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Global Environmental Energy (Global Environmental Energy) Quick Ratio : 0.01 (As of May. 2009)


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What is Global Environmental Energy Quick Ratio?

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. Global Environmental Energy's quick ratio for the quarter that ended in May. 2009 was 0.01.

Global Environmental Energy has a quick ratio of 0.01. It indicates that the company cannot currently fully pay back its current liabilities.

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

GEECF's Quick Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 1.2
* Ranked among companies with meaningful Quick Ratio only.

Global Environmental Energy Quick Ratio Historical Data

The historical data trend for Global Environmental Energy'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.

* Premium members only.

Global Environmental Energy Quick Ratio Chart

Global Environmental Energy Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Global Environmental Energy Semi-Annual Data
May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Global Environmental Energy's Quick Ratio

For the Utilities - Renewable subindustry, Global Environmental Energy'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.


Global Environmental Energy's Quick Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Global Environmental Energy's Quick Ratio falls into.



Global Environmental Energy 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.

Global Environmental Energy's Quick Ratio for the fiscal year that ended in May. 2009 is calculated as

Quick Ratio (A: May. 2009 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.11-0)/13.839
=0.01

Global Environmental Energy's Quick Ratio for the quarter that ended in May. 2009 is calculated as

Quick Ratio (Q: May. 2009 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.11-0)/13.839
=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.


Global Environmental Energy  (OTCPK:GEECF) 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.


Global Environmental Energy Quick Ratio Related Terms

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Global Environmental Energy (Global Environmental Energy) Business Description

Traded in Other Exchanges
N/A
Address
Cable Beach, P.O. Box CB-13277, Nassau, BHS
Global Environmental Energy Corp is an energy company, Its interests include alternative energy sources, environmental infrastructure, electrical micro-power generation and liquid fuel production.

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