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BTHC XIV (BTHC XIV) Current Ratio : 0.01 (As of Mar. 2012)


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What is BTHC XIV 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. BTHC XIV's current ratio for the quarter that ended in Mar. 2012 was 0.01.

BTHC XIV has a current ratio of 0.01. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If BTHC XIV 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 BTHC XIV's Current Ratio or its related term are showing as below:

BXII's Current Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 1.535
* Ranked among companies with meaningful Current Ratio only.

BTHC XIV Current Ratio Historical Data

The historical data trend for BTHC XIV'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.

BTHC XIV Current Ratio Chart

BTHC XIV Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Current Ratio
Get a 7-Day Free Trial - - - 0.09 0.01

BTHC XIV Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.01 0.01 0.01

Competitive Comparison of BTHC XIV's Current Ratio

For the Conglomerates subindustry, BTHC XIV'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.


BTHC XIV's Current Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BTHC XIV's Current Ratio distribution charts can be found below:

* The bar in red indicates where BTHC XIV's Current Ratio falls into.



BTHC XIV 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.

BTHC XIV's Current Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Current Ratio (A: Dec. 2011 )=Total Current Assets (A: Dec. 2011 )/Total Current Liabilities (A: Dec. 2011 )
=0.001/0.074
=0.01

BTHC XIV's Current Ratio for the quarter that ended in Mar. 2012 is calculated as

Current Ratio (Q: Mar. 2012 )=Total Current Assets (Q: Mar. 2012 )/Total Current Liabilities (Q: Mar. 2012 )
=0.001/0.077
=0.01

* 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.


BTHC XIV  (OTCPK:BXII) 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.


BTHC XIV Current Ratio Related Terms

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BTHC XIV (BTHC XIV) Business Description

Traded in Other Exchanges
N/A
Address
Website
BTHC XIV Inc currently has a business plan to seek and identify a privately-held operating company desiring to become a publicly held company by combining with it through a reverse merger or acquisition type transaction.
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, CB,Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

BTHC XIV (BTHC XIV) Headlines

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