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Tigrent (Tigrent) Current Ratio : 0.39 (As of Dec. 2010)


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What is Tigrent 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. Tigrent's current ratio for the quarter that ended in Dec. 2010 was 0.39.

Tigrent has a current ratio of 0.39. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Tigrent 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 Tigrent's Current Ratio or its related term are showing as below:

TIGE's Current Ratio is not ranked *
in the Education industry.
Industry Median: 1.285
* Ranked among companies with meaningful Current Ratio only.

Tigrent Current Ratio Historical Data

The historical data trend for Tigrent'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.

Tigrent Current Ratio Chart

Tigrent Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.48 0.51 0.44 0.39

Tigrent Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.44 0.43 0.41 0.45 0.39

Competitive Comparison of Tigrent's Current Ratio

For the Education & Training Services subindustry, Tigrent'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.


Tigrent's Current Ratio Distribution in the Education Industry

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

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



Tigrent 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.

Tigrent's Current Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Current Ratio (A: Dec. 2010 )=Total Current Assets (A: Dec. 2010 )/Total Current Liabilities (A: Dec. 2010 )
=30.004/76.028
=0.39

Tigrent's Current Ratio for the quarter that ended in Dec. 2010 is calculated as

Current Ratio (Q: Dec. 2010 )=Total Current Assets (Q: Dec. 2010 )/Total Current Liabilities (Q: Dec. 2010 )
=30.004/76.028
=0.39

* 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.


Tigrent  (OTCPK:TIGE) 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.


Tigrent Current Ratio Related Terms

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Tigrent (Tigrent) Business Description

Traded in Other Exchanges
N/A
Address
1612 Cape Coral Parkway, Suite 33904, Cape Coral, FL, USA, 33904
Tigrent Inc through its subsidiaries provides practical, high-quality and value-based training, conferences, publications, technology-based tools and mentoring where customers acquire learning, can apply to accumulate wealth. The company offers training and mentoring on real estate, financial instruments investing and entrepreneurship in the USA, UK and Canada.
Executives
Steven C Barre director, officer: CEO 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
J. Hunter Brown director 20 OLD LANTERN DRIVE, WILTON CT 06897
Richardson Kevin A Ii director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
Prides Capital Partners, Llc director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
James E. May officer: Chief Admin & General Counsel 1612 E. CAPE CORAL PARKWAY, CAPE CORAL FL 33904
Murray A Indick director, 10 percent owner 200 HIGH STREET, SUITE 700, BOSTON MA 02110
James K Bass director 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904
Kingstown Partners Master Ltd. 10 percent owner C/O MOURANT OZANNES CORPORATE SERVICES, 42 NORTH CHURCH STREET, P.O. BOX 1348, GRAND CAYMAN E9 KY1-1108
Kingstown Management Gp Llc 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p. 10 percent owner 167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Michael Blitzer 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Partners, Llc 10 percent owner 535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Guy Shanon 10 percent owner 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Allan D Weingarten director 136 OLIVERA WAY, PALM BEACH GARDENS FL 33418
Wallace L Timmeny director 1122 INTERNATIONAL BLVD., SUITE 601, BURLINGTON A6 L7L 6Z8

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