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D7 Enterprises (D7 Enterprises) Current Ratio : 1.47 (As of Sep. 2000)


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What is D7 Enterprises 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. D7 Enterprises's current ratio for the quarter that ended in Sep. 2000 was 1.47.

D7 Enterprises has a current ratio of 1.47. It generally indicates good short-term financial strength.

The historical rank and industry rank for D7 Enterprises's Current Ratio or its related term are showing as below:

DGIF's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.78
* Ranked among companies with meaningful Current Ratio only.

D7 Enterprises Current Ratio Historical Data

The historical data trend for D7 Enterprises'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.

D7 Enterprises Current Ratio Chart

D7 Enterprises Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99
Current Ratio
0.33 3.64 2.08 0.87 1.50

D7 Enterprises Quarterly Data
Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00
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 0.81 1.50 1.86 1.86 1.47

Competitive Comparison of D7 Enterprises's Current Ratio

For the Information Technology Services subindustry, D7 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.


D7 Enterprises's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, D7 Enterprises's Current Ratio distribution charts can be found below:

* The bar in red indicates where D7 Enterprises's Current Ratio falls into.



D7 Enterprises 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.

D7 Enterprises's Current Ratio for the fiscal year that ended in Dec. 2099 is calculated as

Current Ratio (A: Dec. 2099 )=Total Current Assets (A: Dec. 2099 )/Total Current Liabilities (A: Dec. 2099 )
=23.339/15.521
=1.50

D7 Enterprises's Current Ratio for the quarter that ended in Sep. 2000 is calculated as

Current Ratio (Q: Sep. 2000 )=Total Current Assets (Q: Sep. 2000 )/Total Current Liabilities (Q: Sep. 2000 )
=21.044/14.305
=1.47

* 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.


D7 Enterprises  (OTCPK:DGIF) 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.


D7 Enterprises Current Ratio Related Terms

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D7 Enterprises (D7 Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
7295 West 62nd Avenue, Suite 100, Arvada, CO, USA, 80003
D7 Enterprises Inc is engaged in hemp-related products and digital service technologies. The digital services include the back up of legacy data from old archival equipment. The system solution takes the old data off the tape drives and converts it to today's technology. Its solutions include tape backup, emulation systems, and even hardware replacement to the cloud. It has also grown a harvest of hemp seed. The company will be taking the final biomass produced and process into industry-standard distillate or isolate that can then be put into the companies line of consumer and industrial products. These include creams, lotions, and tincture of CBD and CBG for pain.

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