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Internix (TSE:2657) Current Ratio : 3.48 (As of Sep. 2012)


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What is Internix 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. Internix's current ratio for the quarter that ended in Sep. 2012 was 3.48.

Internix has a current ratio of 3.48. 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 Internix's Current Ratio or its related term are showing as below:

TSE:2657's Current Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.42
* Ranked among companies with meaningful Current Ratio only.

Internix Current Ratio Historical Data

The historical data trend for Internix'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.

Internix Current Ratio Chart

Internix Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12
Current Ratio
3.14 4.23 3.31 3.30 3.63

Internix Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Current Ratio Get a 7-Day Free Trial 3.19 3.04 3.63 3.19 3.48

Competitive Comparison of Internix's Current Ratio

For the Semiconductors subindustry, Internix'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.


Internix's Current Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Internix's Current Ratio distribution charts can be found below:

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



Internix 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.

Internix's Current Ratio for the fiscal year that ended in Mar. 2012 is calculated as

Current Ratio (A: Mar. 2012 )=Total Current Assets (A: Mar. 2012 )/Total Current Liabilities (A: Mar. 2012 )
=11791.19/3244.636
=3.63

Internix's Current Ratio for the quarter that ended in Sep. 2012 is calculated as

Current Ratio (Q: Sep. 2012 )=Total Current Assets (Q: Sep. 2012 )/Total Current Liabilities (Q: Sep. 2012 )
=11968.606/3435.533
=3.48

* 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.


Internix  (TSE:2657) 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.


Internix Current Ratio Related Terms

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Internix (TSE:2657) Business Description

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