DT.Eigenheim Union INH ON (FRA:JZ60) Current Ratio: 0.34 (As of Jun. 2024)


What is DT.Eigenheim Union INH ON Current Ratio?

DT.Eigenheim Union INH ON FRA:JZ60 Current Ratio is 0.34 as of Jun. 2024.

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. DT.Eigenheim Union INH ON's current ratio for the quarter that ended in Jun. 2024 was 0.34.

DT.Eigenheim Union INH ON has a current ratio of 0.34. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If DT.Eigenheim Union INH ON 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 DT.Eigenheim Union INH ON's Current Ratio or its related term are showing as below:

FRA:JZ60's Current Ratio is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 2.47
* Ranked among companies with meaningful Current Ratio only.

DT.Eigenheim Union INH ON  (FRA:JZ60) 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.


DT.Eigenheim Union INH ON Current Ratio Related Terms


DT.Eigenheim Union INH ON Current Ratio Historical Data

* Premium members only.

The historical data trend for DT.Eigenheim Union INH ON'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.

DT.Eigenheim Union INH ON Current Ratio Chart

DT.Eigenheim Union INH ON Annual Data
Trend Dec21 Dec22 Dec23
Current Ratio
0.85 1.07 0.27

DT.Eigenheim Union INH ON Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Current Ratio Get a 7-Day Free Trial 0.80 1.07 0.87 0.27 0.34

FRA:JZ60 vs DHI, LEN, PHM: Current Ratio Comparison

For the Residential Construction subindustry, DT.Eigenheim Union INH ON'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.


DT.Eigenheim Union INH ON Current Ratio vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, DT.Eigenheim Union INH ON's Current Ratio distribution charts can be found below:

* The bar in red indicates where DT.Eigenheim Union INH ON's Current Ratio falls into.



DT.Eigenheim Union INH ON 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.

DT.Eigenheim Union INH ON'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 )
=1.657/6.175
=0.27

DT.Eigenheim Union INH ON's Current Ratio for the quarter that ended in Jun. 2024 is calculated as

Current Ratio (Q: Jun. 2024 )=Total Current Assets (Q: Jun. 2024 )/Total Current Liabilities (Q: Jun. 2024 )
=1.877/5.448
=0.34

* 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 0.34 mean?
DT.Eigenheim Union INH ON (FRA:JZ60) has a Current Ratio of 0.34 as of Jun. 2024.
Is DT.Eigenheim Union INH ON's Current Ratio too high?
DT.Eigenheim Union INH ON's current Current Ratio is 0.34. The Homebuilding & Construction industry median Current Ratio is 2.47. DT.Eigenheim Union INH ON's value of 0.34 is 86.2% below this industry median.
How does DT.Eigenheim Union INH ON's Current Ratio compare to DHI and LEN?
DT.Eigenheim Union INH ON's Current Ratio of 0.34 can be compared against companies in the Homebuilding & Construction industry. The industry median Current Ratio is 2.47. DT.Eigenheim Union INH ON's value of 0.34 is 86.2% 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 Homebuilding & Construction company?
The median Current Ratio among Homebuilding & Construction companies is 2.47, based on 94 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. DT.Eigenheim Union INH ON's current Current Ratio of 0.34 is 86.2% 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 Homebuilding & Construction industry, the median Current Ratio is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DT.Eigenheim Union INH ON's current Current Ratio is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DT.Eigenheim Union INH ON stock overvalued right now?
DT.Eigenheim Union INH ON (FRA:JZ60) has a current Current Ratio of 0.34. The current Current Ratio is 0.34 and 86.2% below the Homebuilding & Construction industry median of 2.47. 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 DT.Eigenheim Union INH ON (FRA:JZ60), the current Current Ratio is 0.34 as of Jun. 2024. 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.

DT.Eigenheim Union INH ON Business Description

Address Ringbahnstr. 16-20, Berlin, DEU, 12099
Die Eigenheim Union 1898 Beteiligungs AG provides real estate investment services, connecting investors with residential and commercial property projects. Its activities include facilitating investments and supporting asset management across selected properties and locations.