SCCI (Shimmick Construction Company) Current Ratio: 1.31 (As of Jun. 2015)


What is Shimmick Construction Company Current Ratio?

Shimmick Construction Company SCCI Current Ratio is 1.31 as of Jun. 2015.

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. Shimmick Construction Company's current ratio for the quarter that ended in Jun. 2015 was 1.31.

Shimmick Construction Company has a current ratio of 1.31. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shimmick Construction Company's Current Ratio or its related term are showing as below:

SCCI's Current Ratio is not ranked *
in the Construction industry.
Industry Median: 1.575
* Ranked among companies with meaningful Current Ratio only.

Shimmick Construction Company  (NAS:SCCI) 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.

Shimmick Construction Company Current Ratio Related Terms

Shimmick Construction Company Current Ratio Historical Data

* Premium members only.

The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company Current Ratio Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
Current Ratio
1.34 1.33

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
Current Ratio 1.34 0.00 1.33 1.31

SCCI vs TSSI, SWMM, SFHI: Current Ratio Comparison

For the Engineering & Construction subindustry, Shimmick Construction Company'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.

Shimmick Construction Company Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shimmick Construction Company's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shimmick Construction Company's Current Ratio falls into.


Shimmick Construction Company 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.

Shimmick Construction Company's Current Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Current Ratio (A: Dec. 2014 )=Total Current Assets (A: Dec. 2014 )/Total Current Liabilities (A: Dec. 2014 )
=175.585/132.007
=1.33

Shimmick Construction Company's Current Ratio for the quarter that ended in Jun. 2015 is calculated as

Current Ratio (Q: Jun. 2015 )=Total Current Assets (Q: Jun. 2015 )/Total Current Liabilities (Q: Jun. 2015 )
=205.527/156.791
=1.31

* 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 1.31 mean?
Shimmick Construction Company (SCCI) has a Current Ratio of 1.31 as of Jun. 2015.
Is Shimmick Construction Company's Current Ratio too high?
Shimmick Construction Company's current Current Ratio is 1.31. The Construction industry median Current Ratio is 1.58. Shimmick Construction Company's value of 1.31 is 16.8% below this industry median.
How does Shimmick Construction Company's Current Ratio compare to TSSI and SWMM?
Shimmick Construction Company's Current Ratio of 1.31 can be compared against companies in the Construction industry. The industry median Current Ratio is 1.58. Shimmick Construction Company's value of 1.31 is 16.8% 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,782 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. Shimmick Construction Company's current Current Ratio of 1.31 is 16.8% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shimmick Construction Company's current Current Ratio is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current Current Ratio of 1.31. The current Current Ratio is 1.31 and 16.8% below the Construction industry median of 1.58. 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 Shimmick Construction Company (SCCI), the current Current Ratio is 1.31 as of Jun. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.