Lords and Company Worldwide Holdings (XCNQ:LRDS) Current Ratio: 0.20 (As of Aug. 2023)

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What is Lords and Company Worldwide Holdings Current Ratio?

Lords and Company Worldwide Holdings XCNQ:LRDS Current Ratio is 0.20 as of Aug. 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. Lords and Company Worldwide Holdings's current ratio for the quarter that ended in Aug. 2023 was 0.20.

Lords and Company Worldwide Holdings has a current ratio of 0.20. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Lords and Company Worldwide 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 Lords and Company Worldwide Holdings's Current Ratio or its related term are showing as below:

XCNQ:LRDS's Current Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.92
* Ranked among companies with meaningful Current Ratio only.

Lords and Company Worldwide Holdings  (XCNQ:LRDS) 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.


Lords and Company Worldwide Holdings Current Ratio Related Terms


Lords and Company Worldwide Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Lords and Company Worldwide 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.

Lords and Company Worldwide Holdings Current Ratio Chart

Lords and Company Worldwide Holdings Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Aug20 Nov21 Nov22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.20 0.13 0.06 0.33

Lords and Company Worldwide Holdings Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 0.73 0.33 0.18 0.22 0.20

XCNQ:LRDS vs ZTS, CTLT, VTRS: Current Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Lords and Company Worldwide 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.


Lords and Company Worldwide Holdings Current Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Lords and Company Worldwide Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Lords and Company Worldwide Holdings's Current Ratio falls into.



Lords and Company Worldwide 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.

Lords and Company Worldwide Holdings's Current Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Current Ratio (A: Nov. 2022 )=Total Current Assets (A: Nov. 2022 )/Total Current Liabilities (A: Nov. 2022 )
=0.409/1.227
=0.33

Lords and Company Worldwide Holdings's Current Ratio for the quarter that ended in Aug. 2023 is calculated as

Current Ratio (Q: Aug. 2023 )=Total Current Assets (Q: Aug. 2023 )/Total Current Liabilities (Q: Aug. 2023 )
=0.402/2.02
=0.20

* 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 0.20 mean?
Lords and Company Worldwide Holdings (XCNQ:LRDS) has a Current Ratio of 0.20 as of Aug. 2023.
Is Lords and Company Worldwide Holdings' Current Ratio too high?
Lords and Company Worldwide Holdings' current Current Ratio is 0.20. The Drug Manufacturers industry median Current Ratio is 1.92. Lords and Company Worldwide Holdings' value of 0.20 is 89.6% below this industry median.
How does Lords and Company Worldwide Holdings' Current Ratio compare to ZTS and CTLT?
Lords and Company Worldwide Holdings' Current Ratio of 0.20 can be compared against companies in the Drug Manufacturers industry. The industry median Current Ratio is 1.92. Lords and Company Worldwide Holdings' value of 0.20 is 89.6% 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 Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 1.92, based on 996 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. Lords and Company Worldwide Holdings's current Current Ratio of 0.20 is 89.6% 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 Drug Manufacturers industry, the median Current Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lords and Company Worldwide Holdings's current Current Ratio is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lords and Company Worldwide Holdings stock overvalued right now?
Lords and Company Worldwide Holdings (XCNQ:LRDS) has a current Current Ratio of 0.20. The current Current Ratio is 0.20 and 89.6% below the Drug Manufacturers industry median of 1.92. 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 Lords and Company Worldwide Holdings (XCNQ:LRDS), the current Current Ratio is 0.20 as of Aug. 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.

Lords and Company Worldwide Holdings Business Description

Address 409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Lords and Company Worldwide Holdings Corp develops, produces, and markets lifestyle apparel and natural health products through its e-Commerce platform to retail, B2B and B2C, consumers in North America and Europe utilizing its proprietary direct-to-consumer platform. Through continuous strategic white labelling, Lords has a footprint in the nutraceutical product markets.