AppTech Payments (APCXW) Current Ratio

Price: $0.2192
Market Cap: $16.04M
Avg Volume: -
Country: US
Industry: Software - Infrastructure
Sector: Technology
Beta: 0.636
52W Range: $0.2185-0.2192
Website: AppTech Payments

AppTech Payments Current Ratio

  • Annual: 0.37
  • Quarterly: 0.07
  • TTM: 0.07

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess AppTech Payments's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 0.37
    • Quarterly: 0.07
    • TTM: 0.07
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.31
    • Quarterly: 0.00
    • TTM: 0.00

These metrics provide insights into AppTech Payments's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

0.37

Quarterly Current Ratio

0.07

TTM Current Ratio

0.07

AppTech Payments Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio

AppTech Payments Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Current Ratio Quick Ratio Cash Ratio
2023 0.37 0.37 0.31
2022 0.90 0.90 0.70
2021 0.09 78.86 0.00
2020 0.01 0.83 0.01
2019 0.01 4.21 0.00
2018 0.00 0.00 0.00
2017 0.01 0.01 0.00
2016 0.00 0.00 0.00
2015 0.01 0.01 0.00
2013 0.41 0.41 0.09