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Un Monde International Worldwide (Un Monde International Worldwide) Current Ratio : 0.06 (As of Dec. 2023)


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What is Un Monde International Worldwide 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. Un Monde International Worldwide's current ratio for the quarter that ended in Dec. 2023 was 0.06.

Un Monde International Worldwide has a current ratio of 0.06. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Un Monde International Worldwide 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 Un Monde International Worldwide's Current Ratio or its related term are showing as below:

ARMC' s Current Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.06   Max: 0.06
Current: 0.06

During the past 8 years, Un Monde International Worldwide's highest Current Ratio was 0.06. The lowest was 0.06. And the median was 0.06.

ARMC's Current Ratio is ranked worse than
98.88% of 267 companies
in the Education industry
Industry Median: 1.31 vs ARMC: 0.06

Un Monde International Worldwide Current Ratio Historical Data

The historical data trend for Un Monde International Worldwide'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.

Un Monde International Worldwide Current Ratio Chart

Un Monde International Worldwide Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial 0.05 - - - 0.06

Un Monde International Worldwide Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current 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 - - 0.16 0.10 0.06

Competitive Comparison of Un Monde International Worldwide's Current Ratio

For the Education & Training Services subindustry, Un Monde International Worldwide'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.


Un Monde International Worldwide's Current Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Un Monde International Worldwide's Current Ratio distribution charts can be found below:

* The bar in red indicates where Un Monde International Worldwide's Current Ratio falls into.



Un Monde International Worldwide 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.

Un Monde International Worldwide's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=0.011/0.182
=0.06

Un Monde International Worldwide's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=0.011/0.182
=0.06

* 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.


Un Monde International Worldwide  (OTCPK:ARMC) 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.


Un Monde International Worldwide Current Ratio Related Terms

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Un Monde International Worldwide (Un Monde International Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
5689 Condor Place, Westagate Mall, Mississauga, ON, CAN, L5V 2J4
Un Monde International Worldwide Ltd formerly Asiarim Corp is a consulting firm with a mission to provide business consulting services to small domestic companies as well as to assist "small to medium" sized companies particularly in China, to establish a business presence in the United States.
Executives
Os Eugene Van 10 percent owner, officer: Treasurer, CFO and Secretary 5348 VEGAS DRIVE, LAS VEGAS NV 89108
Hovers Joannes C.m. director, officer: CEO, President and Chairman 50 WEST LIBERTY STREET, SUITE 880, RENO NV 89501
Su Yo Ruan director ROOM 1703, 17TH FLOOR, GRAND OCEAN TOWER, 1200 PUDONG BOULEVARD, PUDONG, SHANGHAI F4 200135
Wijhe Ben Van director WITTENDIJK 13, 7216 PL, KRING VAN DORTH P7 0000
Sheung Fung Lau director NO. 193A, SAN TAU KOK VILLAGE, TAI PO, NEW TERRITORIES K3 0000000
Xiong Xu officer: Vice President of marketing ROOM 8016, 8/F, BLOCK EAST, CITY SQUARE, JIABIN ROAD, LUOHU, SHENZHEN F4 000000
Te Hwai Ho director, 10 percent owner, officer: Secretary, Treasurer, CEO, CFO FLAT 16, JIE YANG BUILDING, 271 LOCKHART ROAD, WANCHAI K3 0000

Un Monde International Worldwide (Un Monde International Worldwide) Headlines

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