Empatho Holdings (XCNQ:EMPH) Current Ratio: 0.16 (As of Jul. 2023)

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What is Empatho Holdings Current Ratio?

Empatho Holdings XCNQ:EMPH Current Ratio is 0.16 as of Jul. 2023.

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. Empatho Holdings's current ratio for the quarter that ended in Jul. 2023 was 0.16.

Empatho Holdings has a current ratio of 0.16. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Empatho Holdings 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 Empatho Holdings's Current Ratio or its related term are showing as below:

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

Empatho Holdings  (XCNQ:EMPH) 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.


Empatho Holdings Current Ratio Related Terms


Empatho Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Empatho Holdings'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.

Empatho Holdings Current Ratio Chart

Empatho Holdings Annual Data
Trend Oct21 Oct22
Current Ratio
0.74 0.09

Empatho Holdings Quarterly Data
Mar20 Jun20 Mar21 Jun21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.09 0.09 0.06 0.16

XCNQ:EMPH vs CRM, INTU, NOW: Current Ratio Comparison

For the Software - Application subindustry, Empatho Holdings'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.


Empatho Holdings Current Ratio vs Software Industry

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

* The bar in red indicates where Empatho Holdings's Current Ratio falls into.



Empatho Holdings 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.

Empatho Holdings's Current Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Current Ratio (A: Oct. 2022 )=Total Current Assets (A: Oct. 2022 )/Total Current Liabilities (A: Oct. 2022 )
=0.207/2.298
=0.09

Empatho Holdings's Current Ratio for the quarter that ended in Jul. 2023 is calculated as

Current Ratio (Q: Jul. 2023 )=Total Current Assets (Q: Jul. 2023 )/Total Current Liabilities (Q: Jul. 2023 )
=0.485/3.06
=0.16

* 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 0.16 mean?
Empatho Holdings (XCNQ:EMPH) has a Current Ratio of 0.16 as of Jul. 2023.
Is Empatho Holdings' Current Ratio too high?
Empatho Holdings' current Current Ratio is 0.16. The Software industry median Current Ratio is 1.77. Empatho Holdings' value of 0.16 is 91% below this industry median.
How does Empatho Holdings' Current Ratio compare to CRM and INTU?
Empatho Holdings' Current Ratio of 0.16 can be compared against companies in the Software industry. The industry median Current Ratio is 1.77. Empatho Holdings' value of 0.16 is 91% 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 a Software company?
The median Current Ratio among Software companies is 1.77, based on 2,875 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. Empatho Holdings's current Current Ratio of 0.16 is 91% 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 Software industry, the median Current Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empatho Holdings's current Current Ratio is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empatho Holdings stock overvalued right now?
Empatho Holdings (XCNQ:EMPH) has a current Current Ratio of 0.16. The current Current Ratio is 0.16 and 91% below the Software industry median of 1.77. 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 Empatho Holdings (XCNQ:EMPH), the current Current Ratio is 0.16 as of Jul. 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.

Empatho Holdings Business Description

Address 804-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Empatho Holdings Inc is a virtual well-being firm. The principal business of the Corporation will be to enhance personal wellbeing through the use of proprietary artificial intelligence. The Corporation is building an app which uses proprietary, science-based solutions to provide tangible tools for employers to increase the bottom line by monitoring and enhancing employee wellbeing and engagement.