GLCC (Good Life China) Current Ratio: 0.00 (As of . 20)


What is Good Life China Current Ratio?

Good Life China GLCC Current Ratio is 0.00 as of . 20.

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. Good Life China's current ratio for the quarter that ended in . 20 was 0.00.

Good Life China 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 Good Life China 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 Good Life China's Current Ratio or its related term are showing as below:

GLCC's Current Ratio is not ranked *
in the Retail - Defensive industry.
Industry Median: 1.31
* Ranked among companies with meaningful Current Ratio only.

Good Life China  (OTCPK:GLCC) 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.

Good Life China Current Ratio Related Terms

Good Life China Current Ratio Historical Data

* Premium members only.

The historical data trend for Good Life China'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.

Good Life China Current Ratio Chart

Good Life China Annual Data
Trend
Current Ratio

Good Life China Quarterly Data
Current Ratio

GLCC vs GBBT, BWMG, SCRH: Current Ratio Comparison

For the Food Distribution subindustry, Good Life China'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.

Good Life China Current Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Good Life China's Current Ratio distribution charts can be found below:

* The bar in red indicates where Good Life China's Current Ratio falls into.


Good Life China 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.

Good Life China's Current Ratio for the fiscal year that ended in . 20 is calculated as

Current Ratio (A: . 20 )=Total Current Assets (A: . 20 )/Total Current Liabilities (A: . 20 )
=/
=

Good Life China's Current Ratio for the quarter that ended in . 20 is calculated as

Current Ratio (Q: . 20 )=Total Current Assets (Q: . 20 )/Total Current Liabilities (Q: . 20 )
=/
=

* 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?
Good Life China (GLCC) has a Current Ratio of 0.00 as of . 20.
Is Good Life China's Current Ratio too high?
Good Life China's current Current Ratio is 0.00.
How does Good Life China's Current Ratio compare to GBBT and BWMG?
Good Life China's Current Ratio of 0.00 can be compared against companies in the Retail - Defensive industry. The industry median Current Ratio is 1.31. 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 Retail - Defensive company?
The median Current Ratio among Retail - Defensive companies is 1.31, based on 312 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 Retail - Defensive industry, the median Current Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Life China'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 Good Life China stock overvalued right now?
Good Life China (GLCC) 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 Good Life China (GLCC), the current Current Ratio is 0.00 as of . 20. 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.

Good Life China Business Description

Address Guancheng Junda Business Center, Dongcheng District, Dongguan, CHN, 100085
Good Life China Corp operates as a one-stop integrated model of modern large-scale food production, and marketing company.