MOLC (Molino CanuelasCIFIA) Current Ratio: 0.92 (As of Aug. 2017)


What is Molino CanuelasCIFIA Current Ratio?

Molino CanuelasCIFIA MOLC Current Ratio is 0.92 as of Aug. 2017.

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. Molino CanuelasCIFIA's current ratio for the quarter that ended in Aug. 2017 was 0.92.

Molino CanuelasCIFIA has a current ratio of 0.92. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Molino CanuelasCIFIA 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 Molino CanuelasCIFIA's Current Ratio or its related term are showing as below:

MOLC's Current Ratio is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Current Ratio only.

Molino CanuelasCIFIA  (NYSE:MOLC) 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.

Molino CanuelasCIFIA Current Ratio Related Terms

Molino CanuelasCIFIA Current Ratio Historical Data

* Premium members only.

The historical data trend for Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA Current Ratio Chart

Molino CanuelasCIFIA Annual Data
Trend Nov13 Nov14 Nov15 Nov16
Current Ratio
1.04 1.09 1.01 1.22

Molino CanuelasCIFIA Quarterly Data
Nov14 Nov15 May16 Aug16 Nov16 May17 Aug17
Current Ratio Get a 7-Day Free Trial 0.00 0.00 1.22 0.88 0.92

MOLC vs : Current Ratio Comparison

For the subindustry, Molino CanuelasCIFIA'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.

Molino CanuelasCIFIA Current Ratio vs Industry

For the industry and sector, Molino CanuelasCIFIA's Current Ratio distribution charts can be found below:

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


Molino CanuelasCIFIA 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.

Molino CanuelasCIFIA's Current Ratio for the fiscal year that ended in Nov. 2016 is calculated as

Current Ratio (A: Nov. 2016 )=Total Current Assets (A: Nov. 2016 )/Total Current Liabilities (A: Nov. 2016 )
=883.682/724.957
=1.22

Molino CanuelasCIFIA's Current Ratio for the quarter that ended in Aug. 2017 is calculated as

Current Ratio (Q: Aug. 2017 )=Total Current Assets (Q: Aug. 2017 )/Total Current Liabilities (Q: Aug. 2017 )
=839.879/908.507
=0.92

* 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 0.92 mean?
Molino CanuelasCIFIA (MOLC) has a Current Ratio of 0.92 as of Aug. 2017.
Is Molino CanuelasCIFIA's Current Ratio too high?
Molino CanuelasCIFIA's current Current Ratio is 0.92.
How does Molino CanuelasCIFIA's Current Ratio compare to ?
Molino CanuelasCIFIA's Current Ratio is 0.92. 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 a company?
A good Current Ratio depends on the industry context. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. Molino CanuelasCIFIA's current Current Ratio is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Molino CanuelasCIFIA stock overvalued right now?
Molino CanuelasCIFIA (MOLC) has a current Current Ratio of 0.92. The current Current Ratio is 0.92. 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 Molino CanuelasCIFIA (MOLC), the current Current Ratio is 0.92 as of Aug. 2017. 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.

Molino CanuelasCIFIA Business Description

Industry
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