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Arctic Cat (Arctic Cat) Current Ratio : 1.79 (As of Dec. 2016)


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What is Arctic Cat Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Arctic Cat's current ratio for the quarter that ended in Dec. 2016 was 1.79.

Arctic Cat has a current ratio of 1.79. It generally indicates good short-term financial strength.

The historical rank and industry rank for Arctic Cat's Current Ratio or its related term are showing as below:

ACAT's Current Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.52
* Ranked among companies with meaningful Current Ratio only.

Arctic Cat Current Ratio Historical Data

The historical data trend for Arctic Cat's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Arctic Cat Current Ratio Chart

Arctic Cat Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.04 1.92 2.01 1.85

Arctic Cat Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.22 1.85 1.91 1.69 1.79

Competitive Comparison of Arctic Cat's Current Ratio

For the Recreational Vehicles subindustry, Arctic Cat's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arctic Cat's Current Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Arctic Cat's Current Ratio distribution charts can be found below:

* The bar in red indicates where Arctic Cat's Current Ratio falls into.



Arctic Cat Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Arctic Cat's Current Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Current Ratio (A: Mar. 2016 )=Total Current Assets (A: Mar. 2016 )/Total Current Liabilities (A: Mar. 2016 )
=229.047/124.03
=1.85

Arctic Cat's Current Ratio for the quarter that ended in Dec. 2016 is calculated as

Current Ratio (Q: Dec. 2016 )=Total Current Assets (Q: Dec. 2016 )/Total Current Liabilities (Q: Dec. 2016 )
=247.183/137.728
=1.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Arctic Cat  (NAS:ACAT) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Arctic Cat Current Ratio Related Terms

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Arctic Cat (Arctic Cat) Business Description

Traded in Other Exchanges
N/A
Address
Arctic Cat designs, engineers, manufactures, and markets snowmobiles, all-terrain vehicles, and utility task vehicles, or "side-by-sides," under the Arctic Cat brand name, as well as related parts, garments, and accessories under the Arctic Cat and MotorFist brands. The company markets its products through a network of independent dealers throughout the contiguous United States and Canada and through distributors representing dealers in Alaska, Europe, the Middle East, Asia, and other international markets.
Executives
Andrew S Duff director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Joseph F. Puishys director 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Christopher T Metz director, officer: President and CEO BLACK & DECKER CORP, 701 EAST JOPPA ROAD, TOWSON MD 21286
Susan E Lester director PACWEST BANCORP, 9701 WILSHIRE BOULEVARD, SUITE 700, BEVERLY HILLS CA 90212
Tony Christianson director
Christopher J Eperjesy officer: Chief Financial Officer 505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441
Patricia L Jones officer: Chief Human Resources Officer C/O 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
D Christian Koch director P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Christopher A Twomey director ARCTIC CAT, 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
Stanley A Askren director 408 EAST SECOND STREET, MUSCATINE IA 52761
Gregg A Ostrander director 4600 SLEEPYTIME DRIVE, BOULDER CO 80301
David A Roberts director 3013 KINGS MANOR DRIVE, WEDDINGTON NC 21104-6868

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