FTEG (For The Earth) Current Ratio: 0.00 (As of Sep. 2004)


What is For The Earth Current Ratio?

For The Earth FTEG Current Ratio is 0.00 as of Sep. 2004.

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. For The Earth's current ratio for the quarter that ended in Sep. 2004 was 0.00.

For The Earth 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 For The Earth 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 For The Earth's Current Ratio or its related term are showing as below:

FTEG's Current Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.995
* Ranked among companies with meaningful Current Ratio only.

For The Earth  (OTCPK:FTEG) 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.


For The Earth Current Ratio Related Terms


For The Earth Current Ratio Historical Data

* Premium members only.

The historical data trend for For The Earth'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.

For The Earth Current Ratio Chart

For The Earth Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Current Ratio
1.65 0.66 0.91 1.98 0.06

For The Earth Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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 0.12 0.06 0.03 0.02 0.00

FTEG vs HGGGQ, EFTB, HADV: Current Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, For The Earth'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.


For The Earth Current Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, For The Earth's Current Ratio distribution charts can be found below:

* The bar in red indicates where For The Earth's Current Ratio falls into.



For The Earth 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.

For The Earth's Current Ratio for the fiscal year that ended in Dec. 2003 is calculated as

Current Ratio (A: Dec. 2003 )=Total Current Assets (A: Dec. 2003 )/Total Current Liabilities (A: Dec. 2003 )
=0.03/0.499
=0.06

For The Earth's Current Ratio for the quarter that ended in Sep. 2004 is calculated as

Current Ratio (Q: Sep. 2004 )=Total Current Assets (Q: Sep. 2004 )/Total Current Liabilities (Q: Sep. 2004 )
=0/0.743
=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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.00 mean?
For The Earth (FTEG) has a Current Ratio of 0.00 as of Sep. 2004.
Is For The Earth's Current Ratio too high?
For The Earth's current Current Ratio is 0.00.
How does For The Earth's Current Ratio compare to HGGGQ and EFTB?
For The Earth's Current Ratio of 0.00 can be compared against companies in the Drug Manufacturers industry. The industry median Current Ratio is 2.00. 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 Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 2.00, based on 998 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. 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 Drug Manufacturers industry, the median Current Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. For The Earth's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is For The Earth stock overvalued right now?
For The Earth (FTEG) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. 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 For The Earth (FTEG), the current Current Ratio is 0.00 as of Sep. 2004. 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.

For The Earth Business Description

Address 2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016
For The Earth Corp is engaged in Healthy and Wellness MedSpa Services and Products Sold Through MedSpa and Online Operations. Its product include CBD, Skincare Products and Health Services through MedSpa.