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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Current Ratio : 0.00 (As of Sep. 2022)


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What is Flowerkist Skin Caresmetics 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. Flowerkist Skin Caresmetics's current ratio for the quarter that ended in Sep. 2022 was 0.00.

Flowerkist Skin Caresmetics 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 Flowerkist Skin Caresmetics 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 Flowerkist Skin Caresmetics's Current Ratio or its related term are showing as below:

FKST's Current Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.66
* Ranked among companies with meaningful Current Ratio only.

Flowerkist Skin Caresmetics Current Ratio Historical Data

The historical data trend for Flowerkist Skin Caresmetics'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.

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Flowerkist Skin Caresmetics Current Ratio Chart

Flowerkist Skin Caresmetics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21
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Flowerkist Skin Caresmetics Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Jul16 Jul17 Jul18 Jul19 Jul20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Flowerkist Skin Caresmetics's Current Ratio

For the Household & Personal Products subindustry, Flowerkist Skin Caresmetics'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.


Flowerkist Skin Caresmetics's Current Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowerkist Skin Caresmetics's Current Ratio distribution charts can be found below:

* The bar in red indicates where Flowerkist Skin Caresmetics's Current Ratio falls into.



Flowerkist Skin Caresmetics 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.

Flowerkist Skin Caresmetics's Current Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Current Ratio (A: Dec. 2021 )=Total Current Assets (A: Dec. 2021 )/Total Current Liabilities (A: Dec. 2021 )
=0/0.002
=0.00

Flowerkist Skin Caresmetics's Current Ratio for the quarter that ended in Sep. 2022 is calculated as

Current Ratio (Q: Sep. 2022 )=Total Current Assets (Q: Sep. 2022 )/Total Current Liabilities (Q: Sep. 2022 )
=0/0.039
=0.00

* 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.


Flowerkist Skin Caresmetics  (OTCPK:FKST) 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.


Flowerkist Skin Caresmetics Current Ratio Related Terms

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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1117 State Street, Santa Barbara, CA, USA, 93101
Flowerkist Skin Care & Cosmetics Inc is involved in the Development and contract manufacturing of CBD (0% THC) infused skincare and cosmetics. Marketing and selling these products through various online and targeted channels including Medical SPAs.

Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Headlines

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