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. Vietnam Infrastructure's current ratio for the quarter that ended in Dec. 2016 was 1.00.
Vietnam Infrastructure has a current ratio of 1.00. It generally indicates good short-term financial strength.
The historical rank and industry rank for Vietnam Infrastructure's Current Ratio or its related term are showing as below:
LSE:VNI'
s Current Ratio Range Over the Past 10 Years
Min: 1 Med: 24.91 Max: 207.63
Current: 1
During the past 11 years, Vietnam Infrastructure's highest Current Ratio was 207.63. The lowest was 1.00. And the median was 24.91.
LSE:VNI's Current Ratio is not ranked
in the Asset Management industry.
Industry Median: 3.01
vs LSE:VNI: 1.00
Vietnam Infrastructure (LSE:VNI) 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.
Vietnam Infrastructure Current Ratio Related Terms
Vietnam Infrastructure 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.
LSE:VNI vs SSSS, ABDC, PIOE: Current Ratio Comparison
For the Asset Management subindustry, Vietnam Infrastructure'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.
Vietnam Infrastructure Current Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vietnam Infrastructure's Current Ratio distribution charts can be found below:
* The bar in red indicates where Vietnam Infrastructure'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.
Vietnam Infrastructure (LSE:VNI) has a Current Ratio of 1.00 as of Dec. 2016. This is 96% below median its historical median of 24.91. Over the past decade, Vietnam Infrastructure's Current Ratio has ranged from 1.00 to 207.63.
Is Vietnam Infrastructure's Current Ratio too high?
Vietnam Infrastructure's current Current Ratio of 1.00 is 96% below median its 10-year median of 24.91. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 207.63. The Asset Management industry median Current Ratio is 3.01. Vietnam Infrastructure's value of 1.00 is 66.8% below this industry median.
How does Vietnam Infrastructure's Current Ratio compare to SSSS and ABDC?
Vietnam Infrastructure's Current Ratio of 1.00 can be compared against companies in the Asset Management industry. The industry median Current Ratio is 3.01. Vietnam Infrastructure's value of 1.00 is 66.8% below this benchmark. Historically, Vietnam Infrastructure's own Current Ratio has ranged from 1.00 to 207.63 over the past decade. While the company's 10-year median is 24.91 vs. the industry median of 3.01, Vietnam Infrastructure 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 an Asset Management company?
The median Current Ratio among Asset Management companies is 3.01, based on 709 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. Vietnam Infrastructure's current Current Ratio of 1.00 is 66.8% 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 Asset Management industry, the median Current Ratio is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Infrastructure's current Current Ratio is 1.00, which is 96% below median its own 10-year median of 24.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Infrastructure stock overvalued right now?
Vietnam Infrastructure (LSE:VNI) has a current Current Ratio of 1.00. The current Current Ratio is 1.00, which is 96% below median its 10-year median of 24.91 and 66.8% below the Asset Management industry median of 3.01. 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 Vietnam Infrastructure (LSE:VNI), the current Current Ratio is 1.00 as of Dec. 2016. 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.
Vietnam Infrastructure Ltd is a closed-ended investment company. The company principally invests in a diversified portfolio of entities owning infrastructure projects and assets in Vietnam. It invests in infrastructure and infrastructure-related asset in Vietnam namely energy, transport, telecommunication, industrial parks and water and environmental utilities. The company's investment objective is to achieve medium to long-term capital appreciation and providing investment income through investments in listed and unlisted equity instruments, debt instruments, assets and other opportunities in Vietnam and other countries. It focuses on risk management to minimize potential adverse effects on company's financial performance.
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