water Petroleum Current Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Blue Water Petroleum's Current Ratio distribution charts can be found below:

* The bar in red indicates where Blue Water Petroleum's Current Ratio falls into.



Blue Water Petroleum 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.

Blue Water Petroleum's Current Ratio for the fiscal year that ended in Jul. 2013 is calculated as

Current Ratio (A: Jul. 2013 )=Total Current Assets (A: Jul. 2013 )/Total Current Liabilities (A: Jul. 2013 )
=0.04/0.467
=0.09

Blue Water Petroleum's Current Ratio for the quarter that ended in Apr. 2014 is calculated as

Current Ratio (Q: Apr. 2014 )=Total Current Assets (Q: Apr. 2014 )/Total Current Liabilities (Q: Apr. 2014 )
=0.001/1.329
=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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.00 mean?
Blue Water Petroleum (BWPC) has a Current Ratio of 0.00 as of Apr. 2014.
Is Blue Water Petroleum's Current Ratio too high?
Blue Water Petroleum's current Current Ratio is 0.00.
How does Blue Water Petroleum's Current Ratio compare to EUENF and ATLS?
Blue Water Petroleum's Current Ratio of 0.00 can be compared against companies in the Waste Management industry. The industry median Current Ratio is 1.52. 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 Waste Management company?
The median Current Ratio among Waste Management companies is 1.52, based on 247 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 Waste Management industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Water Petroleum'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 Blue Water Petroleum stock overvalued right now?
Blue Water Petroleum (BWPC) 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 Blue Water Petroleum (BWPC), the current Current Ratio is 0.00 as of Apr. 2014. 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.

Blue Water Petroleum Business Description

Address 2232 Dell Range Boulevard 277, Cheyenne, WY, USA, 82009
Blue Water Petroleum Corp is a holding company with the wholly owned subsidiary Blue Water Limited, LLC. Blue Water Limited, LLC holds the rights to the oil and gas mining claims in Montana and will hold future claims that are acquired. Company is engaged in recycling pyrolysis services. The company focused on creating value with pyrolysis treatment techniques that convert waste hydrocarbon materials, and petroleum sludge into saleable products, and oil and upgrading low-quality crude oil by increasing API gravity while reducing contamination. Currently company is operating Recycling recovery of substances and energy from waste, Waste Management, Catalytic technologies etc.