8Telecom International Holdings Co (SGX:AZG) Current Ratio: 0.50 (As of Sep. 2019)

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What is 8Telecom International Holdings Co Current Ratio?

8Telecom International Holdings Co SGX:AZG Current Ratio is 0.50 as of Sep. 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. 8Telecom International Holdings Co's current ratio for the quarter that ended in Sep. 2019 was 0.50.

8Telecom International Holdings Co has a current ratio of 0.50. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If 8Telecom International Holdings Co 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 8Telecom International Holdings Co's Current Ratio or its related term are showing as below:

SGX:AZG's Current Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.94
* Ranked among companies with meaningful Current Ratio only.

8Telecom International Holdings Co  (SGX:AZG) 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.


8Telecom International Holdings Co Current Ratio Related Terms


8Telecom International Holdings Co Current Ratio Historical Data

* Premium members only.

The historical data trend for 8Telecom International Holdings Co'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.

8Telecom International Holdings Co Current Ratio Chart

8Telecom International Holdings Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.65 1.85 0.13 0.33

8Telecom International Holdings Co Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 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 0.40 0.50 0.28 0.28 0.50

SGX:AZG vs CSCO, MSI, ZBRA: Current Ratio Comparison

For the Communication Equipment subindustry, 8Telecom International Holdings Co'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.


8Telecom International Holdings Co Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, 8Telecom International Holdings Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where 8Telecom International Holdings Co's Current Ratio falls into.



8Telecom International Holdings Co 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.

8Telecom International Holdings Co's Current Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Current Ratio (A: Dec. 2017 )=Total Current Assets (A: Dec. 2017 )/Total Current Liabilities (A: Dec. 2017 )
=2.296/7.041
=0.33

8Telecom International Holdings Co'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 )
=1.344/2.689
=0.50

* 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 0.50 mean?
8Telecom International Holdings Co (SGX:AZG) has a Current Ratio of 0.50 as of Sep. 2019.
Is 8Telecom International Holdings Co's Current Ratio too high?
8Telecom International Holdings Co's current Current Ratio is 0.50. The Hardware industry median Current Ratio is 1.94. 8Telecom International Holdings Co's value of 0.50 is 74.2% below this industry median.
How does 8Telecom International Holdings Co's Current Ratio compare to CSCO and MSI?
8Telecom International Holdings Co's Current Ratio of 0.50 can be compared against companies in the Hardware industry. The industry median Current Ratio is 1.94. 8Telecom International Holdings Co's value of 0.50 is 74.2% 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 Hardware company?
The median Current Ratio among Hardware companies is 1.94, based on 2,499 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. 8Telecom International Holdings Co's current Current Ratio of 0.50 is 74.2% 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 Hardware industry, the median Current Ratio is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 8Telecom International Holdings Co's current Current Ratio is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 8Telecom International Holdings Co stock overvalued right now?
8Telecom International Holdings Co (SGX:AZG) has a current Current Ratio of 0.50. The current Current Ratio is 0.50 and 74.2% below the Hardware industry median of 1.94. 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 8Telecom International Holdings Co (SGX:AZG), the current Current Ratio is 0.50 as of Sep. 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.

8Telecom International Holdings Co Business Description

Address 20 Sin Ming Lane, Number 03-63, Midview City, Singapore, SGP, 573968
8Telecom International Holdings Co Ltd is a communications services provider in Asia. The company is engaged in designing, manufacturing and distributing telecommunication pipes, telecommunication, and other towers, the provision of telecommunication engineering services, as well as the development of commercial property. The company is engaged in the following business segments, Telecommunications pipes, Telecommunications engineering services, Telecommunications and other towers and Property.