ATNE (Alternative Energy Technology) Quick Ratio: 0.00 (As of . 20)

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What is Alternative Energy Technology Quick Ratio?

Alternative Energy Technology ATNE Quick Ratio is 0.00 as of . 20.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Alternative Energy Technology's quick ratio for the quarter that ended in . 20 was 0.00.

Alternative Energy Technology has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Alternative Energy Technology's Quick Ratio or its related term are showing as below:

ATNE's Quick Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.23
* Ranked among companies with meaningful Quick Ratio only.

Alternative Energy Technology  (OTCPK:ATNE) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Alternative Energy Technology Quick Ratio Related Terms


Alternative Energy Technology Quick Ratio Historical Data

* Premium members only.

The historical data trend for Alternative Energy Technology's Quick 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.

Alternative Energy Technology Quick Ratio Chart

Alternative Energy Technology Annual Data
Trend
Quick Ratio

Alternative Energy Technology Quarterly Data
Quick Ratio

ATNE vs CPWR: Quick Ratio Comparison

For the Utilities - Renewable subindustry, Alternative Energy Technology's Quick Ratio, along with its competitors' market caps and Quick 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.


Alternative Energy Technology Quick Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternative Energy Technology's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Alternative Energy Technology's Quick Ratio falls into.



Alternative Energy Technology Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Alternative Energy Technology's Quick Ratio for the fiscal year that ended in . 20 is calculated as

Alternative Energy Technology's Quick Ratio for the quarter that ended in . 20 is calculated as

* 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 Quick Ratio →
What does a Quick Ratio of 0.00 mean?
Alternative Energy Technology (ATNE) has a Quick Ratio of 0.00 as of . 20. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alternative Energy Technology and its competitors.
Is Alternative Energy Technology's Quick Ratio too high?
Alternative Energy Technology's current Quick Ratio is 0.00.
How does Alternative Energy Technology's Quick Ratio compare to CPWR?
Alternative Energy Technology's Quick Ratio of 0.00 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Quick Ratio is 1.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.23, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alternative Energy Technology and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternative Energy Technology's current Quick 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 Alternative Energy Technology stock overvalued right now?
Alternative Energy Technology (ATNE) has a current Quick Ratio of 0.00. The current Quick Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Alternative Energy Technology (ATNE), the current Quick 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.

Alternative Energy Technology Business Description

Address 9390 Forest Lane, Conroe, TX, USA, 77385
Alternative Energy Technology Inc is a United States based technology company. It is focused on developing biofuels and alternative energy technologies. The company intends to focus on technologies using renewable energy inputs from non-food energy sources. The company's proprietary technologies allow for the reduction of biomass to a cellulosic powder resulting in higher yields of biofuels and other co-products per ton of bio-feedstocks.