National Investment Co (DAR:NICO) Current Ratio: 0.00 (As of . 20)


DAR:NICO National Investment Co Ltd DAR:NICO
36 GF Score
Price TZS3,600.00
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What is National Investment Co Current Ratio?

National Investment Co DAR:NICO +1.36% 36 Current Ratio is 0.00 as of . 20. GuruFocus rates DAR:NICO with a GF Score™ of 36/100. Among 706 Asset Management companies, National Investment Co ranks worse than 141642.92% on this metric.

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. National Investment Co's current ratio for the quarter that ended in . 20 was 0.00.

National Investment Co has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If National Investment Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for National Investment Co's Current Ratio or its related term are showing as below:

DAR:NICO's Current Ratio is not ranked *
in the Asset Management industry.
Industry Median: 3.005
* Ranked among companies with meaningful Current Ratio only.

National Investment Co  (DAR:NICO) 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.


National Investment Co Current Ratio Related Terms


National Investment Co Current Ratio Historical Data

* Premium members only.

The historical data trend for National Investment Co'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.

National Investment Co Current Ratio Chart

National Investment Co Annual Data
Trend
Current Ratio

National Investment Co Semi-Annual Data
Current Ratio

DAR:NICO vs : Current Ratio Comparison

For the Asset Management subindustry, National Investment Co'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.


National Investment Co Current Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, National Investment Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where National Investment Co's Current Ratio falls into.


DAR:NICO
36GF Score
National Investment Co Ltd DAR:NICO
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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National Investment Co 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.

National Investment Co's Current Ratio for the fiscal year that ended in . 20 is calculated as

Current Ratio (A: . 20 )=Total Current Assets (A: . 20 )/Total Current Liabilities (A: . 20 )
=/
=

National Investment Co's Current Ratio for the quarter that ended in . 20 is calculated as

Current Ratio (Q: . 20 )=Total Current Assets (Q: . 20 )/Total Current Liabilities (Q: . 20 )
=/
=

* 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 0.00 mean?
National Investment Co (DAR:NICO) has a Current Ratio of 0.00 as of . 20. According to the industry distribution chart, National Investment Co ranks #999999 out of 706 companies in the Asset Management industry.
Is National Investment Co's Current Ratio too high?
National Investment Co's current Current Ratio is 0.00. Based on the distribution chart, National Investment Co ranks #999999 out of 706 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, National Investment Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does National Investment Co's Current Ratio compare to ?
According to the Asset Management industry distribution chart, National Investment Co ranks #999999 out of 706 companies for Current Ratio. This places National Investment Co in the lower half of its industry. The industry median Current Ratio is 3.01. 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 3.01, based on 706 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. 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 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Investment Co's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Investment Co stock overvalued right now?
National Investment Co (DAR:NICO) has a current Current Ratio of 0.00. The current Current Ratio is 0.00. National Investment Co's overall GF Score™ is 36/100. 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 National Investment Co (DAR:NICO), the current Current Ratio is 0.00 as of . 20. 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.

National Investment Co Business Description

Comparable Companies
Address 50 Mirambo Street, P.O. Box 7465, Mirambo House, 3rd Floor, Dar es Salaam, TZA
National Investment Co Ltd acquires and manages businesses in manufacturing industries, financial services, telecommunication, agriculture, mining, and services sectors. The company through its subsidiaries is also engaged in custom slaughter.
36GF Score

Get the complete analysis for DAR:NICO

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

TZS3,600.00
Price