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ITUP (Interups) Current Ratio : 0.06 (As of May. 2016)


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What is Interups 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. Interups's current ratio for the quarter that ended in May. 2016 was 0.06.

Interups has a current ratio of 0.06. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Interups 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 Interups's Current Ratio or its related term are showing as below:

ITUP's Current Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.425
* Ranked among companies with meaningful Current Ratio only.

Interups Current Ratio Historical Data

The historical data trend for Interups'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.

Interups Current Ratio Chart

Interups Annual Data
Trend May12 May13 May14 May15 May16
Current Ratio
- 1.80 0.20 - 0.06

Interups Semi-Annual Data
May12 May13 May14 May15 May16
Current Ratio - 1.80 0.20 - 0.06

Competitive Comparison of Interups's Current Ratio

For the Shell Companies subindustry, Interups'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.


Interups's Current Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Interups's Current Ratio distribution charts can be found below:

* The bar in red indicates where Interups's Current Ratio falls into.



Interups 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.

Interups's Current Ratio for the fiscal year that ended in May. 2016 is calculated as

Current Ratio (A: May. 2016 )=Total Current Assets (A: May. 2016 )/Total Current Liabilities (A: May. 2016 )
=0.078/1.28
=0.06

Interups's Current Ratio for the quarter that ended in May. 2016 is calculated as

Current Ratio (Q: May. 2016 )=Total Current Assets (Q: May. 2016 )/Total Current Liabilities (Q: May. 2016 )
=0.078/1.28
=0.06

* 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.


Interups  (OTCPK:ITUP) 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.


Interups Current Ratio Related Terms

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Interups Business Description

Traded in Other Exchanges
N/A
Address
90 State Street, Suite 700, Office 40, Albany, NY, USA, 12207
Interups Inc is a United States-based company engaged in the business of identifying and investing in business opportunities or transactions either directly or on behalf of its stakeholders, affiliates, associate concerns and clients. It specializes in crafting turnkey solutions involving complex financial and strategic challenges for a diverse set of businesses around the world, including firms, corporations, governments, institutions, partnerships, and individuals. The company also assists emerging and mature but distress clients in their capital, business structuring needs and acquire or invest in them by reviewing, analyzing and modelling various structural alternatives and assisting in their financial and management needs towards growth and turnaround.

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