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Silicon Graphics International (Silicon Graphics International) Current Ratio : 1.58 (As of Jun. 2016)


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What is Silicon Graphics International 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. Silicon Graphics International's current ratio for the quarter that ended in Jun. 2016 was 1.58.

Silicon Graphics International has a current ratio of 1.58. It generally indicates good short-term financial strength.

The historical rank and industry rank for Silicon Graphics International's Current Ratio or its related term are showing as below:

SGI's Current Ratio is not ranked *
in the Hardware industry.
Industry Median: 2.03
* Ranked among companies with meaningful Current Ratio only.

Silicon Graphics International Current Ratio Historical Data

The historical data trend for Silicon Graphics International'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.

Silicon Graphics International Current Ratio Chart

Silicon Graphics International Annual Data
Trend Dec06 Dec07 Dec08 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.65 1.28 1.51 1.58

Silicon Graphics International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 1.51 1.51 1.55 1.58 1.58

Competitive Comparison of Silicon Graphics International's Current Ratio

For the Computer Hardware subindustry, Silicon Graphics International'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.


Silicon Graphics International's Current Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silicon Graphics International's Current Ratio distribution charts can be found below:

* The bar in red indicates where Silicon Graphics International's Current Ratio falls into.



Silicon Graphics International 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.

Silicon Graphics International's Current Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Current Ratio (A: Jun. 2016 )=Total Current Assets (A: Jun. 2016 )/Total Current Liabilities (A: Jun. 2016 )
=263.951/167.383
=1.58

Silicon Graphics International's Current Ratio for the quarter that ended in Jun. 2016 is calculated as

Current Ratio (Q: Jun. 2016 )=Total Current Assets (Q: Jun. 2016 )/Total Current Liabilities (Q: Jun. 2016 )
=263.951/167.383
=1.58

* 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.


Silicon Graphics International  (NAS:SGI) 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.


Silicon Graphics International Current Ratio Related Terms

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Silicon Graphics International (Silicon Graphics International) Business Description

Traded in Other Exchanges
N/A
Address
Silicon Graphics International Corp was formed on October 20, 1999 as a California limited liability company and then it was incorporated in the state of Delaware as a corporation on December 10, 2002. The Company develops markets and sells servers, enterprise-class storage, differentiating software and designed-to-order solutions for data center deployments, with support and professional services. It is designed to deliver high impact results with lower total cost of ownership and to achieve industry speed, scale and efficiency. The Company's two reportable segments are Product and Services. The Product segment is comprised of its compute and storage solutions. Compute solutions include its scale-out computing, scale-up computing, software and cloud/web solutions. Compute solutions also include integrated third-party hardware and software products that it sells to provide a single source solution for its customers. Its compute solutions are designed to minimize the number and complexity of interconnects for power and data transfer to improve reliability, speed of implementation and serviceability. Storage solutions include both hardware and software offerings to address virtually every type of data storage and management requirement. Products range from entry-level disk arrays to complex storage systems, with technology and hardware. Its storage solutions ar e designed to provide extreme scale, broad flexibility and to minimize the cost to store data. The Service segment is comprised of customer service support and professional services. Its customer support organization provides ongoing maintenance and technical support for its products and some third-party products, as well as contracted maintenance services, hardware deployment services (install and de-install), time and materials-based services and spare parts. Its professional services organization provides value added services associated with technology consulting, project management and customer education, all of which help its customers realize the full value of their information technology investments. Its geographic region includes America, Europe and Asia-Pacific. The Company competes with United States such as Dell Inc. (Dell), Hewlett-Packard Company (HP), International Business Machines Corporation (IBM), Oracle Corporation (Oracle), Cray, Inc. (Cray) and Supermicro Computing, Inc. (Supermicro). In the data analytics or HPDA market, it competes with IBM, Lenovo, HP, Fujitsu, Hitachi and Oracle. It has approximately 600 granted patents and pending applications in the United States and abroad. Its solutions are utilized by scientific, business and government communities to fulfill compute intensive application needs in petascale and exascale environments.
Executives
Jorge Titinger director, officer: President & CEO 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Kirsten O. Wolberg director 900 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
Douglas R King director 465 EL CENTRO ROAD, HILLSBOROUGH CA 94010
Ron Verdoorn director C/O MARVELL SEMICONDUCTOR INC 700 FIRST AVE SUNNYVALE CA 94089
Charles Boesenberg director 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Hagi Schwartz director C/O MIMECAST LIMITED, MIMECAST NA, INC., 191 SPRING STREET, LEXINGTON MA 02421
Jennifer Pileggi officer: SVP, General Counsel/Corp Sec CNF INC., 2855 CAMPUS DRIVE, SAN MATEO CA 94403
Anthony Carrozza officer: EVP, Worldwide Sales
James D Wheat officer: SVP & Chief Financial Officer C/O SILICON GRAPHICS INTERNATIONAL CORP 46600 LANDING PARKWAY FREMONT CA 94538
Mark J Barrenechea director, officer: President & CEO C/O SILICON GRAPHICS INTERNATIONAL CORP, 46600 LANDING PARKWAY, FREMONT CA 94538
Madhu Ranganathan officer: Chief Financial Officer 760 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94102
Todd R Ford officer: Executive Vice President 3457 BRYANT STREET, PALO ALTO CA 94306
Parthenon Investors Ii. L.p. 10 percent owner C/O PARTHENON CAPITAL PARTNERS, 400 EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Pcap Partners Ii, Llc 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111

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