The Current Ratio of Location Based Technologies Inc (LBAS) is 0.13.
Current Ratio compares a firm's current assets to its current liabilities to assess short-term liquidity. A ratio above 1.0 typically indicates a strong ability to meet obligations.
| Date | Value |
|---|---|
| 2014-08-31 | 0.13 |
| 2013-08-31 | 0.19 |
| 2012-08-31 | 0.51 |
| 2011-08-31 | 1.90 |
| 2010-08-31 | 0.00 |
| 2009-08-31 | 0.27 |
| 2008-08-31 | 0.10 |
| 2007-08-31 | 0.59 |