Sterling Plc Current ratio
Cos'è Current ratio di Sterling Plc?
Current ratio di Sterling Energy Plc è 10.69
Qual è la definizione di Current ratio?
Il rapporto corrente è un rapporto di liquidità che misura se una società dispone o meno di risorse sufficienti per soddisfare i suoi obblighi a breve termine.
The current ratio is an indication of a company's liquidity and measures the capability to meet a company's short-term obligations. It compares a firm's current assets to its current liabilities, and is expressed as current assets divided by current liabilities. The ratio is only useful when two companies are compared within industry because inter industry business operations differ substantially. To determine liquidity, the current ratio is not as helpful as the quick ratio, because it includes all those assets that may not be easily liquidated, like prepaid expenses and inventory.
Acceptable current ratios vary from industry to industry. In many cases an investor would consider a high current ratio to be better than a low current ratio, because a high current ratio indicates that the company is more likely to pay the investor back. Large current ratios are not always a good sign for investors. If the company's current ratio is too high it may indicate that the company is not efficiently using its current assets or its short-term financing facilities. If current liabilities exceed current assets the current ratio will be less than 1. A current ratio of less than 1 indicates that the company may have problems meeting its short-term obligations.
Some types of businesses can operate with a current ratio of less than one however. If inventory turns into cash much more rapidly than the accounts payable become due, then the firm's current ratio can comfortably remain less than one. Inventory is valued at the cost of acquiring it and the firm intends to sell the inventory for more than this cost. The sale will therefore generate substantially more cash than the value of inventory on the balance sheet. Low current ratios can also be justified for businesses that can collect cash from customers long before they need to pay their suppliers.
Current ratio di aziende nel Energy settore su LSE rispetto a Sterling Plc
Cosa fa Sterling Plc?
Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.
Aziende con current ratio simili a Sterling Plc
- Quadrise Fuels International Plc ha Current ratio di 10.66
- Siburan Resources ha Current ratio di 10.68
- Ocuphire Pharma ha Current ratio di 10.68
- Vinci Partners Investments Ltd ha Current ratio di 10.68
- Trevi Therapeutics ha Current ratio di 10.68
- Motive Capital Corp II ha Current ratio di 10.69
- Sterling Plc ha Current ratio di 10.69
- Zhejiang Yongan Rongtong Co ha Current ratio di 10.69
- Texmaco Infrastructure & ha Current ratio di 10.71
- Diffusion Pharmaceuticals Inc ha Current ratio di 10.71
- Graybug Vision ha Current ratio di 10.72
- Global Cord Blood Corp ha Current ratio di 10.73
- KAPA Gold ha Current ratio di 10.74