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GRYG (Green Energy Group) Current Ratio : 0.00 (As of . 20)


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What is Green Energy Group 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. Green Energy Group's current ratio for the quarter that ended in . 20 was 0.00.

Green Energy Group 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 Green Energy Group 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 Green Energy Group's Current Ratio or its related term are showing as below:

GRYG's Current Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.435
* Ranked among companies with meaningful Current Ratio only.

Green Energy Group Current Ratio Historical Data

The historical data trend for Green Energy Group'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.

Green Energy Group Current Ratio Chart

Green Energy Group Annual Data
Trend
Current Ratio

Green Energy Group Semi-Annual Data
Current Ratio

Competitive Comparison of Green Energy Group's Current Ratio

For the Solar subindustry, Green Energy Group'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.


Green Energy Group's Current Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Green Energy Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Green Energy Group's Current Ratio falls into.



Green Energy Group 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.

Green Energy Group'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 )
=/
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Green Energy Group'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.


Green Energy Group  (OTCPK:GRYG) 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.


Green Energy Group Current Ratio Related Terms

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Green Energy Group Business Description

Traded in Other Exchanges
N/A
Address
7211 Haven Avenue, Suite E, Rancho Cucamonga, CA, USA, 91730
Green Energy Group Inc is a solar power company engaged in the installation of solar panels to residential homes.
Executives
David J Panaia director, 10 percent owner, officer: Chairman / CEO
Richard C Turner director, officer: CFO / Treasurer

Green Energy Group Headlines

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