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Nutrition Management Services Co (Nutrition Management Services Co) Current Ratio : 1.35 (As of Sep. 2009)


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What is Nutrition Management Services Co 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. Nutrition Management Services Co's current ratio for the quarter that ended in Sep. 2009 was 1.35.

Nutrition Management Services Co has a current ratio of 1.35. It generally indicates good short-term financial strength.

The historical rank and industry rank for Nutrition Management Services Co's Current Ratio or its related term are showing as below:

NMSCA's Current Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.37
* Ranked among companies with meaningful Current Ratio only.

Nutrition Management Services Co Current Ratio Historical Data

The historical data trend for Nutrition Management Services Co'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.

Nutrition Management Services Co Current Ratio Chart

Nutrition Management Services Co Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.19 0.52 1.30 1.39

Nutrition Management Services Co Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 1.27 1.27 1.28 1.39 1.35

Competitive Comparison of Nutrition Management Services Co's Current Ratio

For the Medical Care Facilities subindustry, Nutrition Management Services Co'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.


Nutrition Management Services Co's Current Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nutrition Management Services Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nutrition Management Services Co's Current Ratio falls into.



Nutrition Management Services Co 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.

Nutrition Management Services Co's Current Ratio for the fiscal year that ended in Jun. 2009 is calculated as

Current Ratio (A: Jun. 2009 )=Total Current Assets (A: Jun. 2009 )/Total Current Liabilities (A: Jun. 2009 )
=9.297/6.687
=1.39

Nutrition Management Services Co's Current Ratio for the quarter that ended in Sep. 2009 is calculated as

Current Ratio (Q: Sep. 2009 )=Total Current Assets (Q: Sep. 2009 )/Total Current Liabilities (Q: Sep. 2009 )
=9.981/7.413
=1.35

* 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.


Nutrition Management Services Co  (OTCPK:NMSCA) 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.


Nutrition Management Services Co Current Ratio Related Terms

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Nutrition Management Services Co (Nutrition Management Services Co) Business Description

Traded in Other Exchanges
N/A
Address
2071 Kimberton Road, Kimberton, PA, USA, 19442
Nutrition Management Services Co is a provider of food and facilities management services to the healthcare and retirement community industry such as Nursing Care Centers, Senior Living Communities, Acute Care Hospitals and Rehabilitation Centers and Private Education Sector.

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