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. USD Partners LP's current ratio for the quarter that ended in Sep. 2023 was 0.20.
USD Partners LP has a current ratio of 0.20. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If USD Partners LP 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 USD Partners LP's Current Ratio or its related term are showing as below:
USDP's Current Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.47 * Ranked among companies with meaningful Current Ratio only.
USD Partners LP (OTCPK:USDP) 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.
USD Partners LP Current Ratio Related Terms
USD Partners LP Current Ratio Historical Data
* Premium members only.
The historical data trend for USD Partners LP'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.
USDP vs RVSN, PNYG, RAIL: Current Ratio Comparison
For the Railroads subindustry, USD Partners LP'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.
USD Partners LP Current Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, USD Partners LP's Current Ratio distribution charts can be found below:
* The bar in red indicates where USD Partners LP'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.
USD Partners LP (USDP) has a Current Ratio of 0.20 as of Sep. 2023.
Is USD Partners LP's Current Ratio too high?
USD Partners LP's current Current Ratio is 0.20. The Transportation industry median Current Ratio is 1.47. USD Partners LP's value of 0.20 is 86.4% below this industry median. Overall, USD Partners LP has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does USD Partners LP's Current Ratio compare to RVSN and PNYG?
USD Partners LP's Current Ratio of 0.20 can be compared against companies in the Transportation industry. The industry median Current Ratio is 1.47. USD Partners LP's value of 0.20 is 86.4% 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 Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 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. USD Partners LP's current Current Ratio of 0.20 is 86.4% 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 Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. USD Partners LP's current Current Ratio is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is USD Partners LP stock overvalued right now?
USD Partners LP (USDP) has a current Current Ratio of 0.20. The current Current Ratio is 0.20 and 86.4% below the Transportation industry median of 1.47. USD Partners LP's overall GF Score™ is 12/100. 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 USD Partners LP (USDP), the current Current Ratio is 0.20 as of Sep. 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.
USD Partners LP is formed to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels, and other energy-related products. The company's network of crude oil terminals facilitates the transportation of heavy crude oil from Western Canada to key demand centers across North America. The company's operations include railcar loading and unloading, storage and blending in on-site tanks, inbound and outbound pipeline connectivity, truck transloading and other related logistics services. The company also provides one of the customers with leased railcars and fleet services to facilitate the transportation of liquid hydrocarbons by rail. The company manages its business in two reportable segments: Terminalling services and Fleet services.
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