LIQUIDITY ALERT: Ruby Tuesday Has US$12.2 Million Current Deficit

Ruby Tuesday, Inc.’s working capital deficiency and current ratio as of November 30, 2010, were US$12.2 million and 0.9:1, respectively. As is common in the restaurant industry, the Company carries…

LIQUIDITY ALERT: J. Alexander’s Has US$1,741,000 Current Deficit

J. Alexander’s Corporation had a working capital deficit of US$1,741,000 at April 4, 2010, compared to a deficit of US$3,379,000 at January 3, 2010.

The Company reported current assets of US$10,606,000…

LIQUIDITY ALERT: Next Inc. Has US$2.1 Million Current Deficit

Next, Inc.’s working capital was US$(2,052,540) at May 30, 2010, and US$(1,837,553) at November 29, 2009, after reclassifications of long-term debt owed to Crossroads Bank carried as current liabilities as…

LIQUIDITY ALERT: Dover Motorsports’ Current Deficit Up 99.4%

Dover Motorsports, Inc.’s working capital deficit rose 99.4%, or US$4.6 million, from US$4.7 million at December 31, 2009, to US$9.3 million at March 31, 2010.

The Company reported current assets of…