Territorial Generating Co No 1 PJSC (MIC:TGKA) Current Ratio: 1.12 (As of Sep. 2023)


What is Territorial Generating Co No 1 PJSC Current Ratio?

Territorial Generating Co No 1 PJSC MIC:TGKA +6.86% Current Ratio is 1.12 as of Sep. 2023.

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. Territorial Generating Co No 1 PJSC's current ratio for the quarter that ended in Sep. 2023 was 1.12.

Territorial Generating Co No 1 PJSC has a current ratio of 1.12. It generally indicates good short-term financial strength.

The historical rank and industry rank for Territorial Generating Co No 1 PJSC's Current Ratio or its related term are showing as below:

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

Territorial Generating Co No 1 PJSC  (MIC:TGKA) 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.

Territorial Generating Co No 1 PJSC Current Ratio Related Terms

Territorial Generating Co No 1 PJSC Current Ratio Historical Data

* Premium members only.

The historical data trend for Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC Current Ratio Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.32 1.02 1.33 1.63

Territorial Generating Co No 1 PJSC Quarterly Data
Jun17 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 2.02 0.00 0.00 1.13 1.12

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

For the Utilities - Regulated Electric subindustry, Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC Current Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Territorial Generating Co No 1 PJSC's Current Ratio distribution charts can be found below:

* The bar in red indicates where Territorial Generating Co No 1 PJSC's Current Ratio falls into.


Territorial Generating Co No 1 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.

Territorial Generating Co No 1 PJSC's Current Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Current Ratio (A: Dec. 2021 )=Total Current Assets (A: Dec. 2021 )/Total Current Liabilities (A: Dec. 2021 )
=33432/20494
=1.63

Territorial Generating Co No 1 PJSC's Current Ratio for the quarter that ended in Sep. 2023 is calculated as

Current Ratio (Q: Sep. 2023 )=Total Current Assets (Q: Sep. 2023 )/Total Current Liabilities (Q: Sep. 2023 )
=25447/22792
=1.12

* 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 1.12 mean?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a Current Ratio of 1.12 as of Sep. 2023.
Is Territorial Generating Co No 1 PJSC's Current Ratio too high?
Territorial Generating Co No 1 PJSC's current Current Ratio is 1.12. The Utilities - Regulated industry median Current Ratio is 1.08. Territorial Generating Co No 1 PJSC's value of 1.12 is 3.7% above this industry median.
How does Territorial Generating Co No 1 PJSC's Current Ratio compare to NEE and SO?
Territorial Generating Co No 1 PJSC's Current Ratio of 1.12 can be compared against companies in the Utilities - Regulated industry. The industry median Current Ratio is 1.08. Territorial Generating Co No 1 PJSC's value of 1.12 is 3.7% above 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 510 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. Territorial Generating Co No 1 PJSC's current Current Ratio of 1.12 is 3.7% 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 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. Territorial Generating Co No 1 PJSC's current Current Ratio is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Territorial Generating Co No 1 PJSC stock overvalued right now?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a current Current Ratio of 1.12. The current Current Ratio is 1.12 and 3.7% above the Utilities - Regulated industry median of 1.08. 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 Territorial Generating Co No 1 PJSC (MIC:TGKA), the current Current Ratio is 1.12 as of Sep. 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.

Territorial Generating Co No 1 PJSC Business Description

Address 16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.