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RAFI (Regency Affiliates) Current Ratio : 17.95 (As of Sep. 2011)


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What is Regency Affiliates 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. Regency Affiliates's current ratio for the quarter that ended in Sep. 2011 was 17.95.

Regency Affiliates has a current ratio of 17.95. 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 Regency Affiliates's Current Ratio or its related term are showing as below:

RAFI's Current Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.99
* Ranked among companies with meaningful Current Ratio only.

Regency Affiliates Current Ratio Historical Data

The historical data trend for Regency Affiliates'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.

Regency Affiliates Current Ratio Chart

Regency Affiliates Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.60 26.48 3.24 13.03 13.66

Regency Affiliates Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 15.63 13.66 15.83 15.66 17.95

Competitive Comparison of Regency Affiliates's Current Ratio

For the Asset Management subindustry, Regency Affiliates'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.


Regency Affiliates's Current Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Regency Affiliates's Current Ratio distribution charts can be found below:

* The bar in red indicates where Regency Affiliates's Current Ratio falls into.



Regency Affiliates 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.

Regency Affiliates's Current Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Current Ratio (A: Dec. 2010 )=Total Current Assets (A: Dec. 2010 )/Total Current Liabilities (A: Dec. 2010 )
=4.48/0.328
=13.66

Regency Affiliates's Current Ratio for the quarter that ended in Sep. 2011 is calculated as

Current Ratio (Q: Sep. 2011 )=Total Current Assets (Q: Sep. 2011 )/Total Current Liabilities (Q: Sep. 2011 )
=5.762/0.321
=17.95

* 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.


Regency Affiliates  (OTCPK:RAFI) 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.


Regency Affiliates Current Ratio Related Terms

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Regency Affiliates Business Description

Traded in Other Exchanges
N/A
Address
1890 Palmer Avenue, Suite 303, Larchmont, NY, USA, 10538
Regency Affiliates Inc invests in assets that generate predictable and sustainable returns on capital. The company's objective is to generate long-term value for its shareholders. The management of the company seeks investment opportunities to meet business characteristics and valuation criteria.
Executives
Errol Glasser director 505 PARK AVENUE, NEW YORK NY 10022
Stanley Fleishman director

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