Aspire Capital Holding For Financial Investments (CAI:ASPI) Current Ratio: 1.35 (As of Jun. 2021)

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CAI:ASPI Aspire Capital Holding For Financial Investments CAI:ASPI
8 GF Score
Price E£0.32
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What is Aspire Capital Holding For Financial Investments Current Ratio?

Aspire Capital Holding For Financial Investments CAI:ASPI -0.32% 8 Current Ratio is 1.35 as of Jun. 2021. GuruFocus rates CAI:ASPI with a GF Score™ of 8/100.

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. Aspire Capital Holding For Financial Investments's current ratio for the quarter that ended in Jun. 2021 was 1.35.

Aspire Capital Holding For Financial Investments has a current ratio of 1.35. It generally indicates good short-term financial strength.

The historical rank and industry rank for Aspire Capital Holding For Financial Investments's Current Ratio or its related term are showing as below:

CAI:ASPI's Current Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 2.27
* Ranked among companies with meaningful Current Ratio only.

Aspire Capital Holding For Financial Investments  (CAI:ASPI) 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.


Aspire Capital Holding For Financial Investments Current Ratio Related Terms


Aspire Capital Holding For Financial Investments Current Ratio Historical Data

* Premium members only.

The historical data trend for Aspire Capital Holding For Financial Investments'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.

Aspire Capital Holding For Financial Investments Current Ratio Chart

Aspire Capital Holding For Financial Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 2.61 1.00 1.44 1.41

Aspire Capital Holding For Financial Investments Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 1.47 1.42 1.41 1.33 1.35

CAI:ASPI vs MS, SCHW, GS: Current Ratio Comparison

For the Capital Markets subindustry, Aspire Capital Holding For Financial Investments'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.


Aspire Capital Holding For Financial Investments Current Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Aspire Capital Holding For Financial Investments's Current Ratio distribution charts can be found below:

* The bar in red indicates where Aspire Capital Holding For Financial Investments's Current Ratio falls into.


CAI:ASPI
8GF Score
Aspire Capital Holding For Financial Investments CAI:ASPI
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspire Capital Holding For Financial Investments 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.

Aspire Capital Holding For Financial Investments's Current Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Current Ratio (A: Dec. 2020 )=Total Current Assets (A: Dec. 2020 )/Total Current Liabilities (A: Dec. 2020 )
=9870.548/6998.044
=1.41

Aspire Capital Holding For Financial Investments's Current Ratio for the quarter that ended in Jun. 2021 is calculated as

Current Ratio (Q: Jun. 2021 )=Total Current Assets (Q: Jun. 2021 )/Total Current Liabilities (Q: Jun. 2021 )
=11075.602/8232.938
=1.35

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.35 mean?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a Current Ratio of 1.35 as of Jun. 2021.
Is Aspire Capital Holding For Financial Investments' Current Ratio too high?
Aspire Capital Holding For Financial Investments' current Current Ratio is 1.35. The Capital Markets industry median Current Ratio is 2.27. Aspire Capital Holding For Financial Investments' value of 1.35 is 40.5% below this industry median. Overall, Aspire Capital Holding For Financial Investments has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aspire Capital Holding For Financial Investments' Current Ratio compare to MS and SCHW?
Aspire Capital Holding For Financial Investments' Current Ratio of 1.35 can be compared against companies in the Capital Markets industry. The industry median Current Ratio is 2.27. Aspire Capital Holding For Financial Investments' value of 1.35 is 40.5% below 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 a Capital Markets company?
The median Current Ratio among Capital Markets companies is 2.27, based on 690 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. Aspire Capital Holding For Financial Investments's current Current Ratio of 1.35 is 40.5% below 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 Capital Markets industry, the median Current Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspire Capital Holding For Financial Investments's current Current Ratio is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire Capital Holding For Financial Investments stock overvalued right now?
Aspire Capital Holding For Financial Investments (CAI:ASPI) has a current Current Ratio of 1.35. The current Current Ratio is 1.35 and 40.5% below the Capital Markets industry median of 2.27. Aspire Capital Holding For Financial Investments' overall GF Score™ is 8/100. 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 Aspire Capital Holding For Financial Investments (CAI:ASPI), the current Current Ratio is 1.35 as of Jun. 2021. 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.

Aspire Capital Holding For Financial Investments Business Description

Address Sheraton Al Matar, El Nozha, Cairo, EGY, 4923+HJQ
Aspire Capital Holding For Financial Investments provides financial services. It offers its services to both retail and institutional investors. It provides brokerage services covering public and private sectors in restructuring, mergers, issuing of equity and debt capital, and market research. It also provides portfolio management services and financial investment consulting and updates.
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Get the complete analysis for CAI:ASPI

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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