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. Monster Worldwide's current ratio for the quarter that ended in Sep. 2016 was 1.02.
Monster Worldwide has a current ratio of 1.02. It generally indicates good short-term financial strength.
The historical rank and industry rank for Monster Worldwide's Current Ratio or its related term are showing as below:
MWW's Current Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.715 * Ranked among companies with meaningful Current Ratio only.
Monster Worldwide Current Ratio Historical Data
The historical data trend for Monster Worldwide'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.
Competitive Comparison of Monster Worldwide's Current Ratio
For the Staffing & Employment Services subindustry, Monster Worldwide'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.
Monster Worldwide's Current Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Monster Worldwide's Current Ratio distribution charts can be found below:
* The bar in red indicates where Monster Worldwide's Current Ratio falls into.
Monster Worldwide 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.
Monster Worldwide's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as
* 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.
Monster Worldwide (NYSE:MWW) 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.
Monster Worldwide Current Ratio Related Terms
Thank you for viewing the detailed overview of Monster Worldwide's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Monster Worldwide (Monster Worldwide) Business Description
Monster Worldwide Inc was incorporated in Delaware on August 30, 1996. The Company together with its subsidiaries is engaged in connecting people to jobs, wherever they are. The Company offers services in approximately more than 40 countries, providing some of the sophisticated job seeking, career management, recruitment and talent management capabilities. The Company provides its services through digital, social and mobile solutions, including its flagship website monster.com and other products and services. The Company operates through two segments including Careers-North America and Careers-International. It offers placement of job advertisements on the websites within the Monster network, access to the Monster network of online resume and social profile databases, recruitment media services and other career-related services. The Company's segments provide online services to customers in diversified industries throughout North America, Europe, and the Asia-Pacific region. The Company's services and solutions include searchable job advertisements; resume database access; recruitment media solutions through advertising network and partnerships; social job distribution through Twitter and Facebook; display advertising; lead generation; social profile aggregation; and other career-related content. In addition, the Company has alliances with media and publishing companies, including approximately 1,000 newspapers in the United States, which extends its presence with local and regional job seekers. The Company's sales resources consist of field sales, telesales, a self-service e-Commerce channel, and resellers such as newspapers and recruitment advertising agencies. Its sales activities are geared toward enterprise, small and medium sized businesses ("SMBs"), staffing companies, government agencies, and advertising agencies. Its customers are comprised of enterprise organizations, small and medium-sized organizations, federal, state and local government agencies, educational institutions and individuals. The Company faces competition from a number of sources including other employment-related websites, general classified advertising websites, professional networking and social networking websites, traditional media companies, Internet portals, search engines and general-interest websites such as blogs.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MWW has been successfully added to your 