KRED (KonaRed) Current Ratio: 0.20 (As of Dec. 2017)


What is KonaRed Current Ratio?

KonaRed KRED Current Ratio is 0.20 as of Dec. 2017.

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. KonaRed's current ratio for the quarter that ended in Dec. 2017 was 0.20.

KonaRed has a current ratio of 0.20. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If KonaRed 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 KonaRed's Current Ratio or its related term are showing as below:

KRED's Current Ratio is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 1.785
* Ranked among companies with meaningful Current Ratio only.

KonaRed  (OTCPK:KRED) 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.


KonaRed Current Ratio Related Terms


KonaRed Current Ratio Historical Data

* Premium members only.

The historical data trend for KonaRed'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.

KonaRed Current Ratio Chart

KonaRed Annual Data
Trend May11 May12 May13 Dec14 Dec15 Dec16 Dec17
Current Ratio
Get a 7-Day Free Trial 0.00 4.05 1.39 0.70 0.20

KonaRed Quarterly Data
Feb13 May13 Aug13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.82 0.83 0.62 0.20

KRED vs MOJO, RMHBD, TRUU: Current Ratio Comparison

For the Beverages - Non-Alcoholic subindustry, KonaRed'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.


KonaRed Current Ratio vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, KonaRed's Current Ratio distribution charts can be found below:

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



KonaRed 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.

KonaRed's Current Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Current Ratio (A: Dec. 2017 )=Total Current Assets (A: Dec. 2017 )/Total Current Liabilities (A: Dec. 2017 )
=1.961/9.882
=0.20

KonaRed's Current Ratio for the quarter that ended in Dec. 2017 is calculated as

Current Ratio (Q: Dec. 2017 )=Total Current Assets (Q: Dec. 2017 )/Total Current Liabilities (Q: Dec. 2017 )
=1.961/9.882
=0.20

* 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 0.20 mean?
KonaRed (KRED) has a Current Ratio of 0.20 as of Dec. 2017.
Is KonaRed's Current Ratio too high?
KonaRed's current Current Ratio is 0.20. The Beverages - Non-Alcoholic industry median Current Ratio is 1.79. KonaRed's value of 0.20 is 88.8% below this industry median.
How does KonaRed's Current Ratio compare to MOJO and RMHBD?
KonaRed's Current Ratio of 0.20 can be compared against companies in the Beverages - Non-Alcoholic industry. The industry median Current Ratio is 1.79. KonaRed's value of 0.20 is 88.8% below this benchmark. 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 Beverages - Non-Alcoholic company?
The median Current Ratio among Beverages - Non-Alcoholic companies is 1.79, based on 118 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. KonaRed's current Current Ratio of 0.20 is 88.8% below the industry median. 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 Beverages - Non-Alcoholic industry, the median Current Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KonaRed's current Current Ratio is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KonaRed stock overvalued right now?
KonaRed (KRED) has a current Current Ratio of 0.20. The current Current Ratio is 0.20 and 88.8% below the Beverages - Non-Alcoholic industry median of 1.79. 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 KonaRed (KRED), the current Current Ratio is 0.20 as of Dec. 2017. 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.

KonaRed Business Description

Address 2042 Corte Del Nogal, Suite 200, Carlsbad, CA, USA, 92011
KonaRed Corp is engaged in the business of distributing, marketing and selling of retail sale the food and beverage products based on the fruit of the coffee plant. Its products are coffee fruit wellness drink and KonaRed Antioxidant Juice. The company produces Ready to Drink 12oz Cold Brew Coffee varieties, Bag in the Box, Key Kegs, a complete line of whole bean and ground Kona Coffee Beans including RTD Antioxidant Juices and Hawaiian Coffee Fruit nutritional supplements. It also has an industrial ingredient supply division. Its products are sold throughout the US and can be found in select Vons, Albertsons, Publix, Pavilions, Costco, Ralphs, Fred Meyer, King Soopers, Smiths, Kroger, Safeway, Vitamin Shoppe, Target, Whole Foods, 7-Eleven, and many other retail outlets.