Biodit AD (XBUL:BDT) Current Ratio: 0.00 (As of . 20)

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What is Biodit AD Current Ratio?

Biodit AD XBUL:BDT Current Ratio is 0.00 as of . 20. The stock has 1 warning sign investors should review. Among 1,085 Business Services companies, Biodit AD ranks worse than 92165.81% on this metric.

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. Biodit AD's current ratio for the quarter that ended in . 20 was 0.00.

Biodit AD has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Biodit AD 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 Biodit AD's Current Ratio or its related term are showing as below:

XBUL:BDT's Current Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.79
* Ranked among companies with meaningful Current Ratio only.

Biodit AD  (XBUL:BDT) 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.


Biodit AD Current Ratio Related Terms


Biodit AD Current Ratio Historical Data

* Premium members only.

The historical data trend for Biodit AD'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.

Biodit AD Current Ratio Chart

Biodit AD Annual Data
Trend
Current Ratio

Biodit AD Semi-Annual Data
Current Ratio

XBUL:BDT vs : Current Ratio Comparison

For the Security & Protection Services subindustry, Biodit AD'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.


Biodit AD Current Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Biodit AD's Current Ratio distribution charts can be found below:

* The bar in red indicates where Biodit AD's Current Ratio falls into.



Biodit AD 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.

Biodit AD's Current Ratio for the fiscal year that ended in . 20 is calculated as

Current Ratio (A: . 20 )=Total Current Assets (A: . 20 )/Total Current Liabilities (A: . 20 )
=/
=

Biodit AD's Current Ratio for the quarter that ended in . 20 is calculated as

Current Ratio (Q: . 20 )=Total Current Assets (Q: . 20 )/Total Current Liabilities (Q: . 20 )
=/
=

* 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 0.00 mean?
Biodit AD (XBUL:BDT) has a Current Ratio of 0.00 as of . 20. According to the industry distribution chart, Biodit AD ranks #999999 out of 1085 companies in the Business Services industry.
Is Biodit AD's Current Ratio too high?
Biodit AD's current Current Ratio is 0.00. Based on the distribution chart, Biodit AD ranks #999999 out of 1085 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does Biodit AD's Current Ratio compare to ?
According to the Business Services industry distribution chart, Biodit AD ranks #999999 out of 1085 companies for Current Ratio. This places Biodit AD in the lower half of its industry. The industry median Current Ratio is 1.79. 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 a Business Services company?
The median Current Ratio among Business Services companies is 1.79, based on 1,085 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. 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 Business Services industry, the median Current Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biodit AD's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biodit AD stock overvalued right now?
Biodit AD (XBUL:BDT) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. 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 Biodit AD (XBUL:BDT), the current Current Ratio is 0.00 as of . 20. 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.

Biodit AD Business Description

Comparable Companies
Address 125 Kliment Ohridski Boulevard, Sofia, BGR, 1756
Biodit AD is engaged in development and production of biometric systems for access control, security, and working hours. Its systems consist of devices that combine the latest technologies for fingerprints. The product offerings of the company include Olock Wbls, Inside Wbls, and Gateway among others.