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General Shopping e Outlets do Brasil (BSP:GSHP3) Current Ratio : 1.13 (As of Dec. 2024)


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What is General Shopping e Outlets do Brasil 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. General Shopping e Outlets do Brasil's current ratio for the quarter that ended in Dec. 2024 was 1.13.

General Shopping e Outlets do Brasil has a current ratio of 1.13. It generally indicates good short-term financial strength.

The historical rank and industry rank for General Shopping e Outlets do Brasil's Current Ratio or its related term are showing as below:

BSP:GSHP3' s Current Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.02   Max: 4.73
Current: 1.13

During the past 13 years, General Shopping e Outlets do Brasil's highest Current Ratio was 4.73. The lowest was 0.66. And the median was 1.02.

BSP:GSHP3's Current Ratio is not ranked
in the Real Estate industry.
Industry Median: 1.64 vs BSP:GSHP3: 1.13

General Shopping e Outlets do Brasil Current Ratio Historical Data

The historical data trend for General Shopping e Outlets do Brasil'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.

General Shopping e Outlets do Brasil Current Ratio Chart

General Shopping e Outlets do Brasil Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.18 0.91 1.49 1.13

General Shopping e Outlets do Brasil Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.49 1.16 0.97 1.27 1.13

Competitive Comparison of General Shopping e Outlets do Brasil's Current Ratio

For the Real Estate - Diversified subindustry, General Shopping e Outlets do Brasil'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.


General Shopping e Outlets do Brasil's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, General Shopping e Outlets do Brasil's Current Ratio distribution charts can be found below:

* The bar in red indicates where General Shopping e Outlets do Brasil's Current Ratio falls into.


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General Shopping e Outlets do Brasil 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.

General Shopping e Outlets do Brasil's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=218.528/193.542
=1.13

General Shopping e Outlets do Brasil's Current Ratio for the quarter that ended in Dec. 2024 is calculated as

Current Ratio (Q: Dec. 2024 )=Total Current Assets (Q: Dec. 2024 )/Total Current Liabilities (Q: Dec. 2024 )
=218.528/193.542
=1.13

* 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.


General Shopping e Outlets do Brasil  (BSP:GSHP3) 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.


General Shopping e Outlets do Brasil Current Ratio Related Terms

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General Shopping e Outlets do Brasil Business Description

Traded in Other Exchanges
N/A
Address
Avenida Angelica 2466, Suite 241, 24th Floor, Sao Paulo, SP, BRA
General Shopping e Outlets do Brasil SA is engaged in the planning and management of shopping centers, leasing commercial stores, leasing advertising and promotional space, managing shopping center and parking lots, and planning and leasing of electrical and water supply equipment at the developments. It operates through two segments. The Rent segment refers to the lease of space to tenants and other commercial spaces such as sales stand for publicity and promotion, exploitation of parking lots, and fees concerning the transfer of rights to use property spaces. The Services segment relates to the management of energy and power supply of shopping malls as well as the exploitation of parking lots. The company makes the majority of its revenue from the Services segment.

General Shopping e Outlets do Brasil Headlines

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