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 Stream Holdings's current ratio for the quarter that ended in Oct. 2023 was 0.00.
Green Stream Holdings 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 Stream Holdings 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 Stream Holdings's Current Ratio or its related term are showing as below:
During the past 8 years, Green Stream Holdings's highest Current Ratio was 0.04. The lowest was 0.01. And the median was 0.02.
GSFI's Current Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.34 * Ranked among companies with meaningful Current Ratio only.
Green Stream Holdings Current Ratio Historical Data
The historical data trend for Green Stream Holdings'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.
Competitive Comparison of Green Stream Holdings's Current Ratio
For the Utilities - Renewable subindustry, Green Stream Holdings'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 Stream Holdings's Current Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Green Stream Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Green Stream Holdings's Current Ratio falls into.
Green Stream Holdings 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 Stream Holdings's Current Ratio for the fiscal year that ended in Apr. 2023 is calculated as
* 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 Stream Holdings (OTCPK:GSFI) 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 Stream Holdings Current Ratio Related Terms
Thank you for viewing the detailed overview of Green Stream Holdings's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Green Stream Holdings (Green Stream Holdings) Business Description
Green Stream Holdings Inc is a provider of next-generation solar energy solutions to underrepresented and growing market segments. It has developed a Solar Greenhouse with an integrated Aquaponics system that allows maximizing growth yield, with limited space, such as on top of commercial rooftops, or standalone space in a water-deprived environment, increasing bottom line profits on continuous growth, and saving on utility costs. It has business operations in California, Nevada, Arizona, Colorado, New Mexico, New York, New Jersey, and Massachusetts. Its project portfolio includes New Solar Green House, Stitch Building, Saint Raymond's Church and School Bronx, Hampton's Solar on Pergola, and Stellar Management.
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