WebMar 31, 2024 · Wells Fargo shows the following industry averages for current ratio from January 2024: Construction: 0.97 Manufacturing: 2.14 Real estate: 1.48 Retail: 1.47 Current Ratio by Industry The current ratio captures a company’s ability to pay its debts, measuring current assets/current liabilities. WebThe Construction Financial Benchmarker is for construction financial professionals who need to be able to evaluate their company’s performance and report on how it compares with the industry in regards to key ratios …

The Average Current Ratio for Airline Industry ... - CFAJournal

WebA current ratio below the industry average may indicate an increased risk of financial suffering or default. If a company's current ratio is very high compared to its peers, it … The current ratio is a useful liquidity measurement used to track how well a company may be able to meet its short-term debt obligations. It compares the ratio of current assets to current liabilities, and measurements less than 1.0 indicate a company's potential inability to use current resources to fund … See more The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assetson its balance … See more To calculate the ratio, analysts compare a company’s current assets to its current liabilities.1 Current assets listed on a company’s balance … See more A ratio under 1.00 indicates that the company’s debts due in a year or less are greater than its assets—cash or other short-term assets expected to be converted to cash … See more The current ratio measures a company’s ability to pay current, or short-term, liabilities (debts and payables) with its current, or short-term, assets, such as cash, inventory, and … See more unlock a file stored on your local hard disk

What Is a Good Liquidity Ratio? - FreshBooks

WebSonic Automotive (SAH) United States. $1.959B. 5.65. Link Preview. HTML Code (Click to Copy) Group 1 Automotive Current Ratio 2010-2024 GPI. WebThe current ratio equal to one is considered the least benchmark as it helps to ensure sufficient cash is available to meet liabilities that fall due. Recent figures of the airline industry suggest that the average current ratio is 0.848, which seems due to the airline industry’s business model. WebJan 15, 2024 · The value of the current ratio is calculated by dividing current assets by current liabilities. More precisely, the general formula for the current ratio is: … unlock ags health