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. SmartCool Systems's current ratio for the quarter that ended in Sep. 2019 was 0.28.
SmartCool Systems has a current ratio of 0.28. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If SmartCool Systems 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 SmartCool Systems's Current Ratio or its related term are showing as below:
SSCFF's Current Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.96 * Ranked among companies with meaningful Current Ratio only.
SmartCool Systems (OTCPK:SSCFF) 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.
SmartCool Systems Current Ratio Related Terms
SmartCool Systems Current Ratio Historical Data
* Premium members only.
The historical data trend for SmartCool Systems'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.
For the Electrical Equipment & Parts subindustry, SmartCool Systems'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.
SmartCool Systems Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, SmartCool Systems's Current Ratio distribution charts can be found below:
* The bar in red indicates where SmartCool Systems's Current Ratio falls into.
* 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.
SmartCool Systems (SSCFF) has a Current Ratio of 0.28 as of Sep. 2019.
Is SmartCool Systems' Current Ratio too high?
SmartCool Systems' current Current Ratio is 0.28. The Industrial Products industry median Current Ratio is 1.96. SmartCool Systems' value of 0.28 is 85.7% below this industry median. Overall, SmartCool Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SmartCool Systems' Current Ratio compare to HUBB?
SmartCool Systems' Current Ratio of 0.28 can be compared against companies in the Industrial Products industry. The industry median Current Ratio is 1.96. SmartCool Systems' value of 0.28 is 85.7% 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,081 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. SmartCool Systems's current Current Ratio of 0.28 is 85.7% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SmartCool Systems's current Current Ratio is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartCool Systems stock overvalued right now?
SmartCool Systems (SSCFF) has a current Current Ratio of 0.28. The current Current Ratio is 0.28 and 85.7% below the Industrial Products industry median of 1.96. SmartCool Systems' overall GF Score™ is 12/100. 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 SmartCool Systems (SSCFF), the current Current Ratio is 0.28 as of Sep. 2019. 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.
SmartCool Systems Inc is a clean technology company. The firm and its subsidiaries are focused on acquiring, commercializing, and marketing energy-saving technologies for commercial and retail businesses. The company has two principal revenue streams namely ESM and ECO3. The ESM is manufactured by a third party in Australia and is designed specifically to reduce the electricity consumption and demand for refrigeration and air conditioning compressors by improving their performance and maintaining temperature control. ECO3 is manufactured in China and is a retrofit product that can be installed on any air conditioning or refrigeration unit, achieving energy efficiency gains as the ESM for smaller systems. The firm generates most of its revenue from Europe, the Middle East, and Africa.
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