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Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Current Ratio : 0.83 (As of Mar. 2024)


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What is Sembcorplalah Power & Water CompanyOG 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. Sembcorplalah Power & Water CompanyOG's current ratio for the quarter that ended in Mar. 2024 was 0.83.

Sembcorplalah Power & Water CompanyOG has a current ratio of 0.83. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Sembcorplalah Power & Water CompanyOG 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 Sembcorplalah Power & Water CompanyOG's Current Ratio or its related term are showing as below:

MUS:SSPW' s Current Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.18   Max: 2.14
Current: 0.83

During the past 12 years, Sembcorplalah Power & Water CompanyOG's highest Current Ratio was 2.14. The lowest was 0.78. And the median was 1.18.

MUS:SSPW's Current Ratio is ranked worse than
75.51% of 437 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.35 vs MUS:SSPW: 0.83

Sembcorplalah Power & Water CompanyOG Current Ratio Historical Data

The historical data trend for Sembcorplalah Power & Water CompanyOG'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.

Sembcorplalah Power & Water CompanyOG Current Ratio Chart

Sembcorplalah Power & Water CompanyOG 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 1.05 0.97 0.94 0.97 1.01

Sembcorplalah Power & Water CompanyOG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.85 1.09 1.00 1.01 0.83

Competitive Comparison of Sembcorplalah Power & Water CompanyOG's Current Ratio

For the Utilities - Independent Power Producers subindustry, Sembcorplalah Power & Water CompanyOG'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.


Sembcorplalah Power & Water CompanyOG's Current Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sembcorplalah Power & Water CompanyOG's Current Ratio distribution charts can be found below:

* The bar in red indicates where Sembcorplalah Power & Water CompanyOG's Current Ratio falls into.



Sembcorplalah Power & Water CompanyOG 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.

Sembcorplalah Power & Water CompanyOG'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 )
=34.31/34.122
=1.01

Sembcorplalah Power & Water CompanyOG's Current Ratio for the quarter that ended in Mar. 2024 is calculated as

Current Ratio (Q: Mar. 2024 )=Total Current Assets (Q: Mar. 2024 )/Total Current Liabilities (Q: Mar. 2024 )
=33.154/40.12
=0.83

* 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.


Sembcorplalah Power & Water CompanyOG  (MUS:SSPW) 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.


Sembcorplalah Power & Water CompanyOG Current Ratio Related Terms

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Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 1466, Salalah, OMN, 211
Sembcorp Salalah Power & Water Company SAOG develops, owns, and operates an electricity generation and seawater desalination plant located between the towns of Taqah and Mirbat. The plant is in commercial operation and has a contracted power capacity of 445MW and a contracted water capacity of 15 MiGD. The plant meets the growing power and water demands of the region over the short, medium, and long term. The company generates its revenues pursuant to a 15-year term PWPA with Oman Power & Water Procurement Company. Under the terms of the PWPA, the plant's contracted power and water capacity are sold exclusively to OPWP on a long-term take-or-pay basis.

Sembcorplalah Power & Water CompanyOG (MUS:SSPW) Headlines

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