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DirectView Holdings (DirectView Holdings) Current Ratio : 0.02 (As of Sep. 2019)


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What is DirectView Holdings 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. DirectView Holdings's current ratio for the quarter that ended in Sep. 2019 was 0.02.

DirectView Holdings has a current ratio of 0.02. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If DirectView Holdings 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 DirectView Holdings's Current Ratio or its related term are showing as below:

DIRV's Current Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.755
* Ranked among companies with meaningful Current Ratio only.

DirectView Holdings Current Ratio Historical Data

The historical data trend for DirectView Holdings'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.

DirectView Holdings Current Ratio Chart

DirectView Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.08 0.02 0.07 0.03

DirectView Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.04 0.03 0.02 0.05 0.02

Competitive Comparison of DirectView Holdings's Current Ratio

For the Security & Protection Services subindustry, DirectView Holdings'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.


DirectView Holdings's Current Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DirectView Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where DirectView Holdings's Current Ratio falls into.



DirectView Holdings 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.

DirectView Holdings's Current Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=0.691/22.042
=0.03

DirectView Holdings's Current Ratio for the quarter that ended in Sep. 2019 is calculated as

Current Ratio (Q: Sep. 2019 )=Total Current Assets (Q: Sep. 2019 )/Total Current Liabilities (Q: Sep. 2019 )
=0.764/32.346
=0.02

* 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.


DirectView Holdings  (OTCPK:DIRV) 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.


DirectView Holdings Current Ratio Related Terms

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DirectView Holdings (DirectView Holdings) Business Description

Traded in Other Exchanges
N/A
Address
21218 Saint Andrews Boulevard, Suite 323, Boca Raton, FL, USA, 33433
DirectView Holdings Inc through its subsidiaries operates within two divisions security and surveillance and video conferencing services. Security and Surveillance divisions design and installs surveillance systems, digital video recording, and services. Video conferencing services provide full-service teleconferencing services. It provides managed security solutions and video conferencing services for a broad range of industries including hospitality, banking, aviation, processing/refining, and manufacturing/logistics as well as commercial, office and residential locations.
Executives
Steven M Plumb officer: Chief Financial Officer 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Judith Muhlberg director 518 BAYSIDE DRIVE STEVENSVILLE MD 21666
Emmit J. Mchenry director 427 WALKER ROAD GREAT FALLS VA 22066
Roger Ralston director, 10 percent owner, officer: CEO and Chairman 21218 ST. ANDREWS BLVD. #323 BOCA RATON FL 33433
Michele Ralston director, officer: Director and CFO 21218 ST. ANDREWS BLVD. #323 BOCA RATON FL 33433
Scott Burns director, officer: Director and Pres. 17820 ORCHID STREET N.W. ANDOVER MN 55304