Administradora de Fondos de Pensiones y Cesantia Proteccion has a current ratio of 11.52. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
BOG:PROTECCION's Current Ratio is not ranked *
in the Asset Management industry.
Industry Median: 3.015 * Ranked among companies with meaningful Current Ratio only.
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Current Ratio Related Terms
Administradora de Fondos de Pensiones y Cesantia Proteccion Current Ratio Historical Data
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Current Ratio Chart
Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Current Ratio vs Asset Management Industry
* 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a Current Ratio of 11.52 as of Jun. 2023.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion's Current Ratio too high?
Administradora de Fondos de Pensiones y Cesantia Proteccion's current Current Ratio is 11.52. The Asset Management industry median Current Ratio is 3.02. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 11.52 is 282.1% above this industry median. Overall, Administradora de Fondos de Pensiones y Cesantia Proteccion has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Administradora de Fondos de Pensiones y Cesantia Proteccion's Current Ratio compare to BLK and BX?
Administradora de Fondos de Pensiones y Cesantia Proteccion's Current Ratio of 11.52 can be compared against companies in the Asset Management industry. The industry median Current Ratio is 3.02. Administradora de Fondos de Pensiones y Cesantia Proteccion's value of 11.52 is 282.1% above 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 an Asset Management company?
The median Current Ratio among Asset Management companies is 3.02, based on 708 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. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Current Ratio of 11.52 is 282.1% above 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 Asset Management industry, the median Current Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Administradora de Fondos de Pensiones y Cesantia Proteccion's current Current Ratio is 11.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Administradora de Fondos de Pensiones y Cesantia Proteccion stock overvalued right now?
Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) has a current Current Ratio of 11.52. The current Current Ratio is 11.52 and 282.1% above the Asset Management industry median of 3.02. Administradora de Fondos de Pensiones y Cesantia Proteccion's overall GF Score™ is 12/100. 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 Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION), the current Current Ratio is 11.52 as of Jun. 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.
Administradora de Fondos de Pensiones y Cesantia Proteccion Business Description
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.
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