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Alternatif Yatirim Ortakligi A.S. (IST:ARFYOY) Current Ratio : 198.72 (As of Dec. 2014)


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What is Alternatif Yatirim Ortakligi A.S. 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. Alternatif Yatirim Ortakligi A.S.'s current ratio for the quarter that ended in Dec. 2014 was 198.72.

Alternatif Yatirim Ortakligi A.S. has a current ratio of 198.72. 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 Alternatif Yatirim Ortakligi A.S.'s Current Ratio or its related term are showing as below:

IST:ARFYOY' s Current Ratio Range Over the Past 10 Years
Min: 24.69   Med: 89.35   Max: 198.72
Current: 198.72

During the past 7 years, Alternatif Yatirim Ortakligi A.S.'s highest Current Ratio was 198.72. The lowest was 24.69. And the median was 89.35.

IST:ARFYOY's Current Ratio is not ranked
in the Asset Management industry.
Industry Median: 2.97 vs IST:ARFYOY: 198.72

Alternatif Yatirim Ortakligi A.S. Current Ratio Historical Data

The historical data trend for Alternatif Yatirim Ortakligi A.S.'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.

Alternatif Yatirim Ortakligi A.S. Current Ratio Chart

Alternatif Yatirim Ortakligi A.S. Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Current Ratio
Get a 7-Day Free Trial 55.41 - 129.31 123.28 198.72

Alternatif Yatirim Ortakligi A.S. Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 123.28 8.91 32.97 389.26 198.72

Competitive Comparison of Alternatif Yatirim Ortakligi A.S.'s Current Ratio

For the Asset Management subindustry, Alternatif Yatirim Ortakligi A.S.'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.


Alternatif Yatirim Ortakligi A.S.'s Current Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alternatif Yatirim Ortakligi A.S.'s Current Ratio distribution charts can be found below:

* The bar in red indicates where Alternatif Yatirim Ortakligi A.S.'s Current Ratio falls into.



Alternatif Yatirim Ortakligi A.S. 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.

Alternatif Yatirim Ortakligi A.S.'s Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )=Total Current Assets (A: Dec. 2014 )/Total Current Liabilities (A: Dec. 2014 )
=26.827/0.135
=198.72

Alternatif Yatirim Ortakligi A.S.'s Current Ratio for the quarter that ended in Dec. 2014 is calculated as

Current Ratio (Q: Dec. 2014 )=Total Current Assets (Q: Dec. 2014 )/Total Current Liabilities (Q: Dec. 2014 )
=26.827/0.135
=198.72

* 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.


Alternatif Yatirim Ortakligi A.S.  (IST:ARFYOY) 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.


Alternatif Yatirim Ortakligi A.S. Current Ratio Related Terms

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Alternatif Yatirim Ortakligi A.S. (IST:ARFYOY) Business Description

Traded in Other Exchanges
N/A
Address
Alternatif Yatirim Ortakligi A.S. provides asset management services. Its services include portfolio management as well as investment management of capital market instruments traded on the domestic and international stock exchanges.

Alternatif Yatirim Ortakligi A.S. (IST:ARFYOY) Headlines

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