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Lithuanian Shipping Company PC 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 Lithuanian Shipping Company PC 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 Lithuanian Shipping Company PC's Current Ratio or its related term are showing as below:
OVSE:LJL1L'
s Current Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.26 Max: 0.83
Current: 0.83
During the past 8 years, Lithuanian Shipping Company PC's highest Current Ratio was 0.83. The lowest was 0.09. And the median was 0.26.
OVSE:LJL1L's Current Ratio is not ranked
in the Transportation industry.
Industry Median: 1.46
vs OVSE:LJL1L: 0.83
Lithuanian Shipping Company PC (OVSE:LJL1L) 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.
Lithuanian Shipping Company PC Current Ratio Related Terms
Lithuanian Shipping Company PC Current Ratio Historical Data
* 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.
Lithuanian Shipping Company PC Current Ratio Chart
OVSE:LJL1L vs PRGNF, TEUFF, BSTN: Current Ratio Comparison
For the Marine Shipping subindustry, Lithuanian Shipping Company PC'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.
Lithuanian Shipping Company PC Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Lithuanian Shipping Company PC's Current Ratio distribution charts can be found below:
* The bar in red indicates where Lithuanian Shipping Company PC's Current Ratio falls into.
* 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.
Lithuanian Shipping Company PC (OVSE:LJL1L) has a Current Ratio of 0.83 as of Sep. 2015. This is 219% above median its historical median of 0.26. Over the past decade, Lithuanian Shipping Company PC's Current Ratio has ranged from 0.09 to 0.83.
Is Lithuanian Shipping Company PC's Current Ratio too high?
Lithuanian Shipping Company PC's current Current Ratio of 0.83 is 219% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.83. The Transportation industry median Current Ratio is 1.46. Lithuanian Shipping Company PC's value of 0.83 is 43.2% below this industry median.
How does Lithuanian Shipping Company PC's Current Ratio compare to PRGNF and TEUFF?
Lithuanian Shipping Company PC's Current Ratio of 0.83 can be compared against companies in the Transportation industry. The industry median Current Ratio is 1.46. Lithuanian Shipping Company PC's value of 0.83 is 43.2% below this benchmark. Historically, Lithuanian Shipping Company PC's own Current Ratio has ranged from 0.09 to 0.83 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 1.46, Lithuanian Shipping Company PC has consistently been below the industry average. 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 Transportation company?
The median Current Ratio among Transportation companies is 1.46, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lithuanian Shipping Company PC's current Current Ratio of 0.83 is 43.2% below the industry median. 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. For the Transportation industry, the median Current Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lithuanian Shipping Company PC's current Current Ratio is 0.83, which is 219% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithuanian Shipping Company PC stock overvalued right now?
Lithuanian Shipping Company PC (OVSE:LJL1L) has a current Current Ratio of 0.83. The current Current Ratio is 0.83, which is 219% above median its 10-year median of 0.26 and 43.2% below the Transportation industry median of 1.46. 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 Lithuanian Shipping Company PC (OVSE:LJL1L), the current Current Ratio is 0.83 as of Sep. 2015. 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.
Lithuanian Shipping Company PC Business Description
Lietuvos juru laivininkyste is a shipping company. It is engaged in carrying bulk, timber, general and container cargoes by sea transport and leasing ships. The Company owns a fleet of cargo vessels as well as ferries for transportation of cargoes.
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