TSGO (Trade School Go) Current Ratio: 0.88 (As of Sep. 2023)


TSGO Trade School Go Inc TSGO
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What is Trade School Go Current Ratio?

Trade School Go TSGO -8.81% 12 Current Ratio is 0.88 as of Sep. 2023. GuruFocus rates TSGO with a GF Score™ of 12/100.

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. Trade School Go's current ratio for the quarter that ended in Sep. 2023 was 0.88.

Trade School Go has a current ratio of 0.88. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Trade School Go 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 Trade School Go's Current Ratio or its related term are showing as below:

TSGO's Current Ratio is not ranked *
in the Education industry.
Industry Median: 1.51
* Ranked among companies with meaningful Current Ratio only.

Trade School Go  (OTCPK:TSGO) 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.


Trade School Go Current Ratio Related Terms


Trade School Go Current Ratio Historical Data

* Premium members only.

The historical data trend for Trade School Go'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.

Trade School Go Current Ratio Chart

Trade School Go Annual Data
Trend Oct07 Oct08 Oct09 Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 3.19 1.63 0.36 1.58

Trade School Go Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep22 Sep23
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 1.15 1.54 1.08 0.00 0.88

TSGO vs FRZT, WINR, VRVR: Current Ratio Comparison

For the Education & Training Services subindustry, Trade School Go'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.


Trade School Go Current Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Trade School Go's Current Ratio distribution charts can be found below:

* The bar in red indicates where Trade School Go's Current Ratio falls into.


TSGO
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Trade School Go Inc TSGO
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Trade School Go 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.

Trade School Go'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 )
=1.314/0.83
=1.58

Trade School Go's Current Ratio for the quarter that ended in Sep. 2023 is calculated as

Current Ratio (Q: Sep. 2023 )=Total Current Assets (Q: Sep. 2023 )/Total Current Liabilities (Q: Sep. 2023 )
=1.455/1.65
=0.88

* 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 0.88 mean?
Trade School Go (TSGO) has a Current Ratio of 0.88 as of Sep. 2023.
Is Trade School Go's Current Ratio too high?
Trade School Go's current Current Ratio is 0.88. The Education industry median Current Ratio is 1.51. Trade School Go's value of 0.88 is 41.7% below this industry median. Overall, Trade School Go has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trade School Go's Current Ratio compare to FRZT and WINR?
Trade School Go's Current Ratio of 0.88 can be compared against companies in the Education industry. The industry median Current Ratio is 1.51. Trade School Go's value of 0.88 is 41.7% 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 Education company?
The median Current Ratio among Education companies is 1.51, based on 264 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. Trade School Go's current Current Ratio of 0.88 is 41.7% 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 Education industry, the median Current Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trade School Go's current Current Ratio is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade School Go stock overvalued right now?
Trade School Go (TSGO) has a current Current Ratio of 0.88. The current Current Ratio is 0.88 and 41.7% below the Education industry median of 1.51. Trade School Go's 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 Trade School Go (TSGO), the current Current Ratio is 0.88 as of Sep. 2023. 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.

Trade School Go Business Description

Address 1776 Broadway, Suite 2002, New York, NY, USA, 10019
Trade School Go Inc is engaged in providing right training program for in-demand trades like electrical work, plumbing, HVAC, welding, automotive technology, healthcare, IT, and more. It provides guidance to individuals through every step - from choosing a program to understanding licensing requirements to landing a job.
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