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HSN (HSNI) Current Ratio : 1.53 (As of Sep. 2017)


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What is HSN 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. HSN's current ratio for the quarter that ended in Sep. 2017 was 1.53.

HSN has a current ratio of 1.53. It generally indicates good short-term financial strength.

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

HSNI's Current Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.59
* Ranked among companies with meaningful Current Ratio only.

HSN Current Ratio Historical Data

The historical data trend for HSN'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.

HSN Current Ratio Chart

HSN Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 1.82 1.79 1.64 1.49

HSN Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 1.75 1.49 1.64 1.57 1.53

Competitive Comparison of HSN's Current Ratio

For the Specialty Retail subindustry, HSN'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.


HSN's Current Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, HSN's Current Ratio distribution charts can be found below:

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



HSN 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.

HSN's Current Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Current Ratio (A: Dec. 2016 )=Total Current Assets (A: Dec. 2016 )/Total Current Liabilities (A: Dec. 2016 )
=813.018/544.081
=1.49

HSN's Current Ratio for the quarter that ended in Sep. 2017 is calculated as

Current Ratio (Q: Sep. 2017 )=Total Current Assets (Q: Sep. 2017 )/Total Current Liabilities (Q: Sep. 2017 )
=724.335/473.772
=1.53

* 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.


HSN  (NAS:HSNI) 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.


HSN Current Ratio Related Terms

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HSN (HSNI) Business Description

Traded in Other Exchanges
N/A
Address
HSN Inc is a multi-channel retailer offering retail experiences through various platforms including television, online, mobile, catalogs and in retail and outlet stores. It operates through two different operating segments, HSN and Cornerstone.
Executives
Liberty Interactive Corp 10 percent owner 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
James M Follo director 620 8TH AVENUNE, NEW YORK NY 10018
Rod R Little officer: Chief Financial Officer 1 HSN DRIVE, ST. PETERSBURG FL 33729
Thomas Mcinerney director ALTABA INC., 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK X1 10017
Ann Sarnoff director C/O HSN, INC., 1 HSN DRIVE, SAINT PETERSBURG FL 33729
Fiona P Dias director
Gregory J Henchel officer: Chief Legal Officer, Secretary C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729
Arthur C Martinez director SEARS ROEBUCK & CO, SEARS TOWER, PO BOX 081079, CHICAGO IL 60808-1079
Michael Attinella officer: Chief Accounting Officer C/O SUPERIOR GROUP OF COMPANIES, INC., 10055 SEMINOLE BLVE, SEMINOLE FL 33772
Chun Courtnee A director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Judy Schmeling officer: Pres. Cornerstone, COO HSNi C/O HSN, INC., 1 HSN DRIVE, ST.PETERSBURG FL 33729
Maria D. Martinez officer: Chief Human Resources Officer C/O AXOGEN INC., 13631 PROGRESS BLVD, SUITE 400, ALACHUA FL 32615
Matthew E Rubel director 3231 SE SIXTH AVENUE, TOPEKA KS 66607
Mindy F Grossman director, officer: CEO 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Morse John B Jr director C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729

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