Glenwick (LSE:GWIK) Current Ratio: 15.05 (As of Dec. 2015) — 11477% Above Median

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What is Glenwick Current Ratio?

Glenwick LSE:GWIK Current Ratio is 15.05 as of Dec. 2015, which is 11477% above its 10-year median of 0.13. The stock has 4 warning signs investors should review.

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. Glenwick's current ratio for the quarter that ended in Dec. 2015 was 15.05.

Glenwick has a current ratio of 15.05. 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 Glenwick's Current Ratio or its related term are showing as below:

LSE:GWIK' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.13   Max: 123.95
Current: 36.83

During the past 10 years, Glenwick's highest Current Ratio was 123.95. The lowest was 0.07. And the median was 0.13.

LSE:GWIK's Current Ratio is not ranked
in the Asset Management industry.
Industry Median: 3.025 vs LSE:GWIK: 36.83

Glenwick  (LSE:GWIK) 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.


Glenwick Current Ratio Related Terms


Glenwick Current Ratio Historical Data

* Premium members only.

The historical data trend for Glenwick'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.

Glenwick Current Ratio Chart

Glenwick Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.11 2.41 7.11 15.05

Glenwick Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 3.57 7.11 123.95 15.05 36.83

Glenwick Current Ratio Competitor Comparison

For the Asset Management subindustry, Glenwick'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.


Glenwick Current Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Glenwick's Current Ratio distribution charts can be found below:

* The bar in red indicates where Glenwick's Current Ratio falls into.



Glenwick 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.

Glenwick's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )=Total Current Assets (A: Dec. 2015 )/Total Current Liabilities (A: Dec. 2015 )
=0.572/0.038
=15.05

Glenwick's Current Ratio for the quarter that ended in Dec. 2015 is calculated as

Current Ratio (Q: Dec. 2015 )=Total Current Assets (Q: Dec. 2015 )/Total Current Liabilities (Q: Dec. 2015 )
=0.572/0.038
=15.05

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 15.05 mean?
Glenwick (LSE:GWIK) has a Current Ratio of 15.05 as of Dec. 2015. This is 11477% above median its historical median of 0.13. Over the past decade, Glenwick's Current Ratio has ranged from 0.07 to 123.95.
Is Glenwick's Current Ratio too high?
Glenwick's current Current Ratio of 15.05 is 11477% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 123.95. The Asset Management industry median Current Ratio is 3.03. Glenwick's value of 15.05 is 397.5% above this industry median.
How does Glenwick's Current Ratio compare to competitors?
Glenwick's Current Ratio of 15.05 can be compared against companies in the Asset Management industry. The industry median Current Ratio is 3.03. Glenwick's value of 15.05 is 397.5% above this benchmark. Historically, Glenwick's own Current Ratio has ranged from 0.07 to 123.95 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 3.03, Glenwick 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 an Asset Management company?
The median Current Ratio among Asset Management companies is 3.03, based on 712 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. Glenwick's current Current Ratio of 15.05 is 397.5% 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 Asset Management industry, the median Current Ratio is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glenwick's current Current Ratio is 15.05, which is 11477% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glenwick stock overvalued right now?
Glenwick (LSE:GWIK) has a current Current Ratio of 15.05. The current Current Ratio is 15.05, which is 11477% above median its 10-year median of 0.13 and 397.5% above the Asset Management industry median of 3.03. 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 Glenwick (LSE:GWIK), the current Current Ratio is 15.05 as of Dec. 2015. 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.

Glenwick Business Description

Glenwick PLC, formerly known as Treveria PLC was incorporated on October 20, 2005. The Company changed its name to Glenwick Plc on December 1, 2015. The Company seek to acquire companies within the natural resources sector. Initially the geographical focus will be Australasia and North America.