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Electronic Servitor Publication Network (Electronic Servitor Publication Network) Current Ratio : 0.01 (As of Dec. 2023)


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What is Electronic Servitor Publication Network 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. Electronic Servitor Publication Network's current ratio for the quarter that ended in Dec. 2023 was 0.01.

Electronic Servitor Publication Network 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 Electronic Servitor Publication Network 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 Electronic Servitor Publication Network's Current Ratio or its related term are showing as below:

XESP' s Current Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.69   Max: 1.21
Current: 0.01

During the past 7 years, Electronic Servitor Publication Network's highest Current Ratio was 1.21. The lowest was 0.01. And the median was 0.69.

XESP's Current Ratio is ranked worse than
99.33% of 598 companies
in the Interactive Media industry
Industry Median: 2.115 vs XESP: 0.01

Electronic Servitor Publication Network Current Ratio Historical Data

The historical data trend for Electronic Servitor Publication Network'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.

Electronic Servitor Publication Network Current Ratio Chart

Electronic Servitor Publication Network Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial 0.69 0.77 - 0.11 0.01

Electronic Servitor Publication Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.11 0.07 0.09 0.25 0.01

Competitive Comparison of Electronic Servitor Publication Network's Current Ratio

For the Internet Content & Information subindustry, Electronic Servitor Publication Network'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.


Electronic Servitor Publication Network's Current Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Electronic Servitor Publication Network's Current Ratio distribution charts can be found below:

* The bar in red indicates where Electronic Servitor Publication Network's Current Ratio falls into.



Electronic Servitor Publication Network 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.

Electronic Servitor Publication Network's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=0.028/2.83
=0.01

Electronic Servitor Publication Network's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=0.028/2.83
=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.


Electronic Servitor Publication Network  (OTCPK:XESP) 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.


Electronic Servitor Publication Network Current Ratio Related Terms

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Electronic Servitor Publication Network (Electronic Servitor Publication Network) Business Description

Traded in Other Exchanges
N/A
Address
400 1st Avenue North, Suite 100, Minneapolis, MN, USA, 55401
Electronic Servitor Publication Network Inc engages companies with the common goal of increasing digital interactions within current and new communities to drive growth. The Company's proprietary technology, the Digital Engagement Engine, utilizes a combination of automation, unique data management, and a modern workflow built on a microservices architecture to achieve greater reach and lift for content providers.
Executives
Laurence Eric Swann 10 percent owner 400 1ST AVE. N., SUITE 100, MINNEAPOLIS MN 55401
Thomas D Spruce director, officer: President 1962 PORT EDWARD PLACE, NEWPORT BEACH CA 92660
Anthony Sanneh director, officer: CEO, CFO, Secretary 1511 GRAND AVE UNIT 21, SAINT PAUL MN 55105
Peter Martin Hager 10 percent owner 5115 WOODLANE ALCOVE, WOODBURY MN 55129
Jonathan Todd Sweetser director, 10 percent owner, officer: CEO, CFO, Secretary 175 RAVENNA WAY, EL DORADO HILLS CA 95762
Mark Anthony Palumbo director, 10 percent owner, officer: CEO, Secretary & Treasurer 1548 LOCH NESS DRIVE, FALLBROOK CA 92028
Marla Palumbo 10 percent owner 1548 LOCH NESS DR., FALLBROOK CA 92028
James M Cassidy director, 10 percent owner, officer: president, secretary 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: Vice President 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212

Electronic Servitor Publication Network (Electronic Servitor Publication Network) Headlines

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