Current ratio industry average. The directory is the result of processing data from all U. The current ratio is 2. Jan 31, 2024 · In the analysis, we have compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the specific industry sector and for all companies. These ratios are calculated Indonesia Corporate Sector: Financial Ratio: Industrial: Profitability Ratio: Return on Assets (Net Income (Annualized)/Average Assets) data was reported at 11. More about debt-to-equity ratio . Current Ratio Choose Numerator / Choose Denominator = Current Ratio a2. 819B / $105. 1, which indicates that restaurants on average do not have much more in current assets than current liabilities. 74, followed by Health Information Services at 43. 75 times. Jul 15, 2019 · Similarly like in ex ample 1 we consider CR s of ten firms, who now all have the same amount. Within Services sector 10 other industries have achieved higher Working Capital Ratio. The quick ratio is a measure of a company's ability to meet its short-term obligations using its most liquid assets (near cash or quick assets). 06: 1. 93%. Compare MSFT With Other Stocks. 0. A ratio of 1. Debt Ratio: 33. Walt Disney Company (The) Industry (SIC) 799 - Miscellaneous Amusement And Recreation. Calculate the current ratio at the end of January. 03 in the 1 Q 2024 below Semiconductors Industry average. 20, while the industry average has remained the same. Upgrade. For the Year ended 2019: Current Assets = Cash and Cash Equivalents + Marketable Securities + Accounts Receivable. In the analysis, we have compared the key financial ratios of the Company with the average (median) values of those ratios calculated for the specific industry sector and for all companies. Compare NKE With Other Stocks. Date. Leverage Ratio total ranking has improved so far to 59, from overall ranking in the previous quarter at 66. Similarly, we can calculate the quick ratio of Amazon for the previous year 2019 using the given figures. 29. 65: 2. The term “current” usually reflects a period of about 12 months. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term Current and historical current ratio for McDonald's (MCD) from 2010 to 2024. who experienced the conditions from July 1, 2018, to Dec. Compare GOOG With Other Stocks. 35. Current and historical current ratio for Home Depot (HD) from 2010 to 2024. You can view this data on the screen, print reports or export the data in a spreadsheet. Here is a table showing average Current ratios by industries in the US as of May 2024: As shown in the table, the Biotechnology industry has the highest average Current ratio of 5. 62. Calculation: (Current Assets - Inventories) / Current Liabilities. Current and historical current ratio for Chart Industries (GTLS) from 2010 to 2024. A. 74. Downloadable public company ratios and valuation multiples, going back several years. Apr 18, 2024 · Yahoo's Industry Statistics ratios include: Price / Earnings, Price / Book, Net Profit Margin, Price to Free Cash Flow, Return on Equity, Total Debt / Equity, and Dividend Yield. 19. 42%. Current and historical current ratio for NIKE (NKE) from 2010 to 2024. listed companies included in the calculation: 3084 (year 2023). Apr 12, 2021 · The current-ratio is a very important ratio that helps investors and analysts to understand how a company can maximize the current assets in its balance sheet to pay off its current debt and other payment liabilities. The following table provides additional summary stats: You can find companies with similar current ratio using this stock screener. A higher than industry average current ratio indicates that the company has a considerable size of short-term assets value in comparison to their short-term liabilities. Including Liquidity Ratios, Leverage Ratios, Operating Ratios, Coverage Ratios, and Assets and Liabilities. Dun & Bradstreet’s Key Business Ratios provides online access to benchmarking data. 31, 2019. ? The average current ratio for hospitals in the U. 84B. = Current assets / Current liabilities = 2. Aug 26, 2021 · The current ratio, Comparing your quick ratio to industry standards is especially important since quick ratio standards vary significantly by industry. May 16, 2024 · U. Jun 8, 2023 · Expressed as a Number. Microsoft current ratio for the three months ending March 31, 2024 was 1. Get a hint. Listed Companies. Click and here for more information on ratios. Return Tang Equity. 17. Due to repayements of liabilities of -0. Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual ( 10-K) and quarterly ( 10-Q) reports submitted to the Securities and Exchange Commission (SEC). The current ratio of 1. Average industry financial ratios for 'Retail Trade RMA provides balance sheet and income statement data, and financial ratios compiled from financial statements of more than 240,000 commercial borrowers, classified into three income brackets in over 730 different industry categories. Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. Jun 16, 2023 · The Current Ratio, which is also called the working capital ratio, measures a company's ability to pay off its current debt (liabilities that are due less than one year) with its current assets. Answer to Example 2. Fixed Asset Turnover Ratio – Industry Average 1. A current ratio below the industry average may indicate a company that may Errata: On March 25, 2021, the General Documentation and the Documentation for the Farm Sector Financial Ratios pages in the Farm Income and Wealth Statistics data product were modified to correct formulas and associated text pertaining to value of production and production expenses. Apple current ratio for the three months ending March 31, 2024 was 1. Jan 30, 2024 · RMA Risk Management Assn. Table F2 External Link: Company financial ratios for the 2020–21 On the trailing twelve months basis Consumer Electronics Industry 's Cash & cash equivalent grew by 40. 28. Group 1 Automotive Current Ratio Historical Data. These ratios are calculated for publicly traded U. Annual Statement Studies Industry Default Probabilities and Cash Flow Measures. 58 % in the 4 Q 2023 sequentially, while Current Liabilities decreased, this led to improvement in Department & Discount Retail Industry's Quick Ratio to 0. It’s especially helpful for the businesses lenders that assessability of the business to repay their dues. = 4,402/3,716 = 1. Debt Ratio – Industry Average of 40% F. Note that the value of the current ratio is stated in numeric format, not in percentage points. 44 % in the 1 Q 2024 sequentially, faster than Current Liabilities, this led to improvement in Computer Hardware Industry's Quick Ratio to 0. By comparing current ratios and industry averages, investors, and analysts can make better-informed decisions regarding the financial health of a Apr 13, 2023 · A good liquidity ratio is anything greater than 1. Quick Ratio Comment: On the trailing twelve months basis Computer Hardware Industry 's Cash & cash equivalent grew by 29. 03 in the 1 Q 2024, Working Capital Ratio remained below Medical Equipment & Supplies Industry average. and the firm may be less profitable than other firms in the industry. Current ratio allows a company to gauge whether the value of its total current assets can cover the cost of its current liabilities. 0x is right on the cusp of an Here is a table showing average debt to equity ratios by industry in the US as of May 2024: Based on the information in the table above, the REIT - Mortgage industry has the highest average debt to equity ratio of 3. 0x. Further you can make comparisons of industry averages and trends between sectors and save this analysis in the Industry Watch Product. Revenue in 2023 (TTM) $88,935 million (ranked #1 out of 46 companies in the industry) Assets as of 12/31/2023. 24 in the 4 Q 2023,, above Department & Discount Retail Industry average Quick Ratio. 75 times more than its current liabilities. Debt-to-equity ratio (D/E) is a financial ratio that indicates the relative amount of a company's equity and debt used to finance its assets. Note: Financial estimates in this release are expressed in current prices. 6 % in the 1 Q 2024 sequentially, while Current Liabilities decreased, this led to improvement in Industry's Working Capital Ratio to 1. Current and historical current ratio for Alphabet (GOOG) from 2010 to 2024. Likewise, we calculate the Current Ratio for all other years. Average industry financial ratios for 'Services' industry sector. Apr 16, 2018 · Amazon's P/E in the first quarter of 2018 hovered around 250, which is an extraordinary figure when compared to an overall stock market P/E of around 18. Sep 30, 2018 · ROE. NVIDIA current ratio for the three months ending January 31, 2024 was 4. Similarly, if a company has a very high current ratio compared to their peer group, it indicates that management may not be using their assets efficiently. Larger companies and more capital-intensive industries, such as the automobile industry, have a higher average D/E ratio. 54 % in the 1 Q 2024 sequentially, faster than Current Liabilities, this led to improvement in Industry's Working Capital Ratio to 2. 04 in the 3 Q 2022 below Casinos & Gaming Industry average. Compare GTLS With Other Stocks. 5 = Current assets = 2. "A current ratio of 1. Current Ratio. What is a good current ratio for hospitals? Companies can compare their current ratio against an industry average. May 31, 2021 · A current ratio greater than one indicates that a company can cover its short-term debt with its most liquid assets. Current and historical current ratio for Microsoft (MSFT) from 2010 to 2024. 8, followed by the Thermal Coal industry at 7. For the last step, we’ll divide the current assets by the current liabilities. Return on Assets – Industry Average 22. 15. By market cap-weighted average, 70 percent of the annual dividends paid by REITs qualify as ordinary taxable income, 14 percent qualify as return of capital and 16 percent qualify as long-term capital gains in 2022. Days in Accounts Receivable – Industry Average 20 Days E. 6 days ago · The current ratio formula. Financial Institutions current ratio from 2010 to 2024. Current and historical current ratio for NVIDIA (NVDA) from 2010 to 2024. Compare NVDA With Other Stocks. The current ratio should be compared with standards -- which are often based on past performance, industry leaders, and industry average. In this scenario, it is a good idea to investigate the reason behind the decrease in current ratio and assess the overall liquidity situation of the company. Industry averages (of financial ratios) are generally using as benchmarks or tools which helps business to make comparisons that helps to determine its position within the industry and evaluate financial performance of the business. Question: If the company's Quick Ratio is above the industry average, while the firm's Current Ratio is equal to the industry average, the firm is holding less inventory than the Industry average. More about quick ratio . 25. 63: 1. 37. 14. Average industry financial ratios for 'Retail Trade' industry sector. 9% percentile for the sector. 5 indicates that a company has sufficient current assets to cover its current liabilities, while a ratio of 2. In the current year, the ratio suddenly falls to 0. Jun 15, 2023 · What is the average current ratio for hospitals in the U. 1x Working Capital Ratio Comment: On the trailing twelve months basis Current Liabilities decreased faster than Industry's Current Assets, this led to improvement in Industry's Working Capital Ratio to 1. 5%), and the Health care and social assistance industry (84,000 people or 5. Number of U. 5 and 2. Starbucks Corp. Question: a1. Leverage Ratio total ranking has improved so far to 47, from overall ranking in the previous quarter at 49 . Among other Industries in the Services sector 7 other industries have achieved lower Leverage Ratio. True or False True False if the firm's Price-Earnings Ratio is high relative to the industry average, then investors must be relatively Quick Ratio Comment: On the trailing twelve months basis Nonalcoholic Beverages Industry 's Cash & cash equivalent grew by 33. 54. 9x. ROA. 718B = 1. industry norms or averages are included. Within Retail sector 3 other industries Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. 1x ranks in the 17. market landscape. Current Ratio = $115 million ÷ $115 million = 1. Sales volume of Oil And Gas Extraction: Average Industry Financial Ratios for U. This variation is due to several factors, including In conclusion, the current ratio’s significance in financial analysis lies in its ability to measure a company’s ability to address short-term obligations while considering the industry context. Significance and interpretation. Table 1 External Link: How we calculate our industry benchmarks. Interpretation & Analysis. Table 3: Current assets, current liabilities and Total employment increased 462,000 people (3. 22. 7 in the 4 Q 2023,, Quick Ratio remained below Apparel, Footwear & Accessories Industry average. Calculate the current ratio at the end of Quick Ratio Comment: On the trailing twelve months basis Current Liabilities decreased faster than Automotive Aftermarket Industry's Cash & cash equivalent, this led to improvement in Automotive Aftermarket Industry's Quick Ratio to 0. The underlying trend of the ratio must also be monitored over a period of time. 18x. Industry financial ratios are essential for comparative financial analysis. Quick Ratio total ranking fell in contrast to the previous quarter from 86 to 88. The current ratio is an essential financial matric that helps to understand the liquidity structure of the business. 0, meaning the company has double the amount of current assets needed to pay its liabilities. Current and historical current ratio for Apple (AAPL) from 2010 to 2024. 55: 1. It indicates that the company is in good financial health and is less likely to face financial hardships. 9%), with the largest growth reported by the Professional, scientific and technical services industry (90,000 people or 7. The liquidity ratio is commonly used by creditors and lenders when deciding May 22, 2024 · 3. This value tells us that as of September 28, 2019, Apple had current assets worth about 54% more than its current liabilities, or $1. 07. In general, a healthy current ratio for a retail company or sugar industry is typically considered to be between 1. See Answer. 3. A current ratio that is lower than the industry average may indicate a higher risk of distress or default," Fillo says. 2020–21 financial ratios. 82, above Railroads Industry average. Current Liabilities. 79, with a median value of 1. 5 suggests that it has a relatively large cushion of current assets. If you have a quick ratio of 2 and all Netflix Inc 's Quick, Working Capital, Debt to Equity, Leverage and Interest Coverage Ratio, Comparisons to Industry Sector and S&P . 11 below Pharmacy Services & Retail Drugstore Industry average. 79 % in the 1 Q 2024 sequentially, faster than Current Liabilities, this led to improvement in Nonalcoholic Beverages Industry's Quick Ratio to 0. the firm is more likely to avoid insolvency in the short run than other firms in the industry. S. If the average current ratio for the industry is 1. According to experts, while a current-ratio that is similar to the industry average or a tad higher is generally considered Industry market research reports, statistics, analysis, data, trends and forecasts. May 17, 2024 · Ratios, Averages, and Benchmarks. Current Liabilities = $55 million + $60 million = $115 million. 2x with a standard deviation of 92. Comparing Amazon's 250 P/E with a company 0. On the trailing twelve months basis Due to increase in Current Liabilities in the 1 Q 2024, Quick Ratio fell to 0. Current ratio is a simple way of calculating a company’s liquidity, which refers to the level of ease that the company may have converting assets to cash. Current Assets. Many trade associations and other specialized organizations also publish financial ratios, and ratios sometimes appear in newspapers and journal articles. listed companies included in the calculation: 3897 (year 2023). Bursa Malaysia Bhd's Current Ratio of 1. 2024-03-31. In the United States, the non-alcoholic beverages industry looks quite similar, with bottled water and carbonated soft drinks as the two largest segments. Current Ratio – Industry Average 2. View a list of companies in the industry ranked Jun 7, 2023 · Wages to sales ratio = Total salary and wages ÷ Total sales; Industry benchmarks detailed tables. $197,774 million (ranked #1) . 53. Jul 31, 2018 · Return Tang Equity. 0. is 2. The average current ratio of companies in the sector is 32. Quick Ratio = 108,938/126,385 = 0. Within Technology sector 3 other industries have achieved higher Working Capital Ratio. 5. 86 in the 1 Q 2024, Working Capital Ratio remained below Consulting Services Industry average. ratios for 800+ industries, arranged by NAICS code and broken down by asset and sales. 0 C. The higher ratio, the higher is the safety margin that the business possesses to meet its current liabilities. Collapsed lung due to medical treatment: 0. 80, a1. 3 days ago · We have created a unique directory of industry financial ratios. A firm has a higher quick (or acid test) ratio than the industry average, which implies. Learn this search! Research and recommendations on approximately 1,700 stocks, including ratios used for valuation. Working Capital Ratio Comment: On the trailing twelve months basis Grocery Stores Industry 's Current Assets grew by 2. On the trailing twelve months basis Despite sequential decrease in Current Liabilities, Working Capital Ratio detoriated to 1. McDonald's current ratio for the three months ending March 31, 2024 was 0. Table F1 External Link: Individual financial ratios for the 2020–21 income year. Quick Ratio Comment: On the trailing twelve months basis Department & Discount Retail Industry 's Cash & cash equivalent grew by 21. 31 in the 1 Q 2024, above Home Improvement Industry average Working Capital Ratio. NIKE current ratio for the three months ending February 29, 2024 was 2. Compare GPI With Other Stocks. Compare AAPL With Other Stocks. B2 R6. 25 in the 1 Q 2024,, Quick Ratio remained below Nonalcoholic Beverages Industry average. 67: Quick Ratio Financial Statement Analysis, Ch 19. 83. 5 in the 1 Q 2024, above Transport & Logistics Industry average Working Capital Ratio. 86. If the current ratio of a business is 1 or more, it means it has more current assets than current As shown in the table, the Software - Application industry has the highest average P/E ratio of 46. Jul 11, 2023 · Current ratio = Current assets/Current liabilities = $1,100,000/$400,000 = 2. NIKE Current Ratio Historical Data. search by 2-4 digit SIC (United States), 6-digit NAICS (United States), line of business, asset range, region and year. 11 in the 1 Q 2024, Working Capital Ratio remained below Grocery Stores Industry average. 5% B. Compare AMZN With Other Stocks. The key financial ratios and industry averages that characterise each sector are presented over the latest 6 year period. 2 to 1 or higher generally provides a cushion. Days Cash on Hand – Industry Average 85 Days D. 8%). 5, are the leading software companies among major players worldwide in terms of ability to pay short-term financial obligations, as of 2020. Key Takeaways The current ratio is a very common financial ratio to measure liquidity. 70, based on our analysis. Learn this search! Quick Ratio Comment: On the trailing twelve months basis Current Liabilities decreased faster than Apparel, Footwear & Accessories Industry's Cash & cash equivalent, this led to improvement in Apparel, Footwear & Accessories Industry's Quick Ratio to 0. Debt-to-Equity Ratio When liabilities are roughly equal to equity, an ideal D/E ratio is around 1. 2%; Coverage Ratio: 4. , Railroads Industry achieved lowest Leverage Ratio. of CLs, but different amount of CAs (table 3). Call Number: Reference HF5681. Click the card to flip 👆. Debt to Equity Ratio – Industry Average 0. 04. McDonald's is a leading fast-food chain that currently operates more Our expert help has broken down your problem into an easy-to-learn solution you can count on. 16. Comparison Analysis Based on SEC Data. 5 * Current Liabilities. 54% in the third Mar 17, 2023 · Oracle and Microsoft, with current ratios of 3 and 2. Generally, companies would aim to maintain a current ratio of at least 1 to ensure Jul 9, 2021 · Guide to Current Ratio: How to Calculate Current Ratio. Company Name. Calculation of current assets and current liabilities. U. It must be analyzed in the context of the industry the company primarily relates to. 23. 21. 4 See Answer. $2. 35, followed by Medical Instruments & Supplies at 4. Current and historical current ratio for Amazon (AMZN) from 2010 to 2024. 47. [1] It is a useful tool for business managers and investors, helps with decision making process Current and historical current ratio for Starbucks (SBUX) from 2010 to 2024. the retail apparel industry reported an average ROA of 7. By comparing a company’s financial ratios to industry averages, investors and analysts can identify areas of strength or weakness. To see Industry, Sector or S Nov 28, 2023 · A current ratio equal to the industry average or higher is considered to have good liquidity and can pay its obligations. companies that submit financial statements to the SEC. Average industry financial ratios for 'Manufacturing For Apple, the current ratio can be computed as follows: Apple Current Ratio = $162. In contrast, the Insurance - Reinsurance industry has the lowest average P/E ratio of 6. The averages are calculated using data from 2022 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval Due to repayements of liabilities of 0. Oct 12, 2020 · An acceptable current ratio aligns with that of the industry average or might be slightly higher than that. These corrections affect the documentation of the data What is a good debt-to-equity ratio for the automobile industry? The retail industry has an average current ratio of 1. Apr 15, 2019 · A current ratio that is lower than the industry average may indicate a higher risk of distress or default. Includes annual, quarterly and trailing numbers with full history and charts. On the trailing twelve months basis Despite sequential decrease in Current Liabilities, Working Capital Ratio detoriated to 2. 84% Industry improved Liabilities to Equity ratio in 1 Q 2024 to 1. is a roaster and retailer of specialty coffee globally. 166 % for Sep 2023. In contrast, the Other Precious Metals & Mining industry has the lowest average debt to Apr 19, 2024 · includes 14 key business ratios covering solvency, efficiency and profitability for over 800 lines of businesses. The averages are calculated using data from 2022 financial statements filed with the SEC through the Electronic Data Gathering, Analysis, and Retrieval While the banks function as community banks, the company strives to provide their customers with a broad range of competitive services generally provided only by larger, regional banks. Starbucks current ratio for the three months ending March 31, 2024 was 0. On the trailing twelve months basis Consulting Services Industry 's Current Assets grew by 2. May 9, 2024 · The current ratio is calculated as the current assets of Colgate divided by the current liability of Colgate. Online Financial Analysis Current Ratio : 1. More precisely, the general formula for the current ratio is: current_ratio = current assets / current_liabilities. Amazon current ratio for the three months ending March 31, 2024 was 1. Leverage and Coverage Ratios (Balance sheet data as of Q4 2023) All Equity REITs. 401 % in Dec 2023. Home Depot current ratio for the three months ending April 30, 2024 was . Nov 23, 2023 · Industry averages provide context and benchmarks for evaluating a company’s financial ratios against its peers in the same sector. Apr 18, 2024 · Current Assets = $25 million + $20 million + $10 million + $60 million = $115 million. IBISWorld provides financial ratios and industry benchmarks for hundreds of Canadian industries. 23 percent Working Capital Ratio Comment: On the trailing twelve months basis Medical Equipment & Supplies Industry 's Current Assets grew by 4. ROI. 93 % in the 1 Q 2024 sequentially, faster than Current Liabilities, this led to improvement in Consumer Electronics Industry's Quick Ratio to 0. Average industry financial ratios for 'Beverages' industry sector. Working capital = $45,000. The value of the current ratio is calculated by dividing current assets by current liabilities. On the trailing twelve months basis Current Liabilities decreased faster than Industry's Current Assets, this led to improvement in Industry's Working Capital Ratio to 1. Financial ratios and metrics for The Home Depot (HD). 00 of current liabilities. 54 of current assets for every $1. Hover over the ratio value in the table to see the exact number of companies included in the calculation. 67 G. Aug 8, 2022 · The following represent the average percentage of patients in the U. Average industry financial ratios for 'Finance Services Industry average. This is arrived at by dividing current assets by current liabilities. Compare HD With Other Stocks. Chart Industries current ratio for the three months ending March 31, 2024 was 1. 66%. Current ratio = 2. 6. 65. View a list of companies in the industry ranked by revenue. 5 in the 1 Q 2024,, Quick Ratio remained below Computer Hardware Industry average. 07 in the 1 Q 2024,, Quick Ratio remained below Automotive Aftermarket Industry average. 42% Industry improved Liabilities to Equity ratio in 1 Q 2024 to 2. For example, if a company's total current assets are $90,000 and its current liabilities are $72,000, its current ratio is $90,000/$72,000 = 1. 24. Some businesses may prefer an even higher current ratio, say 2 to 1 or 3 to 1. 6 % in the 1 Q 2024 sequentially, faster than Current Liabilities, this led to improvement in Industry's Working Capital Ratio to 1. Data available in both quarterly and annual increments. This records an increase from the previous number of 11. We encourage you to use this directory for educational and research May 14, 2024 · Here the quick ratio accounting formula is used to calculate and interpret It. Current ratio is a measure of liquidity of a company at a certain date. Within Retail sector 6 other industries have achieved higher Quick Ratio. Retail is an industry that is expected to generate cash on a day-to-day basis, and it’s easy for lenders to get … The Average Current Ratio for Retail Industry 0. 75 which means the company’s currents assets are 2. -listed companies that have submitted financial statements to the SEC. But Fillo says a very high current ratio is not always best practice. 33, below Industry average. Quick Ratio = Current Assets / Current Liabilities. Dec 13, 2022 · Typically businesses want a current ratio of 2. For example, in 2011, Current Assets were $4,402 million, and Current Liability was $3,716 million. The Current Ratio is a number expressed between "0" and up. Calculation: Liabilities / Equity. 87 in the 1 Q 2024,, Quick Ratio remained below Consumer Electronics Industry average. 25, followed by Resorts & Casinos at 2. Alphabet current ratio for the three months ending March 31, 2024 was 2. However, the five-year average current ratio in the restaurant industry is 1. Current ratio is a useful test of the short-term-debt paying ability of any business. This corresponds to a value of 1 or little higher than 1. wv jh gc mo se km cw qh mv tn