IDGR (Ideal Group of) Current Ratio: 0.00 (As of . 20)


What is Ideal Group of Current Ratio?

Ideal Group of IDGR 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. Ideal Group of's current ratio for the quarter that ended in . 20 was 0.00.

Ideal Group of 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 Ideal Group of 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 Ideal Group of's Current Ratio or its related term are showing as below:

IDGR's Current Ratio is not ranked *
in the Banks industry.
Industry Median: 4.82
* Ranked among companies with meaningful Current Ratio only.

Ideal Group of  (OTCPK:IDGR) 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.

Ideal Group of Current Ratio Related Terms

Ideal Group of Current Ratio Historical Data

* Premium members only.

The historical data trend for Ideal Group of'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.

Ideal Group of Current Ratio Chart

Ideal Group of Annual Data
Trend
Current Ratio

Ideal Group of Quarterly Data
Current Ratio

IDGR vs EPXY, STTH, ZIMCF: Current Ratio Comparison

For the Mortgage Finance subindustry, Ideal Group of'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.

Ideal Group of Current Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Ideal Group of's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ideal Group of's Current Ratio falls into.


Ideal Group of 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.

Ideal Group of'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 )
=/
=

Ideal Group of'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?
Ideal Group of (IDGR) has a Current Ratio of 0.00 as of . 20.
Is Ideal Group of's Current Ratio too high?
Ideal Group of's current Current Ratio is 0.00.
How does Ideal Group of's Current Ratio compare to EPXY and STTH?
Ideal Group of's Current Ratio of 0.00 can be compared against companies in the Banks industry. The industry median Current Ratio is 4.82. 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 Banks company?
The median Current Ratio among Banks companies is 4.82, based on 47 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 Banks industry, the median Current Ratio is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ideal Group of'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 Ideal Group of stock overvalued right now?
Ideal Group of (IDGR) 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 Ideal Group of (IDGR), 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.

Ideal Group of Business Description

Address 1525 North Fant Street, Anderson, SC, USA, 29621
Ideal Group of Companies Inc is focused on four areas: (1) real estate consisting of (a) real estate mortgage brokerage and commercial loans, (b) development of residential and commercial projects initially in South Carolina, Florida, Texas and adjacent states, (2) licensing and sales of data bases of senior and other email addresses principally consisting of seniors and business executives, (3) online targeted marketing, advertising and sales of products and services and (4) sharing of product marketing revenue with its strategic marketing partners and (5) the mortgage business. The company generates all of its revenue from the Mortgage Business.