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. SBC Medical Group Holdings's current ratio for the quarter that ended in Dec. 2024 was 3.01.
SBC Medical Group Holdings has a current ratio of 3.01. 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 SBC Medical Group Holdings's Current Ratio or its related term are showing as below:
SBC'
s Current Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.79 Max: 3.01
Current: 3.01
During the past 3 years, SBC Medical Group Holdings's highest Current Ratio was 3.01. The lowest was 1.12. And the median was 1.79.
SBC's Current Ratio is ranked better than 75.99% of 1062
companies
in the Business Services industry
Industry Median: 1.74
vs SBC: 3.01
SBC Medical Group Holdings 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.
Competitive Comparison of SBC Medical Group Holdings's Current Ratio
For the Consulting Services subindustry, SBC Medical Group Holdings'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.
SBC Medical Group Holdings's Current Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, SBC Medical Group Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where SBC Medical Group Holdings'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.
SBC Medical Group Holdings (NAS:SBC) 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.
SBC Medical Group Holdings Current Ratio Related Terms
Thank you for viewing the detailed overview of SBC Medical Group Holdings's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
SBC Medical Group Holdings Inc is a management company that provides management services to cosmetic treatment centers mainly in Japan. It is primarily focused on providing comprehensive management services to franchisee clinics, including but not limited to advertising and marketing needs across various platforms (such as social media networks), staff management (such as recruitment and training), booking reservations for franchisee clinic customers, assistance with franchisee employee housing rentals and facility rentals, construction and design of franchisee clinics, medical equipment and medical consumables procurement (resale). They provide management services to a total of One hundred fifty eight franchisee treatment centers under the brand name Shonan Beauty Clinic located in Japan.
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