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BTOW (Gtfn Hldgs) Current Ratio : 0.57 (As of Apr. 2010)


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What is Gtfn Hldgs 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. Gtfn Hldgs's current ratio for the quarter that ended in Apr. 2010 was 0.57.

Gtfn Hldgs has a current ratio of 0.57. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Gtfn Hldgs 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 Gtfn Hldgs's Current Ratio or its related term are showing as below:

BTOW's Current Ratio is not ranked *
in the Software industry.
Industry Median: 1.78
* Ranked among companies with meaningful Current Ratio only.

Gtfn Hldgs Current Ratio Historical Data

The historical data trend for Gtfn Hldgs'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.

Gtfn Hldgs Current Ratio Chart

Gtfn Hldgs Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr09
Current Ratio
1.80 1.18 0.12 0.02 0.02

Gtfn Hldgs Semi-Annual Data
Apr05 Apr06 Apr07 Apr08 Apr09 Apr10
Current Ratio Get a 7-Day Free Trial 1.18 0.12 0.02 0.02 0.57

Competitive Comparison of Gtfn Hldgs's Current Ratio

For the Software - Infrastructure subindustry, Gtfn Hldgs'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.


Gtfn Hldgs's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Gtfn Hldgs's Current Ratio distribution charts can be found below:

* The bar in red indicates where Gtfn Hldgs's Current Ratio falls into.



Gtfn Hldgs 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.

Gtfn Hldgs's Current Ratio for the fiscal year that ended in Apr. 2009 is calculated as

Current Ratio (A: Apr. 2009 )=Total Current Assets (A: Apr. 2009 )/Total Current Liabilities (A: Apr. 2009 )
=0.01/0.475
=0.02

Gtfn Hldgs's Current Ratio for the quarter that ended in Apr. 2010 is calculated as

Current Ratio (Q: Apr. 2010 )=Total Current Assets (Q: Apr. 2010 )/Total Current Liabilities (Q: Apr. 2010 )
=0.797/1.393
=0.57

* 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.


Gtfn Hldgs  (OTCPK:BTOW) 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.


Gtfn Hldgs Current Ratio Related Terms

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Gtfn Hldgs Business Description

Traded in Other Exchanges
N/A
Address
1067 E. Highway 24, Woodland Park, CO, USA, 80863
Gtfn Hldgs Inc is a Solution, secure multi-platform communications software. The company along with its subsidiaries is focused on data privacy and secure communications and offers comprehensive data privacy and security solutions that protect a customer's on/offline communications across all channels including voice, mobile email, desktop email, video, Instant Messaging and File transfer/sharing between mobile and fixed devices.
Executives
Donald K Bell director, 10 percent owner, officer: President & Accounting Officer 11684 VENTURA BOULEVARD, SUITE 685, STUDIO CITY CA 91604
Jacek Oscilowicz director, 10 percent owner, officer: Pres/CEO/CFO/PAO/Secr/Tres 725 KENDALL LANE, BOULDER CITY NV 89005
Britton Jewellery Inc. 10 percent owner 455 HOWE STREET, VANCOUVER A1 V6C 2B3

Gtfn Hldgs Headlines

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