ARGC (Arion Group) Current Ratio: 0.34 (As of Oct. 2023)


ARGC Arion Group Corp ARGC
39 GF Score
Price $2.50
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What is Arion Group Current Ratio?

Arion Group ARGC 39 Current Ratio is 0.34 as of Oct. 2023. GuruFocus rates ARGC with a GF Score™ of 39/100.

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. Arion Group's current ratio for the quarter that ended in Oct. 2023 was 0.34.

Arion Group has a current ratio of 0.34. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Arion Group 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 Arion Group's Current Ratio or its related term are showing as below:

ARGC's Current Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.1
* Ranked among companies with meaningful Current Ratio only.

Arion Group  (OTCPK:ARGC) 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.


Arion Group Current Ratio Related Terms


Arion Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Arion Group'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.

Arion Group Current Ratio Chart

Arion Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Current Ratio
Get a 7-Day Free Trial 0.39 0.08 0.22 0.03 0.13

Arion Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.01 0.13 0.14 0.28 0.34

Arion Group Current Ratio Competitor Comparison

For the Shell Companies subindustry, Arion Group'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.


Arion Group Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Arion Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Arion Group's Current Ratio falls into.


ARGC
39GF Score
Arion Group Corp ARGC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arion Group 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.

Arion Group's Current Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Current Ratio (A: Jan. 2023 )=Total Current Assets (A: Jan. 2023 )/Total Current Liabilities (A: Jan. 2023 )
=0.034/0.26
=0.13

Arion Group's Current Ratio for the quarter that ended in Oct. 2023 is calculated as

Current Ratio (Q: Oct. 2023 )=Total Current Assets (Q: Oct. 2023 )/Total Current Liabilities (Q: Oct. 2023 )
=0.133/0.396
=0.34

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.34 mean?
Arion Group (ARGC) has a Current Ratio of 0.34 as of Oct. 2023.
Is Arion Group's Current Ratio too high?
Arion Group's current Current Ratio is 0.34. The Diversified Financial Services industry median Current Ratio is 3.10. Arion Group's value of 0.34 is 89% below this industry median. Overall, Arion Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Arion Group's Current Ratio compare to competitors?
Arion Group's Current Ratio of 0.34 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 3.10. Arion Group's value of 0.34 is 89% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.10, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arion Group's current Current Ratio of 0.34 is 89% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Diversified Financial Services industry, the median Current Ratio is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arion Group's current Current Ratio is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arion Group stock overvalued right now?
Arion Group (ARGC) has a current Current Ratio of 0.34. The current Current Ratio is 0.34 and 89% below the Diversified Financial Services industry median of 3.10. Arion Group's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Arion Group (ARGC), the current Current Ratio is 0.34 as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arion Group Business Description

Address 11268 Rush Street, South El Monte, CA, USA, 91733
Arion Group Corp is currently a start-up company exploring various manufacturing and distribution business opportunities in the dietary ingredient and nutritional supplement industry.
39GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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