MISTRAL Media AG (FRA:SPZI) Current Ratio : 0.85 (As of Dec. 2015)

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What is MISTRAL Media AG 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. MISTRAL Media AG's current ratio for the quarter that ended in Dec. 2015 was 0.85.

MISTRAL Media AG has a current ratio of 0.85. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If MISTRAL Media AG 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 MISTRAL Media AG's Current Ratio or its related term are showing as below:

FRA:SPZI' s Current Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.57 Max: 1.33
Current: 0.93

During the past 9 years, MISTRAL Media AG's highest Current Ratio was 1.33. The lowest was 0.40. And the median was 0.57.

FRA:SPZI's Current Ratio is not ranked
in the Asset Management industry.
Industry Median: 2.975 vs FRA:SPZI: 0.93

MISTRAL Media AG Current Ratio Historical Data

The historical data trend for MISTRAL Media AG'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.

MISTRAL Media AG Current Ratio Chart

MISTRAL Media AG Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Current Ratio

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0.55

0.51

0.48

0.93

0.85

MISTRAL Media AG Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Current Ratio	Get a 7-Day Free Trial												0.48	0.40	0.93	0.93	0.85

Competitive Comparison of MISTRAL Media AG's Current Ratio

For the Asset Management subindustry, MISTRAL Media AG'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.

MISTRAL Media AG's Current Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MISTRAL Media AG's Current Ratio distribution charts can be found below:

* The bar in red indicates where MISTRAL Media AG's Current Ratio falls into.

MISTRAL Media AG 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.

MISTRAL Media AG's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )	=	Total Current Assets (A: Dec. 2015 )	/	Total Current Liabilities (A: Dec. 2015 )
	=	3.35	/	3.943
	=	0.85

MISTRAL Media AG's Current Ratio for the quarter that ended in Dec. 2015 is calculated as

Current Ratio (Q: Dec. 2015 )	=	Total Current Assets (Q: Dec. 2015 )	/	Total Current Liabilities (Q: Dec. 2015 )
	=	3.35	/	3.943
	=	0.85

MISTRAL Media AG (FRA:SPZI) 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.

MISTRAL Media AG Current Ratio Related Terms

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