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Registered Plan Private Investments (Registered Plan Private Investments) Current Ratio : 0.01 (As of Dec. 2019)


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What is Registered Plan Private Investments 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. Registered Plan Private Investments's current ratio for the quarter that ended in Dec. 2019 was 0.01.

Registered Plan Private Investments has a current ratio of 0.01. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Registered Plan Private Investments 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 Registered Plan Private Investments's Current Ratio or its related term are showing as below:

LXGTF's Current Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.975
* Ranked among companies with meaningful Current Ratio only.

Registered Plan Private Investments Current Ratio Historical Data

The historical data trend for Registered Plan Private Investments'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.

Registered Plan Private Investments Current Ratio Chart

Registered Plan Private Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Current Ratio
4.98 5.62 0.16 0.01

Registered Plan Private Investments Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.16 0.02 0.01 0.02 0.01

Competitive Comparison of Registered Plan Private Investments's Current Ratio

For the Asset Management subindustry, Registered Plan Private Investments'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.


Registered Plan Private Investments's Current Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Registered Plan Private Investments's Current Ratio distribution charts can be found below:

* The bar in red indicates where Registered Plan Private Investments's Current Ratio falls into.



Registered Plan Private Investments 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.

Registered Plan Private Investments's Current Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Current Ratio (A: Dec. 2019 )=Total Current Assets (A: Dec. 2019 )/Total Current Liabilities (A: Dec. 2019 )
=0.01/0.799
=0.01

Registered Plan Private Investments's Current Ratio for the quarter that ended in Dec. 2019 is calculated as

Current Ratio (Q: Dec. 2019 )=Total Current Assets (Q: Dec. 2019 )/Total Current Liabilities (Q: Dec. 2019 )
=0.01/0.799
=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.


Registered Plan Private Investments  (OTCPK:LXGTF) 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.


Registered Plan Private Investments Current Ratio Related Terms

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Registered Plan Private Investments (Registered Plan Private Investments) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Registered Plan Private Investments Inc is a private investment platform company that allows investors to use their Registered Plans (including registered retirement savings plans, registered education savings plans, tax-free savings accounts, registered retirement income funds, and registered disability savings plans) at their direction to invest in private companies by purchasing tracking shares in RPPI, which in turn uses these proceeds to invest in the specific private company chosen by the investor.

Registered Plan Private Investments (Registered Plan Private Investments) Headlines

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