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. CD International Enterprises's current ratio for the quarter that ended in Mar. 2017 was 0.00.
CD International Enterprises 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 CD International Enterprises 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 CD International Enterprises's Current Ratio or its related term are showing as below:
CDIIQ's Current Ratio is not ranked *
in the Industrial Distribution industry.
Industry Median: 1.97 * Ranked among companies with meaningful Current Ratio only.
CD International Enterprises (OTCPK:CDIIQ) 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.
CD International Enterprises Current Ratio Related Terms
CD International Enterprises Current Ratio Historical Data
* 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.
CDIIQ vs WARM, PHOT, GRWG: Current Ratio Comparison
For the Industrial Distribution subindustry, CD International Enterprises'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.
CD International Enterprises Current Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, CD International Enterprises's Current Ratio distribution charts can be found below:
* The bar in red indicates where CD International Enterprises's Current Ratio falls into.
* 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.
CD International Enterprises (CDIIQ) has a Current Ratio of 0.00 as of Mar. 2017.
Is CD International Enterprises' Current Ratio too high?
CD International Enterprises' current Current Ratio is 0.00.
How does CD International Enterprises' Current Ratio compare to WARM and PHOT?
CD International Enterprises' Current Ratio of 0.00 can be compared against companies in the Industrial Distribution industry. The industry median Current Ratio is 1.97. 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 an Industrial Distribution company?
The median Current Ratio among Industrial Distribution companies is 1.97, based on 157 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 Industrial Distribution industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CD International Enterprises'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 CD International Enterprises stock overvalued right now?
CD International Enterprises (CDIIQ) 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 CD International Enterprises (CDIIQ), the current Current Ratio is 0.00 as of Mar. 2017. 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.
CD International Enterprises Inc is the United States based company that sources and distributes industrial products in China and the Americas. The company also provides business and management consulting services to public and private American and Chinese businesses. It operates in two identifiable segments - Trading and Consulting. The Trading segment is engaged in sources and distribution of industrial commodities from North and South America for ultimate distribution in China. The Consulting segment provides business and management consulting services to the United States public companies that operate primarily in China.
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