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Intrakat Societe Anonyme Of Technical And Energy Projects (ATH:INKAT) Current Ratio : 1.01 (As of Dec. 2023)


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What is Intrakat Societe Anonyme Of Technical And Energy Projects 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. Intrakat Societe Anonyme Of Technical And Energy Projects's current ratio for the quarter that ended in Dec. 2023 was 1.01.

Intrakat Societe Anonyme Of Technical And Energy Projects has a current ratio of 1.01. It generally indicates good short-term financial strength.

The historical rank and industry rank for Intrakat Societe Anonyme Of Technical And Energy Projects's Current Ratio or its related term are showing as below:

ATH:INKAT' s Current Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.01   Max: 1.15
Current: 1.01

During the past 13 years, Intrakat Societe Anonyme Of Technical And Energy Projects's highest Current Ratio was 1.15. The lowest was 0.81. And the median was 1.01.

ATH:INKAT's Current Ratio is ranked worse than
84.41% of 1693 companies
in the Construction industry
Industry Median: 1.55 vs ATH:INKAT: 1.01

Intrakat Societe Anonyme Of Technical And Energy Projects Current Ratio Historical Data

The historical data trend for Intrakat Societe Anonyme Of Technical And Energy Projects'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.

Intrakat Societe Anonyme Of Technical And Energy Projects Current Ratio Chart

Intrakat Societe Anonyme Of Technical And Energy Projects Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.93 0.94 0.81 1.01

Intrakat Societe Anonyme Of Technical And Energy Projects Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.94 0.93 0.81 1.20 1.01

Competitive Comparison of Intrakat Societe Anonyme Of Technical And Energy Projects's Current Ratio

For the Engineering & Construction subindustry, Intrakat Societe Anonyme Of Technical And Energy Projects'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.


Intrakat Societe Anonyme Of Technical And Energy Projects's Current Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Intrakat Societe Anonyme Of Technical And Energy Projects's Current Ratio distribution charts can be found below:

* The bar in red indicates where Intrakat Societe Anonyme Of Technical And Energy Projects's Current Ratio falls into.



Intrakat Societe Anonyme Of Technical And Energy Projects 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.

Intrakat Societe Anonyme Of Technical And Energy Projects's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=1014.864/1004.561
=1.01

Intrakat Societe Anonyme Of Technical And Energy Projects's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=1014.864/1004.561
=1.01

* 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.


Intrakat Societe Anonyme Of Technical And Energy Projects  (ATH:INKAT) 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.


Intrakat Societe Anonyme Of Technical And Energy Projects Current Ratio Related Terms

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Intrakat Societe Anonyme Of Technical And Energy Projects (ATH:INKAT) Business Description

Traded in Other Exchanges
Address
19th km. Peania Markopoulo Avenue, Peania Attikis, GRC, 19002
Intrakat Societe Anonyme Of Technical And Energy Projects, formerly Intracom Constructions SA Techn & Steel Constructions undertakes construction and infrastructure projects in Greece. It is also engaged in the steel construction and telecommunication projects. The group operates in the business segments of Construction and Steel structures. In addition, it is also involved in the segment of Renewable energy sources. Its construction field includes infrastructure development, commercial and industrial construction. The organization is also focused on the construction of real estate projects and environmental projects. It undertakes projects such as office buildings, industrial buildings, hospitals, airport expansions, railway projects, hotels, and natural gas infrastructure projects.

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