Shift Technologies (STU:4GI0) Current Ratio: 1.33 (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

STU:4GI0 Shift Technologies Inc STU:4GI0
10 GF Score
Price €1.92
View Full Analysis

What is Shift Technologies Current Ratio?

Shift Technologies STU:4GI0 10 Current Ratio is 1.33 as of Jun. 2023. GuruFocus rates STU:4GI0 with a GF Score™ of 10/100.

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. Shift Technologies's current ratio for the quarter that ended in Jun. 2023 was 1.33.

Shift Technologies has a current ratio of 1.33. It generally indicates good short-term financial strength.

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

STU:4GI0's Current Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.505
* Ranked among companies with meaningful Current Ratio only.

Shift Technologies  (STU:4GI0) 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.


Shift Technologies Current Ratio Related Terms


Shift Technologies Current Ratio Historical Data

* Premium members only.

The historical data trend for Shift Technologies'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.

Shift Technologies Current Ratio Chart

Shift Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Current Ratio
2.69 6.34 2.34 1.87

Shift Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.55 1.28 1.87 1.49 1.33

STU:4GI0 vs PREC, EICCF, JZXN: Current Ratio Comparison

For the Auto & Truck Dealerships subindustry, Shift Technologies'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.


Shift Technologies Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shift Technologies's Current Ratio distribution charts can be found below:

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


STU:4GI0
10GF Score
Shift Technologies Inc STU:4GI0
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shift Technologies 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.

Shift Technologies's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=168.429/90.016
=1.87

Shift Technologies's Current Ratio for the quarter that ended in Jun. 2023 is calculated as

Current Ratio (Q: Jun. 2023 )=Total Current Assets (Q: Jun. 2023 )/Total Current Liabilities (Q: Jun. 2023 )
=71.934/54.284
=1.33

* 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 1.33 mean?
Shift Technologies (STU:4GI0) has a Current Ratio of 1.33 as of Jun. 2023.
Is Shift Technologies' Current Ratio too high?
Shift Technologies' current Current Ratio is 1.33. The Vehicles & Parts industry median Current Ratio is 1.51. Shift Technologies' value of 1.33 is 11.6% below this industry median. Overall, Shift Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Shift Technologies' Current Ratio compare to PREC and EICCF?
Shift Technologies' Current Ratio of 1.33 can be compared against companies in the Vehicles & Parts industry. The industry median Current Ratio is 1.51. Shift Technologies' value of 1.33 is 11.6% 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.51, based on 1,334 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. Shift Technologies's current Current Ratio of 1.33 is 11.6% 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 Vehicles & Parts industry, the median Current Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shift Technologies's current Current Ratio is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shift Technologies stock overvalued right now?
Shift Technologies (STU:4GI0) has a current Current Ratio of 1.33. The current Current Ratio is 1.33 and 11.6% below the Vehicles & Parts industry median of 1.51. Shift Technologies' overall GF Score™ is 10/100. 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 Shift Technologies (STU:4GI0), the current Current Ratio is 1.33 as of Jun. 2023. 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.

Shift Technologies Business Description

Address 290 Division Street, Suite 400, San Francisco, CA, USA, 94103-4893
Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. The company makes car purchase and ownership simple - making buying or selling a used car fun, fair, and accessible to everyone. It provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive , a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. It operates in two segments: Retail and Wholesale, of which the majority of its revenue comes from Retail.
10GF Score

Get the complete analysis for STU:4GI0

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.92
Price