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


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What is For The Earth 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. 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: 1.85
* Ranked among companies with meaningful Current Ratio only.

For The Earth Current Ratio Historical Data

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.

* Premium members only.

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
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 0.12 0.06 0.03 0.02 -

Competitive Comparison of For The Earth's Current Ratio

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's Current Ratio Distribution in the 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.


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

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For The Earth (For The Earth) Business Description

Traded in Other Exchanges
N/A
Address
2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016
For The Earth Corp is an emerging integrated CBD producer and retailer in the United States. The company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets.