Current Ratio not coming over correct

Author: palmtreeinvestor

Creation Date: 9/21/2008 2:55 PM

Wealth Lab » Technical Indicators » Current Ratio not coming over correct

palmtreeinvestor

9/21/2008 2:55 PM

The current ratio ttm for a company is not matching what is wrong.
Example symbol COST current ratio on Fidelity 1.07 in wealth-lab 1.76

Cone

9/22/2008 8:06 AM

For the data currently available for COST it's correct.

assets: 5/29/2008 $21,203.35
liabs: 5/29/2008 $12,010.72

cr = assets / liabs = 1.76

Hi Cone
This is the problem current ratio is current assets / current liabs (short term), not total assets/ total liabs.
Example symb COST current assets $9,324 mil / Current Liabs $8,581 mil = 1.08 confermed on Fid web site.
Please correct if you can, with all the cash problems in business this is important to know liquidity in short term.
Thank You
Steve

Cone

9/22/2008 10:58 AM

The Current Ratio and all wizard ratios in WLP are defined in "WLP Fundamental Doc.pdf" in your Wealth-Lab Pro 5 installation folder. WLP Current Ratio uses the "total" values. The "current" values are not available.

palmtreeinvestor

9/22/2008 11:08 AM

THANK YOU for the update.
Sugestion current ratio should fixed or be removed it is misleading there is a debt to asset ratio already

Cone

9/22/2008 1:15 PM

Thanks for bringing up the issue. We can proceed in 2 ways -

1. Create a Support Ticket, and let us inform Fidelity, or,
2. Call Fidelity Active Trader Support directly.

palmtreeinvestor

9/22/2008 4:19 PM

Can you create the ticket?
I would love to see CURRENT RATIO information avalibale in the future, looks like all set up just need to carry proper information over.

Cone

9/22/2008 4:30 PM

This is working as designed and per the documentation. Please create a Support Ticket or call Fidelity, else nothing will even start to happen. We can't keep track of issues in the forum.

palmtreeinvestor

9/22/2008 4:42 PM

I read your note as saying (we and use) Create a Support Ticket with Fidelity, I think of you as Fidelity. Sorry, I will call Fidelity and start the ticket.
Thanks

Cone

#10

9/22/2008 4:58 PM

That's just it; we are not Fidelity and cannot change it - especially Fidelity data products. We, who run wealth-lab.com, are MS123 who supports and resells Wealth-Lab products under license to Fidelity. We can inform/advise Fidelity about issues on your behalf if you create a Support Ticket.