RBZHF (Reebonz Holding) Current Ratio: 0.43 (As of Jun. 2019)

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What is Reebonz Holding Current Ratio?

Reebonz Holding RBZHF Current Ratio is 0.43 as of Jun. 2019.

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. Reebonz Holding's current ratio for the quarter that ended in Jun. 2019 was 0.43.

Reebonz Holding has a current ratio of 0.43. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Reebonz Holding 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 Reebonz Holding's Current Ratio or its related term are showing as below:

RBZHF's Current Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.57
* Ranked among companies with meaningful Current Ratio only.

Reebonz Holding  (OTCPK:RBZHF) 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.


Reebonz Holding Current Ratio Related Terms


Reebonz Holding Current Ratio Historical Data

* Premium members only.

The historical data trend for Reebonz Holding'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.

Reebonz Holding Current Ratio Chart

Reebonz Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Current Ratio
1.28 1.16 0.84 0.55

Reebonz Holding Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Current Ratio Get a 7-Day Free Trial 0.00 0.84 0.59 0.55 0.43

RBZHF vs SMKC, UBID, AMZN: Current Ratio Comparison

For the Internet Retail subindustry, Reebonz Holding'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.


Reebonz Holding Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Reebonz Holding's Current Ratio distribution charts can be found below:

* The bar in red indicates where Reebonz Holding's Current Ratio falls into.



Reebonz Holding 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.

Reebonz Holding's Current Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=44.421/81.506
=0.55

Reebonz Holding's Current Ratio for the quarter that ended in Jun. 2019 is calculated as

Current Ratio (Q: Jun. 2019 )=Total Current Assets (Q: Jun. 2019 )/Total Current Liabilities (Q: Jun. 2019 )
=19.774/46.135
=0.43

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.43 mean?
Reebonz Holding (RBZHF) has a Current Ratio of 0.43 as of Jun. 2019.
Is Reebonz Holding's Current Ratio too high?
Reebonz Holding's current Current Ratio is 0.43. The Retail - Cyclical industry median Current Ratio is 1.57. Reebonz Holding's value of 0.43 is 72.6% below this industry median.
How does Reebonz Holding's Current Ratio compare to SMKC and UBID?
Reebonz Holding's Current Ratio of 0.43 can be compared against companies in the Retail - Cyclical industry. The industry median Current Ratio is 1.57. Reebonz Holding's value of 0.43 is 72.6% below this benchmark. 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,135 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. Reebonz Holding's current Current Ratio of 0.43 is 72.6% 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 Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reebonz Holding's current Current Ratio is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reebonz Holding stock overvalued right now?
Reebonz Holding (RBZHF) has a current Current Ratio of 0.43. The current Current Ratio is 0.43 and 72.6% below the Retail - Cyclical industry median of 1.57. 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 Reebonz Holding (RBZHF), the current Current Ratio is 0.43 as of Jun. 2019. 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.

Reebonz Holding Business Description

Address 5 Tampines North Drive 5, Singapore, SGP, 528548
Reebonz Holding Ltd is a Singapore based that operates in the online luxury market. The company through its online marketplace and platform is engaged in buying and selling of new and pre-owned luxury products in the Asia Pacific region including Singapore, Malaysia, Indonesia, Thailand, the Philippines, Vietnam, Hong Kong, South Korea, Taiwan, Australia, and New Zealand.