Rosseti Lenenergo PJSC (MIC:LSNG) Current Ratio: 0.62 (As of Dec. 2023)


MIC:LSNG Rosseti Lenenergo PJSC MIC:LSNG
17 GF Score
Price ₽10.88
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What is Rosseti Lenenergo PJSC Current Ratio?

Rosseti Lenenergo PJSC MIC:LSNG -7.17% 17 Current Ratio is 0.62 as of Dec. 2023. GuruFocus rates MIC:LSNG with a GF Score™ of 17/100.

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. Rosseti Lenenergo PJSC's current ratio for the quarter that ended in Dec. 2023 was 0.62.

Rosseti Lenenergo PJSC has a current ratio of 0.62. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Rosseti Lenenergo PJSC has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Rosseti Lenenergo PJSC's Current Ratio or its related term are showing as below:

MIC:LSNG's Current Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.08
* Ranked among companies with meaningful Current Ratio only.

Rosseti Lenenergo PJSC  (MIC:LSNG) 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.


Rosseti Lenenergo PJSC Current Ratio Related Terms


Rosseti Lenenergo PJSC Current Ratio Historical Data

* Premium members only.

The historical data trend for Rosseti Lenenergo PJSC'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.

Rosseti Lenenergo PJSC Current Ratio Chart

Rosseti Lenenergo PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.27 0.37 0.44 0.62

Rosseti Lenenergo PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.37 0.35 0.44 0.44 0.62

MIC:LSNG vs NEE, SO, DUK: Current Ratio Comparison

For the Utilities - Regulated Electric subindustry, Rosseti Lenenergo PJSC'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.


Rosseti Lenenergo PJSC Current Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Lenenergo PJSC's Current Ratio distribution charts can be found below:

* The bar in red indicates where Rosseti Lenenergo PJSC's Current Ratio falls into.


MIC:LSNG
17GF Score
Rosseti Lenenergo PJSC MIC:LSNG
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rosseti Lenenergo PJSC 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.

Rosseti Lenenergo PJSC's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=35305.852/56568.746
=0.62

Rosseti Lenenergo PJSC's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=35305.852/56568.746
=0.62

* 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 0.62 mean?
Rosseti Lenenergo PJSC (MIC:LSNG) has a Current Ratio of 0.62 as of Dec. 2023.
Is Rosseti Lenenergo PJSC's Current Ratio too high?
Rosseti Lenenergo PJSC's current Current Ratio is 0.62. The Utilities - Regulated industry median Current Ratio is 1.08. Rosseti Lenenergo PJSC's value of 0.62 is 42.6% below this industry median. Overall, Rosseti Lenenergo PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Rosseti Lenenergo PJSC's Current Ratio compare to NEE and SO?
Rosseti Lenenergo PJSC's Current Ratio of 0.62 can be compared against companies in the Utilities - Regulated industry. The industry median Current Ratio is 1.08. Rosseti Lenenergo PJSC's value of 0.62 is 42.6% below this benchmark. 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 Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 508 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. Rosseti Lenenergo PJSC's current Current Ratio of 0.62 is 42.6% 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 Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti Lenenergo PJSC's current Current Ratio is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Lenenergo PJSC stock overvalued right now?
Rosseti Lenenergo PJSC (MIC:LSNG) has a current Current Ratio of 0.62. The current Current Ratio is 0.62 and 42.6% below the Utilities - Regulated industry median of 1.08. Rosseti Lenenergo PJSC's overall GF Score™ is 17/100. 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 Rosseti Lenenergo PJSC (MIC:LSNG), the current Current Ratio is 0.62 as of Dec. 2023. 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.

Rosseti Lenenergo PJSC Business Description

Address 1, Constitution Square, St Petersburg, RUS, 196247
Rosseti Lenenergo PJSC is a electricity distribution company in Russia. The company provides electricity over 110-0.4-kV networks and access for consumers to the electricity network in the Saint Petersburg and the Leningrad Region. It provides electricity transmission services and other services integral to the process of supplying electricity to consumers; and connects power receivers (power units) of businesses and individuals to the grid.
17GF Score

Get the complete analysis for MIC:LSNG

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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