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Eurosite Power (Eurosite Power) Current Ratio : 5.15 (As of Jun. 2018)


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What is Eurosite Power 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. Eurosite Power's current ratio for the quarter that ended in Jun. 2018 was 5.15.

Eurosite Power has a current ratio of 5.15. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

EUSP's Current Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.06
* Ranked among companies with meaningful Current Ratio only.

Eurosite Power Current Ratio Historical Data

The historical data trend for Eurosite Power'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.

Eurosite Power Current Ratio Chart

Eurosite Power Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Current Ratio
Get a 7-Day Free Trial 24.51 5.66 7.72 10.22 2.07

Eurosite Power Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
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 9.12 - - 4.74 5.15

Competitive Comparison of Eurosite Power's Current Ratio

For the Utilities - Regulated Electric subindustry, Eurosite Power'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.


Eurosite Power's Current Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eurosite Power's Current Ratio distribution charts can be found below:

* The bar in red indicates where Eurosite Power's Current Ratio falls into.



Eurosite Power 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.

Eurosite Power's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )=Total Current Assets (A: Dec. 2015 )/Total Current Liabilities (A: Dec. 2015 )
=1.45/0.699
=2.07

Eurosite Power's Current Ratio for the quarter that ended in Jun. 2018 is calculated as

Current Ratio (Q: Jun. 2018 )=Total Current Assets (Q: Jun. 2018 )/Total Current Liabilities (Q: Jun. 2018 )
=3.31/0.643
=5.15

* 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.


Eurosite Power  (OTCPK:EUSP) 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.


Eurosite Power Current Ratio Related Terms

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Eurosite Power (Eurosite Power) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cooper Parry, Sky View, Argosy Road, East Midlands Airport, Castle Donington, Derby, GBR, DE74 2SA
Eurosite Power Inc owns and operates clean, on-site energy systems that produce electricity, hot water, heat, and cooling. Its solutions include equipment installation, as well as operation and ongoing maintenance. The company owns and operates the equipment that it installs at customers' facilities and sells the energy produced by its systems to the customers on a long-term contractual basis. It offers its on-site utility solutions to healthcare, hospitality, housing, and leisure centers. Geographically the business presence of the firm is seen in the region of Europe and the United Kingdom.
Executives
John Hatsopoulos other: No longer a 10% owner 85 FIRST AVENUE, WALTHAM MA 02451
Bonnie Jean Brown officer: CFO, Treasurer, and Secretary 97 FIFTY ACRE WAY, CARLISLE MA 01741
Ahmed Ghoniem director 45 FIRST AVENUE, WALTHAM MA 02451

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