Caribbean Cream (XJAM:KREMI) Current Ratio: 0.00 (As of . 20)

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XJAM:KREMI Caribbean Cream Ltd XJAM:KREMI
19 GF Score
Price JMD1.25
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What is Caribbean Cream Current Ratio?

Caribbean Cream XJAM:KREMI 19 Current Ratio is 0.00 as of . 20. GuruFocus rates XJAM:KREMI with a GF Score™ of 19/100. Among 1,991 Consumer Packaged Goods companies, Caribbean Cream ranks worse than 50225.97% 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. Caribbean Cream's current ratio for the quarter that ended in . 20 was 0.00.

Caribbean Cream 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 Caribbean Cream 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 Caribbean Cream's Current Ratio or its related term are showing as below:

XJAM:KREMI's Current Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 1.73
* Ranked among companies with meaningful Current Ratio only.

Caribbean Cream  (XJAM:KREMI) 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.


Caribbean Cream Current Ratio Related Terms


Caribbean Cream Current Ratio Historical Data

* Premium members only.

The historical data trend for Caribbean Cream'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.

Caribbean Cream Current Ratio Chart

Caribbean Cream Annual Data
Trend
Current Ratio

Caribbean Cream Semi-Annual Data
Current Ratio

XJAM:KREMI vs GLUC, EEIG: Current Ratio Comparison

For the Packaged Foods subindustry, Caribbean Cream'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.


Caribbean Cream Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Caribbean Cream's Current Ratio distribution charts can be found below:

* The bar in red indicates where Caribbean Cream's Current Ratio falls into.


XJAM:KREMI
19GF Score
Caribbean Cream Ltd XJAM:KREMI
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Caribbean Cream 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.

Caribbean Cream'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 )
=/
=

Caribbean Cream'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?
Caribbean Cream (XJAM:KREMI) has a Current Ratio of 0.00 as of . 20. According to the industry distribution chart, Caribbean Cream ranks #999999 out of 1991 companies in the Consumer Packaged Goods industry.
Is Caribbean Cream's Current Ratio too high?
Caribbean Cream's current Current Ratio is 0.00. Based on the distribution chart, Caribbean Cream ranks #999999 out of 1991 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Caribbean Cream has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Caribbean Cream's Current Ratio compare to GLUC and EEIG?
According to the Consumer Packaged Goods industry distribution chart, Caribbean Cream ranks #999999 out of 1991 companies for Current Ratio. This places Caribbean Cream in the lower half of its industry. The industry median Current Ratio is 1.73. 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,991 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caribbean Cream'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 Caribbean Cream stock overvalued right now?
Caribbean Cream (XJAM:KREMI) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. Caribbean Cream's overall GF Score™ is 19/100. 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 Caribbean Cream (XJAM:KREMI), 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.

Caribbean Cream Business Description

Address 3 South Road, Kencot, Kingston, JAM, KGN 10
Caribbean Cream Ltd is a manufacturer and distributor of ice cream and ice cream products. The company distributes its products under the Kremi brand. The products of the company include ice cream, ice cream cakes, and novelties.
19GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD1.25
Price