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Global Ecology (Global Ecology) Quick Ratio : 0.00 (As of Sep. 2013)


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What is Global Ecology 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 Ecology's quick ratio for the quarter that ended in Sep. 2013 was 0.00.

Global Ecology 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 Global Ecology's Quick Ratio or its related term are showing as below:

GLEC's Quick Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.4
* Ranked among companies with meaningful Quick Ratio only.

Global Ecology Quick Ratio Historical Data

The historical data trend for Global Ecology'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 Ecology Quick Ratio Chart

Global Ecology Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Quick Ratio
Get a 7-Day Free Trial - - 0.06 0.17 -

Global Ecology Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Quick 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 - - - - -

Competitive Comparison of Global Ecology's Quick Ratio

For the Pollution & Treatment Controls subindustry, Global Ecology'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 Ecology's Quick Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Ecology's Quick Ratio distribution charts can be found below:

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



Global Ecology 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 Ecology's Quick Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Quick Ratio (A: Dec. 2012 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.034-0.037)/3.762
=-0.00

Global Ecology's Quick Ratio for the quarter that ended in Sep. 2013 is calculated as

Quick Ratio (Q: Sep. 2013 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.035-0.033)/4.397
=0.00

* 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 Ecology  (OTCPK:GLEC) 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 Ecology Quick Ratio Related Terms

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Global Ecology (Global Ecology) Business Description

Traded in Other Exchanges
N/A
Address
96 Park Street, Montclair, NJ, USA, 07042
Global Ecology Corp is engaged in the development, production and marketing of advanced waste remediation technologies that address universal environmental issues.These issues include organic soil revitalization, reduction of greenhouse gas emissions, solid waste remediation and point-of-use water purification solutions.

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