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Deltagen (Deltagen) Current Ratio : 11.39 (As of Jun. 2007)


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What is Deltagen 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. Deltagen's current ratio for the quarter that ended in Jun. 2007 was 11.39.

Deltagen has a current ratio of 11.39. 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 Deltagen's Current Ratio or its related term are showing as below:

DGEN's Current Ratio is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.66
* Ranked among companies with meaningful Current Ratio only.

Deltagen Current Ratio Historical Data

The historical data trend for Deltagen'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.

Deltagen Current Ratio Chart

Deltagen Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec05 Dec06
Current Ratio
Get a 7-Day Free Trial 9.13 4.13 0.77 2.58 10.22

Deltagen Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 8.54 12.25 10.22 17.11 11.39

Competitive Comparison of Deltagen's Current Ratio

For the Medical Instruments & Supplies subindustry, Deltagen'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.


Deltagen's Current Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Deltagen's Current Ratio distribution charts can be found below:

* The bar in red indicates where Deltagen's Current Ratio falls into.



Deltagen 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.

Deltagen's Current Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Current Ratio (A: Dec. 2006 )=Total Current Assets (A: Dec. 2006 )/Total Current Liabilities (A: Dec. 2006 )
=8.585/0.84
=10.22

Deltagen's Current Ratio for the quarter that ended in Jun. 2007 is calculated as

Current Ratio (Q: Jun. 2007 )=Total Current Assets (Q: Jun. 2007 )/Total Current Liabilities (Q: Jun. 2007 )
=5.581/0.49
=11.39

* 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.


Deltagen  (OTCPK:DGEN) 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.


Deltagen Current Ratio Related Terms

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Deltagen (Deltagen) Business Description

Traded in Other Exchanges
N/A
Address
1900 S. Norfolk Street, Suite 105, San Mateo, CA, USA, 94403
Deltagen Inc is a provider of drug discovery tools and services to the biopharmaceutical industry.

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