BSP:MILS3'
s Current Ratio Range Over the Past 10 Years
Min: 1.17 Med: 2.42 Max: 4.4
Current: 2.21
During the past 13 years, Mills Locacao Servicos e Logistica's highest Current Ratio was 4.40. The lowest was 1.17. And the median was 2.42.
BSP:MILS3's Current Ratio is ranked better than 61.08% of 1092
companies
in the Business Services industry
Industry Median: 1.81
vs BSP:MILS3: 2.21
Mills Locacao Servicos e Logistica (BSP:MILS3) 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.
Mills Locacao Servicos e Logistica Current Ratio Related Terms
Mills Locacao Servicos e Logistica 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.
Mills Locacao Servicos e Logistica Current Ratio Chart
BSP:MILS3 vs URI, SUNB, AER: Current Ratio Comparison
For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica'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.
Mills Locacao Servicos e Logistica Current Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mills Locacao Servicos e Logistica's Current Ratio falls into.
* 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.
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Current Ratio of 2.21 as of Mar. 2026. This is near median its historical median of 2.42. Over the past decade, Mills Locacao Servicos e Logistica's Current Ratio has ranged from 1.17 to 4.40. According to the industry distribution chart, Mills Locacao Servicos e Logistica ranks #425 out of 1092 companies in the Business Services industry, placing it in the top 38.9%.
Is Mills Locacao Servicos e Logistica's Current Ratio too high?
Mills Locacao Servicos e Logistica's current Current Ratio of 2.21 is near median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 4.40. The Business Services industry median Current Ratio is 1.81. Mills Locacao Servicos e Logistica's value of 2.21 is 22.1% above this industry median. Based on the distribution chart, Mills Locacao Servicos e Logistica ranks #425 out of 1092 companies in the Business Services industry, which is above the industry midpoint. Overall, Mills Locacao Servicos e Logistica has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mills Locacao Servicos e Logistica's Current Ratio compare to URI and SUNB?
According to the Business Services industry distribution chart, Mills Locacao Servicos e Logistica ranks #425 out of 1092 companies for Current Ratio. This puts Mills Locacao Servicos e Logistica in the upper half of its industry. The industry median Current Ratio is 1.81. Mills Locacao Servicos e Logistica's value of 2.21 is 22.1% above this benchmark. Historically, Mills Locacao Servicos e Logistica's own Current Ratio has ranged from 1.17 to 4.40 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 1.81, Mills Locacao Servicos e Logistica has consistently been above the industry average. 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 Business Services company?
The median Current Ratio among Business Services companies is 1.81, based on 1,092 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. Mills Locacao Servicos e Logistica's current Current Ratio of 2.21 is 22.1% 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 Business Services industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mills Locacao Servicos e Logistica's current Current Ratio is 2.21, which is near median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mills Locacao Servicos e Logistica stock overvalued right now?
Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica (BSP:MILS3) is currently considered Fairly Valued. The stock's GF Value™ is R$15.25, compared to a current price of R$15.49 — trading 1.6% above its estimated fair value. The current Current Ratio is 2.21, which is near median its 10-year median of 2.42 and 22.1% above the Business Services industry median of 1.81. Mills Locacao Servicos e Logistica's overall GF Score™ is 89/100 with 5 warning signs to review. 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 Mills Locacao Servicos e Logistica (BSP:MILS3), the current Current Ratio is 2.21 as of Mar. 2026. 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.
Is Mills Locacao Servicos e Logistica (BSP:MILS3) Overvalued in 2026?
Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica stock appears to be overvalued.
The current stock price of R$15.49 is trading 1.6% above its estimated GF Value™ of R$15.25.
GuruFocus considers Mills Locacao Servicos e Logistica to be Fairly Valued.
Key valuation signals for BSP:MILS3:
Current Ratio: 2.21 (near median its 10-year median of 2.42)
GF Value™: R$15.25 vs. price of R$15.49 (1.6% above fair value)
Industry Position: 22.1% above the Business Services median (#425 of 1092)
No single metric tells the full story. See the BSP:MILS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mills Locacao Servicos e Logistica Business Description
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Formwork and Shoring segment and Rental segment, and the majority of the revenue derives from the Rental business segment.
89GF Score
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