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Strasbaugh (Strasbaugh) Current Ratio : 1.89 (As of Jun. 2010)


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What is Strasbaugh 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. Strasbaugh's current ratio for the quarter that ended in Jun. 2010 was 1.89.

Strasbaugh has a current ratio of 1.89. It generally indicates good short-term financial strength.

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

STRB's Current Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 2.41
* Ranked among companies with meaningful Current Ratio only.

Strasbaugh Current Ratio Historical Data

The historical data trend for Strasbaugh'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.

Strasbaugh Current Ratio Chart

Strasbaugh Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Dec07 Dec08 Dec09
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.94 3.20 3.47 2.14 1.30

Strasbaugh Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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 1.40 1.15 1.30 1.52 1.89

Competitive Comparison of Strasbaugh's Current Ratio

For the Semiconductors subindustry, Strasbaugh'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.


Strasbaugh's Current Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Strasbaugh's Current Ratio distribution charts can be found below:

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



Strasbaugh 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.

Strasbaugh's Current Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Current Ratio (A: Dec. 2009 )=Total Current Assets (A: Dec. 2009 )/Total Current Liabilities (A: Dec. 2009 )
=10.081/7.747
=1.30

Strasbaugh's Current Ratio for the quarter that ended in Jun. 2010 is calculated as

Current Ratio (Q: Jun. 2010 )=Total Current Assets (Q: Jun. 2010 )/Total Current Liabilities (Q: Jun. 2010 )
=7.624/4.024
=1.89

* 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.


Strasbaugh  (OTCPK:STRB) 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.


Strasbaugh Current Ratio Related Terms

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Strasbaugh (Strasbaugh) Business Description

Traded in Other Exchanges
N/A
Address
825 Buckley Road, San Luis Obispo, CA, USA, 93401
Strasbaugh makes equipment that is used to make microelectronics. The company manufactures and sells CMP and grinding equipment for use in the production of semiconductor devices. Its CMP and wafer grinding systems are used to manufacture a range of mobile devices, including MEMS, LEDs, RF/power devices, thin film heads, and ICs.
Executives
Bryant R Riley director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Miller Lloyd I Iii 10 percent owner
Richard H Nance officer: Executive VP and CFO 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Danilo Cacciamatta director
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019

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