Steiner Leisure (Steiner Leisure) Current Ratio : 0.92 (As of Sep. 2015)

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What is Steiner Leisure 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. Steiner Leisure's current ratio for the quarter that ended in Sep. 2015 was 0.92.

Steiner Leisure has a current ratio of 0.92. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Steiner Leisure has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Steiner Leisure's Current Ratio or its related term are showing as below:

STNR's Current Ratio is not ranked ^*
in the Personal Services industry.
Industry Median: 1.12
* Ranked among companies with meaningful Current Ratio only.

Steiner Leisure Current Ratio Historical Data

The historical data trend for Steiner Leisure'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.

Steiner Leisure Current Ratio Chart

Steiner Leisure Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Current Ratio

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1.84

1.03

1.01

1.02

1.04

Steiner Leisure Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Current Ratio	Get a 7-Day Free Trial															0.98	1.04	0.93	0.92	0.92

Competitive Comparison of Steiner Leisure's Current Ratio

For the Personal Services subindustry, Steiner Leisure'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.

Steiner Leisure's Current Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Steiner Leisure's Current Ratio distribution charts can be found below:

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

Steiner Leisure 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.

Steiner Leisure's Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )	=	Total Current Assets (A: Dec. 2014 )	/	Total Current Liabilities (A: Dec. 2014 )
	=	209.857	/	202.02
	=	1.04

Steiner Leisure's Current Ratio for the quarter that ended in Sep. 2015 is calculated as

Current Ratio (Q: Sep. 2015 )	=	Total Current Assets (Q: Sep. 2015 )	/	Total Current Liabilities (Q: Sep. 2015 )
	=	207.99	/	226.08
	=	0.92

Steiner Leisure (NAS:STNR) 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.

Steiner Leisure Current Ratio Related Terms

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Steiner Leisure (Steiner Leisure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Steiner Leisure Ltd (NAS:STNR) » Definitions » Current Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.steinerleisure.com

Steiner Leisure Ltd was incorporated in the Bahamas on November 1995. The Company is engaged in the service of traditional and alternative massage, body and skin treatment options, fitness, acupuncture, medi-spa treatments and laser hair removal. It also develops and markets premium quality beauty products, which are sold at the Company's facilities, through e-commerce and through third-party retail outlets and other channels, and operates post-secondary schools offering massage therapy and related courses. The Company serves cruise ships and third-party land-based venues namely Caesars Entertainment, Carnival Cruise Lines, Costa Cruises, Crystal Cruises, Cunard Cruise Line, Hilton Hotels, Holland America Line, among others. As of February 1, 2014, the Company served 156 cruise ships representing 18 cruise lines, and operated 52 resort spas, 11 urban hotel spas, five day spas and 109 Ideal Image centers. The Company also operates 12 post-secondary schools, comprised of a total of 32 campuses located in Arizona, Colorado, Connecticut, Florida, Illinois, Maryland, Massachusetts, Nevada, New Jersey, Pennsylvania, Texas, Utah, Virginia and Washington. The Company provides shipboard services in treatment and fitness facilities located on cruise ships. Its services include massages, facials, microdermabrasion, waxing, aromatherapy treatments, seaweed wraps, aerobic exercise, yoga, Pilates, hair styling, manicures, pedicures and teeth whitening, as well as other beauty and body treatments and services, acupuncture and medi-spa services such as BOTOX Cosmetic, Dysport, Restylane and Perlane. The products sold by the Company include beauty preparations such as lotions aimed at reducing the appearance of aging on skin, aromatherapy oils, cleansers and creams and other facial and skin care preparations, hair care products, moisturizers and lotions, nail care products, footwear and shapewear, including products under the Steiner and Mandara names. The Company sells the products through, among other channels, e-commerce, catalogs, on board the ships, at land-based spas, through department stores and third-party retail outlets and distributors, as well as through salons, mail order and websites, including www.timetospa.com, www.timetospa.co.uk, www.blissworld.com, www.blisslondon.co.uk and www.bodyworkmall.com. The Company operates its business through four reportable segments: Spa Operations, Products, Schools and Laser Hair Removal. Through its Spa Operations segment, it offers massages and a variety of other body treatments, as well as a broad variety of beauty treatments to women, men and teenagers on cruise ships and at land-based spas. As of February 1, 2014, it provided its spa services on 156 ships and at a total of 63 hotel spas located in the United States, the Caribbean, Asia, the Pacific and other locations, and at its day spas in New York City, Coral Gables and London. Through the Products segment, it develops and sells beauty pro

Executives

Robert Lazar	officer: VP - Finance and CAO	770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
Cynthia R Cohen	director	1401 BRICKELL AVENUE, SUITE 640, C/O STRATEGIC MINDSHARE, MIAMI FL 33131
Denise Dickins	director	1867 TRAVIS CIRCLE, WEST PALM BEACH FL 33406
David Harris	director	237 PARK AVENUE - SUITE 900, NEW YORK NY 10017
Leonard I Fluxman	director, officer: President & CEO	STEINER LEISURE LIMITED, 770 S DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Stephen Lazarus	officer: COO & CFO	C/O STEINER MANAGEMENT SERVICES, 770 S. DIXIE HWY. #200, CORAL GABLES FL 33145
Glenn Fusfield	officer: Pres & COO- Steiner Transocean	STEINER LEISURE LTD, 770 SOUTH DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Jonathan D Mariner	director	2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
Steiner Leisure Ltd	officer: EVP - Steiner Education Group	STE 104A, SAFFREY SQ, NASSAU C5 00000