Periphas Capital Partnering (Periphas Capital Partnering) Current Ratio : 0.51 (As of Sep. 2022)

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What is Periphas Capital Partnering 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. Periphas Capital Partnering's current ratio for the quarter that ended in Sep. 2022 was 0.51.

Periphas Capital Partnering has a current ratio of 0.51. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Periphas Capital Partnering has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

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

PCPCW' s Current Ratio Range Over the Past 10 Years
Min: 0.51 Med: 3.23 Max: 6.86
Current: 0.51

During the past 2 years, Periphas Capital Partnering's highest Current Ratio was 6.86. The lowest was 0.51. And the median was 3.23.

PCPCW's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.27 vs PCPCW: 0.51

Periphas Capital Partnering Current Ratio Historical Data

The historical data trend for Periphas Capital Partnering'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.

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Periphas Capital Partnering Current Ratio Chart

Periphas Capital Partnering Annual Data

Trend

Dec20

Dec21

Current Ratio

6.36

2.30

Periphas Capital Partnering Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Current Ratio	Get a 7-Day Free Trial				4.15	2.30	1.33	1.03	0.51

Competitive Comparison of Periphas Capital Partnering's Current Ratio

For the Shell Companies subindustry, Periphas Capital Partnering'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.

Periphas Capital Partnering's Current Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Periphas Capital Partnering's Current Ratio distribution charts can be found below:

* The bar in red indicates where Periphas Capital Partnering's Current Ratio falls into.

Periphas Capital Partnering 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.

Periphas Capital Partnering's Current Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Current Ratio (A: Dec. 2021 )	=	Total Current Assets (A: Dec. 2021 )	/	Total Current Liabilities (A: Dec. 2021 )
	=	0.669	/	0.291
	=	2.30

Periphas Capital Partnering's Current Ratio for the quarter that ended in Sep. 2022 is calculated as

Current Ratio (Q: Sep. 2022 )	=	Total Current Assets (Q: Sep. 2022 )	/	Total Current Liabilities (Q: Sep. 2022 )
	=	0.336	/	0.658
	=	0.51

Periphas Capital Partnering (OTCPK:PCPCW) 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.

Periphas Capital Partnering Current Ratio Related Terms

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