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MPM Technologies (MPM Technologies) Current Ratio : 0.00 (As of Sep. 2010)


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What is MPM Technologies 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. MPM Technologies's current ratio for the quarter that ended in Sep. 2010 was 0.00.

MPM Technologies 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 MPM Technologies 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 MPM Technologies's Current Ratio or its related term are showing as below:

MPML's Current Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.985
* Ranked among companies with meaningful Current Ratio only.

MPM Technologies Current Ratio Historical Data

The historical data trend for MPM Technologies'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.

MPM Technologies Current Ratio Chart

MPM Technologies Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.09 0.01 0.01 -

MPM Technologies Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 0.01 - 0.01 0.01 -

Competitive Comparison of MPM Technologies's Current Ratio

For the Pollution & Treatment Controls subindustry, MPM Technologies'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.


MPM Technologies's Current Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MPM Technologies's Current Ratio distribution charts can be found below:

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



MPM Technologies 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.

MPM Technologies's Current Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Current Ratio (A: Dec. 2009 )=Total Current Assets (A: Dec. 2009 )/Total Current Liabilities (A: Dec. 2009 )
=0.016/14.469
=0.00

MPM Technologies's Current Ratio for the quarter that ended in Sep. 2010 is calculated as

Current Ratio (Q: Sep. 2010 )=Total Current Assets (Q: Sep. 2010 )/Total Current Liabilities (Q: Sep. 2010 )
=0.012/15.322
=0.00

* 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.


MPM Technologies  (OTCPK:MPML) 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.


MPM Technologies Current Ratio Related Terms

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MPM Technologies (MPM Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1727 East Springfield Avenue, Suite C, Spokane, WA, USA, 99202
MPM Technologies Inc is a United States based holding company. Through its subsidiaries, the company designs, engineers, supplies and services air pollution control systems. It is also engaged in the development and marketing of Skygas, a patented waste-to-fuel technology fuel, and development and exploration of gold and silver properties in Montana, US.

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