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UniCap Investment And FinanceKC (KUW:UNICAP) Current Ratio : 15.72 (As of Aug. 2024)


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What is UniCap Investment And FinanceKC 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. UniCap Investment And FinanceKC's current ratio for the quarter that ended in Aug. 2024 was 15.72.

UniCap Investment And FinanceKC has a current ratio of 15.72. 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 UniCap Investment And FinanceKC's Current Ratio or its related term are showing as below:

KUW:UNICAP' s Current Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.08   Max: 15.72
Current: 15.72

During the past 13 years, UniCap Investment And FinanceKC's highest Current Ratio was 15.72. The lowest was 0.31. And the median was 1.08.

KUW:UNICAP's Current Ratio is ranked better than
66.95% of 475 companies
in the Diversified Financial Services industry
Industry Median: 1.78 vs KUW:UNICAP: 15.72

UniCap Investment And FinanceKC Current Ratio Historical Data

The historical data trend for UniCap Investment And FinanceKC'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.

UniCap Investment And FinanceKC Current Ratio Chart

UniCap Investment And FinanceKC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Aug23 Aug24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.05 2.57 6.88 15.72

UniCap Investment And FinanceKC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 6.88 1.01 11.77 12.59 15.72

Competitive Comparison of UniCap Investment And FinanceKC's Current Ratio

For the Financial Conglomerates subindustry, UniCap Investment And FinanceKC'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.


UniCap Investment And FinanceKC's Current Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, UniCap Investment And FinanceKC's Current Ratio distribution charts can be found below:

* The bar in red indicates where UniCap Investment And FinanceKC's Current Ratio falls into.



UniCap Investment And FinanceKC 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.

UniCap Investment And FinanceKC's Current Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Current Ratio (A: Aug. 2024 )=Total Current Assets (A: Aug. 2024 )/Total Current Liabilities (A: Aug. 2024 )
=31.563/2.008
=15.72

UniCap Investment And FinanceKC's Current Ratio for the quarter that ended in Aug. 2024 is calculated as

Current Ratio (Q: Aug. 2024 )=Total Current Assets (Q: Aug. 2024 )/Total Current Liabilities (Q: Aug. 2024 )
=31.563/2.008
=15.72

* 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.


UniCap Investment And FinanceKC  (KUW:UNICAP) 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.


UniCap Investment And FinanceKC Current Ratio Related Terms

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UniCap Investment And FinanceKC Business Description

Traded in Other Exchanges
N/A
Address
Omar Bin Al-Khattab Street, Kuwait Business Tower (KBT) - 10th Floor, P.O. Box 2290, Sharq, Murgab - Block 3, Kuwait, KWT, 13021
UniCap Investment And Finance SAKC is an investment holding company. The company's operating segments include Financing; Investment; Real estate and Education. It generates maximum revenue from the Education segment. The Education segment includes operating and managing schools. Its Financing segment provides a range of commercial and personal loans to customers. The Real estate segment includes trading, development, and management of properties owned by the group. Its Investment segment includes managing direct investments and investments in subsidiaries and associates.

UniCap Investment And FinanceKC Headlines

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