GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag (BUD:SUNDELL) » Definitions » Current Ratio

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag (BUD:SUNDELL) Current Ratio : 4.38 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag 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. SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's current ratio for the quarter that ended in Dec. 2023 was 4.38.

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag has a current ratio of 4.38. 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.

The historical rank and industry rank for SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's Current Ratio or its related term are showing as below:

BUD:SUNDELL' s Current Ratio Range Over the Past 10 Years
Min: 1.45   Med: 3.1   Max: 4.38
Current: 4.38

During the past 6 years, SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's highest Current Ratio was 4.38. The lowest was 1.45. And the median was 3.10.

BUD:SUNDELL's Current Ratio is not ranked
in the Homebuilding & Construction industry.
Industry Median: 2.4 vs BUD:SUNDELL: 4.38

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag Current Ratio Historical Data

The historical data trend for SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag'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.

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag Current Ratio Chart

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial 2.11 3.99 3.54 2.66 4.38

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.54 3.64 2.66 2.30 4.38

Competitive Comparison of SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's Current Ratio

For the Residential Construction subindustry, SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag'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.


SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's Current Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's Current Ratio distribution charts can be found below:

* The bar in red indicates where SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's Current Ratio falls into.



SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag 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.

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag'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 )
=37223.183/8501.527
=4.38

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag'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 )
=37223.183/8501.527
=4.38

* 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.


SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag  (BUD:SUNDELL) 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.


SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag Current Ratio Related Terms

Thank you for viewing the detailed overview of SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag (BUD:SUNDELL) Business Description

Traded in Other Exchanges
N/A
Address
Dessewffy utca 18-20. Ground floor, Budapest, HUN, 1066
SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag is engaged in the construction, sale, and rental of residential buildings, in the suburban areas of Budapest. Its projects include Paskal Garden, Paskal Rose, Nerium Park, and Lavender Residential Park among others.

SunDell Estate Nyilvanosan Mukodo Reszvenytarsasag (BUD:SUNDELL) Headlines

No Headlines