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Realtime Technology AG (XTER:R1T) Current Ratio : 2.46 (As of Jun. 2014)


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What is Realtime Technology AG 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. Realtime Technology AG's current ratio for the quarter that ended in Jun. 2014 was 2.46.

Realtime Technology AG has a current ratio of 2.46. It generally indicates good short-term financial strength.

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

XTER:R1T' s Current Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.05   Max: 4.2
Current: 2.33

During the past 4 years, Realtime Technology AG's highest Current Ratio was 4.20. The lowest was 2.33. And the median was 3.05.

XTER:R1T's Current Ratio is not ranked
in the Software industry.
Industry Median: 1.78 vs XTER:R1T: 2.33

Realtime Technology AG Current Ratio Historical Data

The historical data trend for Realtime Technology AG'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.

Realtime Technology AG Current Ratio Chart

Realtime Technology AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Current Ratio
4.20 3.63 2.47 2.33

Realtime Technology AG Semi-Annual Data
Jun08 Jun09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.34 2.47 2.33 2.33 2.46

Competitive Comparison of Realtime Technology AG's Current Ratio

For the Software - Infrastructure subindustry, Realtime Technology AG'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.


Realtime Technology AG's Current Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Realtime Technology AG's Current Ratio distribution charts can be found below:

* The bar in red indicates where Realtime Technology AG's Current Ratio falls into.



Realtime Technology AG 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.

Realtime Technology AG's Current Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Current Ratio (A: Dec. 2013 )=Total Current Assets (A: Dec. 2013 )/Total Current Liabilities (A: Dec. 2013 )
=39.443/16.906
=2.33

Realtime Technology AG's Current Ratio for the quarter that ended in Jun. 2014 is calculated as

Current Ratio (Q: Jun. 2014 )=Total Current Assets (Q: Jun. 2014 )/Total Current Liabilities (Q: Jun. 2014 )
=42.996/17.444
=2.46

* 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.


Realtime Technology AG  (XTER:R1T) 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.


Realtime Technology AG Current Ratio Related Terms

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Realtime Technology AG (XTER:R1T) Business Description

Traded in Other Exchanges
N/A
Address
Realtime Technology AG provides 3D real-time visualization software and services to customers in automotive, aircraft, and consumer goods industries. Its solutions include RTT DeltaGen, RTT DeltaPix, RTT DeltaTex, and RTT DeltaView, among others.

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