Hannover House Inc (HHSE)

[speckulater]

HHSE Current Ratio = 3.49




Updated Q1 2013


The Current Ratio measures Liquidity. Liquidity is the firm's ability to meet its day-to-day operating expenses and satisfy its short-term obligations as they come due.

The Current Ratio is a financial ratio that measures whether or not a firm has enough resources to pay its debts over the next 12 months. Low values for the current or quick ratios (values less than 1) indicate that a firm may have difficulty meeting current obligations.

Current Ratio = (Current Assets / Current Liabilities)



HHSE Current Ratio = 8,790,297 / 2,515,846 = 3.49



This indicates that HHSE has $3.49 in short-term resources to service each dollar of current debt. This is a high number and would be considered very strong.


1st Quarter 2013 - Quarterly Report - Financial Results and Disclosures for P/E 3-31-2013:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=106892







HHSE