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Alliance Holdings GP LP (Alliance Holdings GP LP) Current Ratio : 1.15 (As of Mar. 2018)


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What is Alliance Holdings GP LP 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. Alliance Holdings GP LP's current ratio for the quarter that ended in Mar. 2018 was 1.15.

Alliance Holdings GP LP has a current ratio of 1.15. It generally indicates good short-term financial strength.

The historical rank and industry rank for Alliance Holdings GP LP's Current Ratio or its related term are showing as below:

AHGP's Current Ratio is not ranked *
in the Steel industry.
Industry Median: 1.67
* Ranked among companies with meaningful Current Ratio only.

Alliance Holdings GP LP Current Ratio Historical Data

The historical data trend for Alliance Holdings GP LP'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.

Alliance Holdings GP LP Current Ratio Chart

Alliance Holdings GP LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 0.82 0.76 0.86 0.98

Alliance Holdings GP LP Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.96 1.13 0.83 0.98 1.15

Competitive Comparison of Alliance Holdings GP LP's Current Ratio

For the Coking Coal subindustry, Alliance Holdings GP LP'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.


Alliance Holdings GP LP's Current Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Alliance Holdings GP LP's Current Ratio distribution charts can be found below:

* The bar in red indicates where Alliance Holdings GP LP's Current Ratio falls into.



Alliance Holdings GP LP 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.

Alliance Holdings GP LP's Current Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Current Ratio (A: Dec. 2017 )=Total Current Assets (A: Dec. 2017 )/Total Current Liabilities (A: Dec. 2017 )
=283.462/290.127
=0.98

Alliance Holdings GP LP's Current Ratio for the quarter that ended in Mar. 2018 is calculated as

Current Ratio (Q: Mar. 2018 )=Total Current Assets (Q: Mar. 2018 )/Total Current Liabilities (Q: Mar. 2018 )
=295.402/257.362
=1.15

* 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.


Alliance Holdings GP LP  (NAS:AHGP) 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.


Alliance Holdings GP LP Current Ratio Related Terms

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Alliance Holdings GP LP (Alliance Holdings GP LP) Business Description

Traded in Other Exchanges
N/A
Address
Alliance Holdings GP LP is a diversified producer and marketer of coal to U.S. utilities and industrial users that operate approximately ten underground mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. The company operates in five reportable segments which are the Illinois Basin, Central Appalachia, Northern Appalachia, White Oak and Other and Corporate.
Executives
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208
Craft Joseph W Iii director, 10 percent owner, officer: President and Chief Executive PO BOX 22027, TULSA OK 74121-2027
Cary P Marshall officer: Vice President and Treasurer PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Wilson M Torrence director 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Michael J Hall director 7438 EAST 68TH PLACE, TULSA OK 74133
Kathleen S. Craft 10 percent owner 2502 E. 45TH ST., TULSA OK 74105
Charles R Wesley other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Thomas M Wynne other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
R Eberley Davis officer: SVP-Law&Admin,General Counsel 1717 SOUTH BOULDER, SUITE 400, TULSA OK 74119
Brian L Cantrell officer: Senior VP and CFO P O BOX 22027, TULSA OK 74121
Dave A Gilbert other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Dale G Wilkerson other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
A Wellford Tabor other: Member of 13d group (over 10%) 2820 SELWYN AVE. SUITE 550 CHARLOTTE NC 28209
Thomas L Pearson officer: Senior VP-Law & Adminstration PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121
Gary J Rathburn other: Member of 13d group (over 10%) PO BOX 22027, C/O ALLIANCE RESOURCE PARTNERS LP, TULSA OK 74121