What is Associated British Engineering Current Ratio?
Associated British EngineeringLSE:ASBE 34 Current Ratio is 8.81 as of Mar. 2026, which is 29% above its 10-year median of 6.84. GuruFocus rates LSE:ASBE with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 690 Capital Markets companies, Associated British Engineering ranks better than 75.36% on this metric.
Associated British Engineering has a current ratio of 8.81. 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 Associated British Engineering's Current Ratio or its related term are showing as below:
LSE:ASBE'
s Current Ratio Range Over the Past 10 Years
Min: 0.29 Med: 6.84 Max: 14.03
Current: 8.81
During the past 13 years, Associated British Engineering's highest Current Ratio was 14.03. The lowest was 0.29. And the median was 6.84.
LSE:ASBE's Current Ratio is ranked better than 75.36% of 690
companies
in the Capital Markets industry
Industry Median: 2.35
vs LSE:ASBE: 8.81
Associated British Engineering (LSE:ASBE) 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.
Associated British Engineering Current Ratio Related Terms
Associated British Engineering 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.
Associated British Engineering Current Ratio Chart
LSE:ASBE vs MS, GS, SCHW: Current Ratio Comparison
For the Capital Markets subindustry, Associated British Engineering'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.
Associated British Engineering Current Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Associated British Engineering's Current Ratio distribution charts can be found below:
* The bar in red indicates where Associated British Engineering'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.
Associated British Engineering (LSE:ASBE) has a Current Ratio of 8.81 as of Mar. 2026. This is 29% above median its historical median of 6.84. Over the past decade, Associated British Engineering's Current Ratio has ranged from 0.29 to 14.03. According to the industry distribution chart, Associated British Engineering ranks #170 out of 690 companies in the Capital Markets industry, placing it in the top 24.6%.
Is Associated British Engineering's Current Ratio too high?
Associated British Engineering's current Current Ratio of 8.81 is 29% above median its 10-year median of 6.84. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 14.03. The Capital Markets industry median Current Ratio is 2.35. Associated British Engineering's value of 8.81 is 274.9% above this industry median. Based on the distribution chart, Associated British Engineering ranks #170 out of 690 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Associated British Engineering has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Associated British Engineering's Current Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Associated British Engineering ranks #170 out of 690 companies for Current Ratio. This places Associated British Engineering in the top 25% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.35. Associated British Engineering's value of 8.81 is 274.9% above this benchmark. Historically, Associated British Engineering's own Current Ratio has ranged from 0.29 to 14.03 over the past decade. While the company's 10-year median is 6.84 vs. the industry median of 2.35, Associated British Engineering has consistently been above 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 Capital Markets company?
The median Current Ratio among Capital Markets companies is 2.35, based on 690 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. Associated British Engineering's current Current Ratio of 8.81 is 274.9% 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 Capital Markets industry, the median Current Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated British Engineering's current Current Ratio is 8.81, which is 29% above median its own 10-year median of 6.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated British Engineering stock overvalued right now?
Associated British Engineering (LSE:ASBE) has a current Current Ratio of 8.81. The current Current Ratio is 8.81, which is 29% above median its 10-year median of 6.84 and 274.9% above the Capital Markets industry median of 2.35. Associated British Engineering's overall GF Score™ is 34/100 with 2 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 Associated British Engineering (LSE:ASBE), the current Current Ratio is 8.81 as of Mar. 2026. 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.
Associated British Engineering Business Description
Associated British Engineering Plc is a United Kingdom-based holding company. The Company's segments include Associated British Engineering Plc and Akoris Trading Limited. Akoris Trading Limited, its subsidiary, is a commodity and natural resource trading, finance, and investment company. Its operations are located in the United Kingdom.
34GF Score
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