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Middle East for Production and Marketing-Fish (IQS:AMEF) Current Ratio : 0.00 (As of . 20)


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What is Middle East for Production and Marketing-Fish 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. Middle East for Production and Marketing-Fish's current ratio for the quarter that ended in . 20 was 0.00.

Middle East for Production and Marketing-Fish 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 Middle East for Production and Marketing-Fish 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 Middle East for Production and Marketing-Fish's Current Ratio or its related term are showing as below:

IQS:AMEF's Current Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.66
* Ranked among companies with meaningful Current Ratio only.

Middle East for Production and Marketing-Fish Current Ratio Historical Data

The historical data trend for Middle East for Production and Marketing-Fish'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.

Middle East for Production and Marketing-Fish Current Ratio Chart

Middle East for Production and Marketing-Fish Annual Data
Trend
Current Ratio

Middle East for Production and Marketing-Fish Quarterly Data
Current Ratio

Competitive Comparison of Middle East for Production and Marketing-Fish's Current Ratio

For the Farm Products subindustry, Middle East for Production and Marketing-Fish'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.


Middle East for Production and Marketing-Fish's Current Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Middle East for Production and Marketing-Fish's Current Ratio distribution charts can be found below:

* The bar in red indicates where Middle East for Production and Marketing-Fish's Current Ratio falls into.



Middle East for Production and Marketing-Fish 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.

Middle East for Production and Marketing-Fish'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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Middle East for Production and Marketing-Fish'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.


Middle East for Production and Marketing-Fish  (IQS:AMEF) 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.


Middle East for Production and Marketing-Fish Current Ratio Related Terms

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Middle East for Production and Marketing-Fish (IQS:AMEF) Business Description

Traded in Other Exchanges
N/A
Address
Naser Helwa Building, Hai Al Wahda, Baghdad, IRQ
Website
Middle East for Production and Marketing-Fish operates in aquaculture processes. Its activities include the breeding and marketing of fish and fish products including fresh, canned, and frozen seafood.

Middle East for Production and Marketing-Fish (IQS:AMEF) Headlines

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