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


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What is Un Monde International Worldwide Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Un Monde International Worldwide's quick ratio for the quarter that ended in Dec. 2023 was 0.06.

Un Monde International Worldwide has a quick ratio of 0.06. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Un Monde International Worldwide's Quick Ratio or its related term are showing as below:

ARMC' s Quick 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 Quick Ratio was 0.06. The lowest was 0.06. And the median was 0.06.

ARMC's Quick Ratio is ranked worse than
98.88% of 267 companies
in the Education industry
Industry Median: 1.28 vs ARMC: 0.06

Un Monde International Worldwide Quick Ratio Historical Data

The historical data trend for Un Monde International Worldwide's Quick 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 Quick Ratio Chart

Un Monde International Worldwide Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Dec20 Dec21 Dec22 Dec23
Quick 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
Quick 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 Quick Ratio

For the Education & Training Services subindustry, Un Monde International Worldwide's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio Distribution in the Education Industry

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

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



Un Monde International Worldwide Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.011-0)/0.182
=0.06

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

Quick Ratio (Q: Dec. 2023 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.011-0)/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) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Un Monde International Worldwide Quick 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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