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Rejuvel Bio-Sciences (Rejuvel Bio-Sciences) Current Ratio : 0.05 (As of Sep. 2015)


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What is Rejuvel Bio-Sciences 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. Rejuvel Bio-Sciences's current ratio for the quarter that ended in Sep. 2015 was 0.05.

Rejuvel Bio-Sciences has a current ratio of 0.05. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Rejuvel Bio-Sciences 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 Rejuvel Bio-Sciences's Current Ratio or its related term are showing as below:

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

Rejuvel Bio-Sciences Current Ratio Historical Data

The historical data trend for Rejuvel Bio-Sciences'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.

Rejuvel Bio-Sciences Current Ratio Chart

Rejuvel Bio-Sciences Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Current Ratio
- 0.79 0.38 0.07 0.06

Rejuvel Bio-Sciences Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.30 0.06 0.15 0.14 0.05

Competitive Comparison of Rejuvel Bio-Sciences's Current Ratio

For the Household & Personal Products subindustry, Rejuvel Bio-Sciences'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.


Rejuvel Bio-Sciences's Current Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rejuvel Bio-Sciences's Current Ratio distribution charts can be found below:

* The bar in red indicates where Rejuvel Bio-Sciences's Current Ratio falls into.



Rejuvel Bio-Sciences 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.

Rejuvel Bio-Sciences's Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )=Total Current Assets (A: Dec. 2014 )/Total Current Liabilities (A: Dec. 2014 )
=0.053/0.938
=0.06

Rejuvel Bio-Sciences's Current Ratio for the quarter that ended in Sep. 2015 is calculated as

Current Ratio (Q: Sep. 2015 )=Total Current Assets (Q: Sep. 2015 )/Total Current Liabilities (Q: Sep. 2015 )
=0.089/1.702
=0.05

* 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.


Rejuvel Bio-Sciences  (OTCPK:NUUU) 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.


Rejuvel Bio-Sciences Current Ratio Related Terms

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Rejuvel Bio-Sciences (Rejuvel Bio-Sciences) Business Description

Traded in Other Exchanges
N/A
Address
15800 Pines Boulevard, Suite 3116, Pembroke Pines, FL, USA, 33131
Rejuvel Bio-Sciences Inc operates in the household and personal product industry. The company is engaged in developing skincare products based on three dimensional skin renewal system.

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