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International Market Centers (International Market Centers) Current Ratio : 2.51 (As of Dec. 2014)


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What is International Market Centers 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. International Market Centers's current ratio for the quarter that ended in Dec. 2014 was 2.51.

International Market Centers has a current ratio of 2.51. It generally indicates good short-term financial strength.

The historical rank and industry rank for International Market Centers's Current Ratio or its related term are showing as below:

IMC's Current Ratio is not ranked *
in the REITs industry.
Industry Median: 1.02
* Ranked among companies with meaningful Current Ratio only.

International Market Centers Current Ratio Historical Data

The historical data trend for International Market Centers'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.

International Market Centers Current Ratio Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Current Ratio
3.64 3.21 2.51

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Current Ratio 3.64 3.21 2.51

Competitive Comparison of International Market Centers's Current Ratio

For the REIT - Retail subindustry, International Market Centers'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.


International Market Centers's Current Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, International Market Centers's Current Ratio distribution charts can be found below:

* The bar in red indicates where International Market Centers's Current Ratio falls into.



International Market Centers 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.

International Market Centers's Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )=Total Current Assets (A: Dec. 2014 )/Total Current Liabilities (A: Dec. 2014 )
=68.745/27.349
=2.51

International Market Centers's Current Ratio for the quarter that ended in Dec. 2014 is calculated as

Current Ratio (Q: Dec. 2014 )=Total Current Assets (Q: Dec. 2014 )/Total Current Liabilities (Q: Dec. 2014 )
=68.745/27.349
=2.51

* 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.


International Market Centers  (NYSE:IMC) 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.


International Market Centers Current Ratio Related Terms

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International Market Centers (International Market Centers) Business Description

Traded in Other Exchanges
N/A
Address
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.

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