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World Of Wireless International Telecom (World Of Wireless International Telecom) Current Ratio : 0.01 (As of Dec. 2011)


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What is World Of Wireless International Telecom 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. World Of Wireless International Telecom's current ratio for the quarter that ended in Dec. 2011 was 0.01.

World Of Wireless International Telecom 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 World Of Wireless International Telecom 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 World Of Wireless International Telecom's Current Ratio or its related term are showing as below:

WWII's Current Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 1.07
* Ranked among companies with meaningful Current Ratio only.

World Of Wireless International Telecom Current Ratio Historical Data

The historical data trend for World Of Wireless International Telecom'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.

World Of Wireless International Telecom Current Ratio Chart

World Of Wireless International Telecom Annual Data
Trend Dec10 Dec11
Current Ratio
- 0.01

World Of Wireless International Telecom Semi-Annual Data
Dec10 Dec11
Current Ratio - 0.01

Competitive Comparison of World Of Wireless International Telecom's Current Ratio

For the Telecom Services subindustry, World Of Wireless International Telecom'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.


World Of Wireless International Telecom's Current Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, World Of Wireless International Telecom's Current Ratio distribution charts can be found below:

* The bar in red indicates where World Of Wireless International Telecom's Current Ratio falls into.



World Of Wireless International Telecom 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.

World Of Wireless International Telecom's Current Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Current Ratio (A: Dec. 2011 )=Total Current Assets (A: Dec. 2011 )/Total Current Liabilities (A: Dec. 2011 )
=0.006/0.925
=0.01

World Of Wireless International Telecom's Current Ratio for the quarter that ended in Dec. 2011 is calculated as

Current Ratio (Q: Dec. 2011 )=Total Current Assets (Q: Dec. 2011 )/Total Current Liabilities (Q: Dec. 2011 )
=0.006/0.925
=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.


World Of Wireless International Telecom  (OTCPK:WWII) 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.


World Of Wireless International Telecom Current Ratio Related Terms

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World Of Wireless International Telecom (World Of Wireless International Telecom) Business Description

Traded in Other Exchanges
N/A
Address
65 Enterprise, Aliso Viejo, CA, USA, 92656
World Of Wireless International Telecom Inc engages in the wireless communications industry. The company focuses on prepaid unlimited wifi softphone services for voice, text, data and streaming with or without dedicated connection to a Hot Spot or wifi network, development, and release of new applications for broad market appeal globally after the proprietary app is released, the company offers white-label services for third-party networks to build their own applications and operate through the company's network available, municipal wireless implementation in the United States.

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