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Electronic Tele-Communications (Electronic Tele-Communications) Current Ratio : 0.65 (As of Jun. 2007)


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What is Electronic Tele-Communications 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. Electronic Tele-Communications's current ratio for the quarter that ended in Jun. 2007 was 0.65.

Electronic Tele-Communications has a current ratio of 0.65. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Electronic Tele-Communications 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 Electronic Tele-Communications's Current Ratio or its related term are showing as below:

ETCIA's Current Ratio is not ranked *
in the Hardware industry.
Industry Median: 2.02
* Ranked among companies with meaningful Current Ratio only.

Electronic Tele-Communications Current Ratio Historical Data

The historical data trend for Electronic Tele-Communications'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.

Electronic Tele-Communications Current Ratio Chart

Electronic Tele-Communications Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 1.94 1.98 1.08 0.81

Electronic Tele-Communications Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 0.97 0.87 0.81 0.79 0.65

Competitive Comparison of Electronic Tele-Communications's Current Ratio

For the Communication Equipment subindustry, Electronic Tele-Communications'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.


Electronic Tele-Communications's Current Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Electronic Tele-Communications's Current Ratio distribution charts can be found below:

* The bar in red indicates where Electronic Tele-Communications's Current Ratio falls into.



Electronic Tele-Communications 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.

Electronic Tele-Communications's Current Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Current Ratio (A: Dec. 2006 )=Total Current Assets (A: Dec. 2006 )/Total Current Liabilities (A: Dec. 2006 )
=0.742/0.911
=0.81

Electronic Tele-Communications's Current Ratio for the quarter that ended in Jun. 2007 is calculated as

Current Ratio (Q: Jun. 2007 )=Total Current Assets (Q: Jun. 2007 )/Total Current Liabilities (Q: Jun. 2007 )
=0.716/1.1
=0.65

* 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.


Electronic Tele-Communications  (OTCPK:ETCIA) 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.


Electronic Tele-Communications Current Ratio Related Terms

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Electronic Tele-Communications (Electronic Tele-Communications) Business Description

Traded in Other Exchanges
N/A
Address
1915 MacArthur Road, Waukesha, WI, USA, 53188
Electronic Tele-Communications Inc is a service provider in a converging network. The converging network refers to the methods of transmitting voice through traditional circuit switching and newer methods, such as packet-switching. Its customers include ILECs (incumbent local exchange carriers), RBOCs (Regional Bell Operating Companies), CLECs (competitive local exchange carriers), wireless providers, long-distance companies, cable companies, and utilities.
Executives
Goodkind Conrad G director 411 EAST WISCOSIN AVE, MILWAUKEE WI 53202

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