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Mansfelder Metals (Mansfelder Metals) Current Ratio : 0.60 (As of Sep. 2007)


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What is Mansfelder Metals Current Ratio?

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. Mansfelder Metals's current ratio for the quarter that ended in Sep. 2007 was 0.60.

Mansfelder Metals has a current ratio of 0.60. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Mansfelder Metals 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 Mansfelder Metals's Current Ratio or its related term are showing as below:

MNSF's Current Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.01
* Ranked among companies with meaningful Current Ratio only.

Mansfelder Metals Current Ratio Historical Data

The historical data trend for Mansfelder Metals'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.

* Premium members only.

Mansfelder Metals Current Ratio Chart

Mansfelder Metals Annual Data
Trend Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Dec06
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 4.34 3.97 1.03 0.94

Mansfelder Metals Quarterly Data
Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 0.95 0.94 0.96 0.98 0.60

Competitive Comparison of Mansfelder Metals's Current Ratio

For the Aluminum subindustry, Mansfelder Metals'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.


Mansfelder Metals's Current Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mansfelder Metals's Current Ratio distribution charts can be found below:

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



Mansfelder Metals 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.

Mansfelder Metals's Current Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Current Ratio (A: Dec. 2006 )=Total Current Assets (A: Dec. 2006 )/Total Current Liabilities (A: Dec. 2006 )
=21.677/22.942
=0.94

Mansfelder Metals's Current Ratio for the quarter that ended in Sep. 2007 is calculated as

Current Ratio (Q: Sep. 2007 )=Total Current Assets (Q: Sep. 2007 )/Total Current Liabilities (Q: Sep. 2007 )
=18.461/30.852
=0.60

* 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.


Mansfelder Metals  (OTCPK:MNSF) 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.


Mansfelder Metals Current Ratio Related Terms

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Mansfelder Metals (Mansfelder Metals) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit 803, Dina House, Ruttonjee Centre 11 Duddell Street, Central, HKG, 200070
Website
Mansfelder Metals Ltd is engaged in manufacturing and trading of aluminum products.
Executives
Miller Lloyd I Iii 10 percent owner
Stefan Feuerstein officer: Chief Operating Officer BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000
Mfc Bancorp Ltd 10 percent owner ROOM 2103 SHANGHAI MART TOWER, 2299 YAN AN ROAD WEST, CHANGNING DISTRICT, SHANGHAI F4 200336
Gavin James R Iii director BAXTER INTERNATIONAL INC, ONE BAXTER PARKWAY, DEERFIELD IL 60015

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