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Regional Brands (Regional Brands) Current Ratio : 2.39 (As of Sep. 2019)


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What is Regional Brands 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. Regional Brands's current ratio for the quarter that ended in Sep. 2019 was 2.39.

Regional Brands has a current ratio of 2.39. It generally indicates good short-term financial strength.

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

RGBD's Current Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.875
* Ranked among companies with meaningful Current Ratio only.

Regional Brands Current Ratio Historical Data

The historical data trend for Regional Brands'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.

Regional Brands Current Ratio Chart

Regional Brands Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Dec17 Dec18
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - 3.38 3.14

Regional Brands Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 2.61 3.14 3.04 2.30 2.39

Competitive Comparison of Regional Brands's Current Ratio

For the Furnishings, Fixtures & Appliances subindustry, Regional Brands'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.


Regional Brands's Current Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Regional Brands's Current Ratio distribution charts can be found below:

* The bar in red indicates where Regional Brands's Current Ratio falls into.



Regional Brands 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.

Regional Brands'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 )
=18.148/5.787
=3.14

Regional Brands's Current Ratio for the quarter that ended in Sep. 2019 is calculated as

Current Ratio (Q: Sep. 2019 )=Total Current Assets (Q: Sep. 2019 )/Total Current Liabilities (Q: Sep. 2019 )
=22.121/9.272
=2.39

* 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.


Regional Brands  (OTCPK:RGBD) 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.


Regional Brands Current Ratio Related Terms

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Regional Brands (Regional Brands) Business Description

Traded in Other Exchanges
N/A
Address
6060 Parkland Boulevard, Suite 200, Mayfield Heights, Cleveland, OH, USA, 44124
Regional Brands Inc is a holding company formed to acquire substantial ownership in regional companies with strong brand recognition, stable revenues, and profitability. Its subsidiary is engaged in selling and distribution of windows, doors and related hardware as well as specialty products used in commercial and residential buildings.
Executives
Steven N Bronson director, 10 percent owner
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510

Regional Brands (Regional Brands) Headlines

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