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Nutrastar International (Nutrastar International) Current Ratio : 29.81 (As of Sep. 2015)


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What is Nutrastar International 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. Nutrastar International's current ratio for the quarter that ended in Sep. 2015 was 29.81.

Nutrastar International has a current ratio of 29.81. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Nutrastar International's Current Ratio or its related term are showing as below:

NUIN's Current Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.85
* Ranked among companies with meaningful Current Ratio only.

Nutrastar International Current Ratio Historical Data

The historical data trend for Nutrastar International'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.

Nutrastar International Current Ratio Chart

Nutrastar International Annual Data
Trend Jul05 Jul06 Jul07 Jul08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.12 12.86 15.15 20.72 26.06

Nutrastar International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 25.99 26.06 37.86 27.42 29.81

Competitive Comparison of Nutrastar International's Current Ratio

For the Drug Manufacturers - General subindustry, Nutrastar International'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.


Nutrastar International's Current Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Nutrastar International's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nutrastar International's Current Ratio falls into.



Nutrastar International 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.

Nutrastar International's Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )=Total Current Assets (A: Dec. 2014 )/Total Current Liabilities (A: Dec. 2014 )
=128.761/4.941
=26.06

Nutrastar International's Current Ratio for the quarter that ended in Sep. 2015 is calculated as

Current Ratio (Q: Sep. 2015 )=Total Current Assets (Q: Sep. 2015 )/Total Current Liabilities (Q: Sep. 2015 )
=141.041/4.731
=29.81

* 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.


Nutrastar International  (GREY:NUIN) 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.


Nutrastar International Current Ratio Related Terms

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Nutrastar International (Nutrastar International) Business Description

Traded in Other Exchanges
N/A
Address
Nutrastar International Inc produces and supplies traditional Chinese medicine consumer products. The business activity of the group is operated by Cordyceps Militaris, Beverages and Organic and specialty food products segments. The Cordyceps Militaris segment consists of the growing and sales of Cordyceps Militaris, which business is conducted through Daqing Shuaiyi. The beverages segment consists of the manufacturing of functional health beverages featuring the Cordyceps Militaris as a core ingredient. The organic and specialty food products segment consists of the sales of rice, flour, silage corn and other agricultural products. In addition, it is also a wholesale distributor of organic and specialty food. All the operations are carried out in China.

Nutrastar International (Nutrastar International) Headlines

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