FHLTW (Future Health ESG) Current Ratio: 0.02 (As of Dec. 2023) — 97% Below Median

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FHLTW Future Health ESG Corp FHLTW
23 GF Score
Price $0.06
! 2 Warning Signs
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What is Future Health ESG Current Ratio?

Future Health ESG FHLTW 23 Current Ratio is 0.02 as of Dec. 2023, which is 97% below its 10-year median of 0.70. GuruFocus rates FHLTW with a GF Score™ of 23/100. The stock has 2 warning signs investors should review.

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. Future Health ESG's current ratio for the quarter that ended in Dec. 2023 was 0.02.

Future Health ESG 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 Future Health ESG 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 Future Health ESG's Current Ratio or its related term are showing as below:

FHLTW' s Current Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.7   Max: 12.54
Current: 0.02

During the past 3 years, Future Health ESG's highest Current Ratio was 12.54. The lowest was 0.02. And the median was 0.70.

FHLTW's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.65 vs FHLTW: 0.02

Future Health ESG  (NAS:FHLTW) 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.


Future Health ESG Current Ratio Related Terms


Future Health ESG Current Ratio Historical Data

* Premium members only.

The historical data trend for Future Health ESG'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.

Future Health ESG Current Ratio Chart

Future Health ESG Annual Data
Trend Dec21 Dec22 Dec23
Current Ratio
12.54 0.70 0.02

Future Health ESG Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.54 0.32 0.24 0.02

FHLTW vs GMFI, MAQC, EFHT: Current Ratio Comparison

For the Shell Companies subindustry, Future Health ESG'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.


Future Health ESG Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Future Health ESG's Current Ratio distribution charts can be found below:

* The bar in red indicates where Future Health ESG's Current Ratio falls into.


FHLTW
23GF Score
Future Health ESG Corp FHLTW
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Future Health ESG 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.

Future Health ESG's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=0.127/8.441
=0.02

Future Health ESG's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=0.127/8.441
=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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.02 mean?
Future Health ESG (FHLTW) has a Current Ratio of 0.02 as of Dec. 2023. This is 97% below median its historical median of 0.70. Over the past decade, Future Health ESG's Current Ratio has ranged from 0.02 to 12.54.
Is Future Health ESG's Current Ratio too high?
Future Health ESG's current Current Ratio of 0.02 is 97% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 12.54. The Diversified Financial Services industry median Current Ratio is 2.65. Future Health ESG's value of 0.02 is 99.2% below this industry median. Overall, Future Health ESG has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Future Health ESG's Current Ratio compare to GMFI and MAQC?
Future Health ESG's Current Ratio of 0.02 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 2.65. Future Health ESG's value of 0.02 is 99.2% below this benchmark. Historically, Future Health ESG's own Current Ratio has ranged from 0.02 to 12.54 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 2.65, Future Health ESG has consistently been below the industry average. 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 a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 2.65, based on 465 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. Future Health ESG's current Current Ratio of 0.02 is 99.2% below the industry median. 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 Diversified Financial Services industry, the median Current Ratio is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Health ESG's current Current Ratio is 0.02, which is 97% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Health ESG stock overvalued right now?
Future Health ESG (FHLTW) has a current Current Ratio of 0.02. The current Current Ratio is 0.02, which is 97% below median its 10-year median of 0.70 and 99.2% below the Diversified Financial Services industry median of 2.65. Future Health ESG's overall GF Score™ is 23/100 with 2 warning signs to review. 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 Future Health ESG (FHLTW), the current Current Ratio is 0.02 as of Dec. 2023. 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.

Future Health ESG Business Description

Address 8 The Green, Suite 12081, Dover, DE, USA, 19901
Future Health ESG Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
23GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.06
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