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Stealth Technologies (Stealth Technologies) Current Ratio : 0.01 (As of Sep. 2019)


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What is Stealth 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. Stealth Technologies's current ratio for the quarter that ended in Sep. 2019 was 0.01.

Stealth Technologies has a current ratio of 0.01. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Stealth 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 Stealth Technologies's Current Ratio or its related term are showing as below:

STTH's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.77
* Ranked among companies with meaningful Current Ratio only.

Stealth Technologies Current Ratio Historical Data

The historical data trend for Stealth 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.

Stealth Technologies Current Ratio Chart

Stealth Technologies Annual Data
Trend Jun11 Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Current Ratio
Get a 7-Day Free Trial 0.21 0.43 0.78 0.17 0.15

Stealth Technologies Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.18 0.15 0.15 0.08 0.01

Competitive Comparison of Stealth Technologies's Current Ratio

For the Software - Application subindustry, Stealth 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.


Stealth Technologies's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Stealth Technologies's Current Ratio distribution charts can be found below:

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



Stealth 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.

Stealth Technologies's Current Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=0.545/3.749
=0.15

Stealth Technologies's Current Ratio for the quarter that ended in Sep. 2019 is calculated as

Current Ratio (Q: Sep. 2019 )=Total Current Assets (Q: Sep. 2019 )/Total Current Liabilities (Q: Sep. 2019 )
=0.071/8.283
=0.01

* 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.


Stealth Technologies  (GREY:STTH) 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.


Stealth Technologies Current Ratio Related Terms

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Stealth Technologies (Stealth Technologies) Business Description

Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 470, Largo, FL, USA, 33770
Stealth Technologies Inc engages in identifying and capitalizing on emerging technology with a focus on product development and sales in the security and personal protection industry. Its product Stealth Card is designed to protect the EMV chip in a consumer's credit card from 'electronic pickpocketing' that uses a smartphone, credit card reader, or RFID antenna to remotely access data stored on the consumer's EMV Smartchip. It operates through the following brands: 911 Help Now, Squeezee, Data Secure, Ezee, Zeus, and My Safe Identity.
Executives
Jimmy Wayne Anderson 10 percent owner 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701
Ted Korin 10 percent owner 800 WOODBURY ROAD SUITE H WOODBURY NY 11797
Michelle Pannoni officer: Secretary/Treasurer 801 WEST BAY DRIVE #495 LARGO FL 33770
Brian Mcfadden officer: CEO/President 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767

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