IST:GENKM's Current Ratio is ranked worse than 57.68% of 1614
companies
in the Chemicals industry
Industry Median: 1.89
vs IST:GENKM: 1.68
Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM) 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.
Gentas Kimyanayi ve Ticaret Pazarlama AS Current Ratio Related Terms
Gentas Kimyanayi ve Ticaret Pazarlama AS 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.
Gentas Kimyanayi ve Ticaret Pazarlama AS Current Ratio Chart
Gentas Kimyanayi ve Ticaret Pazarlama AS Annual Data
Trend
Dec22
Dec23
Dec24
Current Ratio
1.71
1.72
1.68
Gentas Kimyanayi ve Ticaret Pazarlama AS Semi-Annual Data
Dec22
Dec23
Dec24
Current Ratio
1.71
1.72
1.68
IST:GENKM vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Gentas Kimyanayi ve Ticaret Pazarlama AS'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.
Gentas Kimyanayi ve Ticaret Pazarlama AS Current Ratio vs Chemicals Industry
* 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.
Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM) has a Current Ratio of 1.68 as of Dec. 2024. This is near median its historical median of 1.71. Over the past decade, Gentas Kimyanayi ve Ticaret Pazarlama AS's Current Ratio has ranged from 1.68 to 1.72. According to the industry distribution chart, Gentas Kimyanayi ve Ticaret Pazarlama AS ranks #931 out of 1614 companies in the Chemicals industry, placing it in the top 57.7%.
Is Gentas Kimyanayi ve Ticaret Pazarlama AS's Current Ratio too high?
Gentas Kimyanayi ve Ticaret Pazarlama AS's current Current Ratio of 1.68 is near median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 1.72. The Chemicals industry median Current Ratio is 1.89. Gentas Kimyanayi ve Ticaret Pazarlama AS's value of 1.68 is 11.1% below this industry median. Based on the distribution chart, Gentas Kimyanayi ve Ticaret Pazarlama AS ranks #931 out of 1614 companies in the Chemicals industry, which is below the industry midpoint. Overall, Gentas Kimyanayi ve Ticaret Pazarlama AS has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Gentas Kimyanayi ve Ticaret Pazarlama AS's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Gentas Kimyanayi ve Ticaret Pazarlama AS ranks #931 out of 1614 companies for Current Ratio. This places Gentas Kimyanayi ve Ticaret Pazarlama AS in the lower half of its industry. The industry median Current Ratio is 1.89. Gentas Kimyanayi ve Ticaret Pazarlama AS's value of 1.68 is 11.1% below this benchmark. Historically, Gentas Kimyanayi ve Ticaret Pazarlama AS's own Current Ratio has ranged from 1.68 to 1.72 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.89, Gentas Kimyanayi ve Ticaret Pazarlama AS has consistently been below the industry average. 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,614 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. Gentas Kimyanayi ve Ticaret Pazarlama AS's current Current Ratio of 1.68 is 11.1% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gentas Kimyanayi ve Ticaret Pazarlama AS's current Current Ratio is 1.68, which is near median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gentas Kimyanayi ve Ticaret Pazarlama AS stock overvalued right now?
Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM) has a current Current Ratio of 1.68. The current Current Ratio is 1.68, which is near median its 10-year median of 1.71 and 11.1% below the Chemicals industry median of 1.89. Gentas Kimyanayi ve Ticaret Pazarlama AS's overall GF Score™ is 21/100 with 3 warning signs to review. 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 Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM), the current Current Ratio is 1.68 as of Dec. 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.
Gentas Kimyanayi ve Ticaret Pazarlama AS Business Description
Gentas Kimya Sanayi ve Ticaret Pazarlama AS is engaged in the production of formaldehyde-based resin and acrylic-based surface materials. Its products are Formaldehyde, Phenol Formaldehyde (Phenolic) Resins, Melamine Formaldehyde Resins, Melamine Urea Formaldehyde / Urea Formaldehyde Resins, Raw Materials, and Other Industrial Resins.
21GF Score
Get the complete analysis for IST:GENKM
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:GENKM has been successfully added to your 