Landsea Green Life Service Co has a current ratio of 0.86. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Landsea Green Life Service 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 Landsea Green Life Service Co's Current Ratio or its related term are showing as below:
HKSE:01965'
s Current Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.3 Max: 2.68
Current: 0.86
During the past 6 years, Landsea Green Life Service Co's highest Current Ratio was 2.68. The lowest was 0.86. And the median was 1.30.
HKSE:01965's Current Ratio is ranked worse than 80.68% of 1796
companies
in the Real Estate industry
Industry Median: 1.64
vs HKSE:01965: 0.86
Landsea Green Life Service Co Current Ratio Historical Data
* 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.
Competitive Comparison of Landsea Green Life Service Co's Current Ratio
For the Real Estate - Diversified subindustry, Landsea Green Life Service 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.
Landsea Green Life Service Co's Current Ratio Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Landsea Green Life Service Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Landsea Green Life Service Co's Current Ratio falls into.
* 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.
Landsea Green Life Service Co (HKSE:01965) 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.
Landsea Green Life Service Co Current Ratio Related Terms
Thank you for viewing the detailed overview of Landsea Green Life Service Co's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Landsea Green Life Service Co Business Description
Landsea Green Life Service Co Ltd is a China-based investment holding company that provides property management services. The company mainly operates through three sectors: property management services, non-owner value-added services, and community value-added services. Property management services include security, cleaning, gardening and landscaping, parking lot management, and daily maintenance and maintenance services. Value-added services for non-owners mainly include case services, pre-consultancy services, other pre-services, and the provision of property agency services. Community value-added services include home life services, public resource management services, and second-hand housing property agency services. Its properties include residential and non-residential properties.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01965 has been successfully added to your 