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Matador Secondary Private Equity AG (STU:SQL) Current Ratio : 3.18 (As of Dec. 2023)


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What is Matador Secondary Private Equity AG 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. Matador Secondary Private Equity AG's current ratio for the quarter that ended in Dec. 2023 was 3.18.

Matador Secondary Private Equity AG has a current ratio of 3.18. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Matador Secondary Private Equity AG's Current Ratio or its related term are showing as below:

STU:SQL's Current Ratio is not ranked *
in the Asset Management industry.
Industry Median: 3.13
* Ranked among companies with meaningful Current Ratio only.

Matador Secondary Private Equity AG Current Ratio Historical Data

The historical data trend for Matador Secondary Private Equity AG'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.

Matador Secondary Private Equity AG Current Ratio Chart

Matador Secondary Private Equity AG Annual Data
Trend Jun16 Jun17 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial 3.29 1.68 14.10 2.99 3.18

Matador Secondary Private Equity AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 14.10 8.57 2.99 2.77 3.18

Competitive Comparison of Matador Secondary Private Equity AG's Current Ratio

For the Asset Management subindustry, Matador Secondary Private Equity AG'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.


Matador Secondary Private Equity AG's Current Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Matador Secondary Private Equity AG's Current Ratio distribution charts can be found below:

* The bar in red indicates where Matador Secondary Private Equity AG's Current Ratio falls into.


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Matador Secondary Private Equity AG 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.

Matador Secondary Private Equity AG's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=11.015/3.465
=3.18

Matador Secondary Private Equity AG's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=11.015/3.465
=3.18

* 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.


Matador Secondary Private Equity AG  (STU:SQL) 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.


Matador Secondary Private Equity AG Current Ratio Related Terms

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Matador Secondary Private Equity AG Business Description

Traded in Other Exchanges
N/A
Address
Grundacher 5, Sarnen, CHE, CH-6060
Matador Secondary Private Equity AG provides consulting services for the alternative investments sector. It supports and consults in the development and expansion of the investment portfolio; and placement of investment offerings. The company offers mergers and acquisition advisory services, investor relations, and research services.

Matador Secondary Private Equity AG Headlines

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