FSCR (Federal Screw Works) Current Ratio: 4.16 (As of Dec. 2004)


What is Federal Screw Works Current Ratio?

Federal Screw Works FSCR -0.27% Current Ratio is 4.16 as of Dec. 2004.

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. Federal Screw Works's current ratio for the quarter that ended in Dec. 2004 was 4.16.

Federal Screw Works has a current ratio of 4.16. 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 Federal Screw Works's Current Ratio or its related term are showing as below:

FSCR's Current Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 1.96
* Ranked among companies with meaningful Current Ratio only.

Federal Screw Works  (OTCPK:FSCR) 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.


Federal Screw Works Current Ratio Related Terms


Federal Screw Works Current Ratio Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works Current Ratio Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 2.58 2.51 2.63 2.75

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 3.19 3.19 2.75 3.68 4.16

FSCR vs PAOS, PFIN: Current Ratio Comparison

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Current Ratio distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Current Ratio falls into.



Federal Screw Works 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.

Federal Screw Works's Current Ratio for the fiscal year that ended in Jun. 2004 is calculated as

Current Ratio (A: Jun. 2004 )=Total Current Assets (A: Jun. 2004 )/Total Current Liabilities (A: Jun. 2004 )
=32.719/11.882
=2.75

Federal Screw Works's Current Ratio for the quarter that ended in Dec. 2004 is calculated as

Current Ratio (Q: Dec. 2004 )=Total Current Assets (Q: Dec. 2004 )/Total Current Liabilities (Q: Dec. 2004 )
=33.75/8.116
=4.16

* 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 4.16 mean?
Federal Screw Works (FSCR) has a Current Ratio of 4.16 as of Dec. 2004.
Is Federal Screw Works' Current Ratio too high?
Federal Screw Works' current Current Ratio is 4.16. The Industrial Products industry median Current Ratio is 1.96. Federal Screw Works' value of 4.16 is 112.2% above this industry median.
How does Federal Screw Works' Current Ratio compare to PAOS and PFIN?
Federal Screw Works' Current Ratio of 4.16 can be compared against companies in the Industrial Products industry. The industry median Current Ratio is 1.96. Federal Screw Works' value of 4.16 is 112.2% above 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,081 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. Federal Screw Works's current Current Ratio of 4.16 is 112.2% above 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Screw Works's current Current Ratio is 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current Current Ratio of 4.16. The current Current Ratio is 4.16 and 112.2% above the Industrial Products industry median of 1.96. 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 Federal Screw Works (FSCR), the current Current Ratio is 4.16 as of Dec. 2004. 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.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.