Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Europtronic GroupSGX:E23 Current Ratio is 0.74 as of Sep. 2017, which is 20% below its 10-year median of 0.93. The stock has 2 warning signs investors should review.
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. Europtronic Group's current ratio for the quarter that ended in Sep. 2017 was 0.74.
Europtronic Group has a current ratio of 0.74. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Europtronic Group 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 Europtronic Group's Current Ratio or its related term are showing as below:
SGX:E23'
s Current Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.93 Max: 1.06
Current: 0.94
During the past 13 years, Europtronic Group's highest Current Ratio was 1.06. The lowest was 0.36. And the median was 0.93.
SGX:E23's Current Ratio is not ranked
in the Hardware industry.
Industry Median: 1.94
vs SGX:E23: 0.94
Europtronic Group (SGX:E23) 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.
Europtronic Group Current Ratio Related Terms
Europtronic Group Current Ratio Historical Data
* Premium members only.
The historical data trend for Europtronic Group'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.
Europtronic Group Current Ratio Competitor Comparison
For the Electronic Components subindustry, Europtronic Group'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.
Europtronic Group Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Europtronic Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Europtronic Group'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.
Europtronic Group (SGX:E23) has a Current Ratio of 0.74 as of Sep. 2017. This is 20% below median its historical median of 0.93. Over the past decade, Europtronic Group's Current Ratio has ranged from 0.36 to 1.06.
Is Europtronic Group's Current Ratio too high?
Europtronic Group's current Current Ratio of 0.74 is 20% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.06. The Hardware industry median Current Ratio is 1.94. Europtronic Group's value of 0.74 is 61.9% below this industry median.
How does Europtronic Group's Current Ratio compare to competitors?
Europtronic Group's Current Ratio of 0.74 can be compared against companies in the Hardware industry. The industry median Current Ratio is 1.94. Europtronic Group's value of 0.74 is 61.9% below this benchmark. Historically, Europtronic Group's own Current Ratio has ranged from 0.36 to 1.06 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.94, Europtronic Group has consistently been below the industry average. 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 2,496 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. Europtronic Group's current Current Ratio of 0.74 is 61.9% 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. Europtronic Group's current Current Ratio is 0.74, which is 20% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europtronic Group stock overvalued right now?
Europtronic Group (SGX:E23) has a current Current Ratio of 0.74. The current Current Ratio is 0.74, which is 20% below median its 10-year median of 0.93 and 61.9% 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 Europtronic Group (SGX:E23), the current Current Ratio is 0.74 as of Sep. 2017. 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.
Europtronic Group Ltd is a China-based investment holding company. The company is primarily engaged in production, distribution, and marketing of electronic components. The Company operates in two segments namely, Manufacturing segment comprises of producing of film capacitors, interference suppression capacitors (X2), snubber capacitors, DC Link capacitors and AC capacitors which also contributes a major part of revenue; and Distribution segment distributes other active and passive components, such as fuses, resistors, capacitors, inductors, crystals, opto-devices, liquid crystal display (LCD) panels and other related products. Most of its revenue is earned through the China market while it also has a presence in Singapore, Taiwan, and Hong Kong market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:E23 has been successfully added to your 
