USLG (US Lighting Group) Current Ratio: 0.08 (As of Sep. 2024)

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USLG US Lighting Group Inc USLG
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What is US Lighting Group Current Ratio?

US Lighting Group USLG 12 Current Ratio is 0.08 as of Sep. 2024. GuruFocus rates USLG with a GF Score™ of 12/100.

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. US Lighting Group's current ratio for the quarter that ended in Sep. 2024 was 0.08.

US Lighting Group has a current ratio of 0.08. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If US Lighting 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 US Lighting Group's Current Ratio or its related term are showing as below:

USLG's Current Ratio is not ranked *
in the Vehicles & Parts industry.
Industry Median: 1.53
* Ranked among companies with meaningful Current Ratio only.

US Lighting Group  (OTCPK:USLG) 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.


US Lighting Group Current Ratio Related Terms


US Lighting Group Current Ratio Historical Data

* Premium members only.

The historical data trend for US Lighting 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.

US Lighting Group Current Ratio Chart

US Lighting Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only 0.13 0.41 0.90 0.36 0.19

US Lighting Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.19 0.19 0.16 0.11 0.08

USLG vs THO, BC, HOG: Current Ratio Comparison

For the Recreational Vehicles subindustry, US Lighting 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.


US Lighting Group Current Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where US Lighting Group's Current Ratio falls into.


USLG
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US Lighting Group Inc USLG
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US Lighting Group 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.

US Lighting Group'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 )
=0.365/1.878
=0.19

US Lighting Group's Current Ratio for the quarter that ended in Sep. 2024 is calculated as

Current Ratio (Q: Sep. 2024 )=Total Current Assets (Q: Sep. 2024 )/Total Current Liabilities (Q: Sep. 2024 )
=0.293/3.506
=0.08

* 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 0.08 mean?
US Lighting Group (USLG) has a Current Ratio of 0.08 as of Sep. 2024.
Is US Lighting Group's Current Ratio too high?
US Lighting Group's current Current Ratio is 0.08. The Vehicles & Parts industry median Current Ratio is 1.53. US Lighting Group's value of 0.08 is 94.8% below this industry median. Overall, US Lighting Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does US Lighting Group's Current Ratio compare to THO and BC?
US Lighting Group's Current Ratio of 0.08 can be compared against companies in the Vehicles & Parts industry. The industry median Current Ratio is 1.53. US Lighting Group's value of 0.08 is 94.8% 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 1.53, based on 1,332 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. US Lighting Group's current Current Ratio of 0.08 is 94.8% 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 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Lighting Group's current Current Ratio is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Lighting Group stock overvalued right now?
US Lighting Group (USLG) has a current Current Ratio of 0.08. The current Current Ratio is 0.08 and 94.8% below the Vehicles & Parts industry median of 1.53. US Lighting Group'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 US Lighting Group (USLG), the current Current Ratio is 0.08 as of Sep. 2024. 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.

US Lighting Group Business Description

Address 1148 East 222nd Street, Euclid, OH, USA, 44117
US Lighting Group Inc is a manufacturer of recreational vehicles utilizing the highest quality marine materials to create lighter-weight, stronger, and more durable RV travel trailers and campers. It consists of four subsidiaries: Cortes Campers, LLC, a brand of high-end molded fiberglass campers, Futuro Houses, LLC, focused on the design and sales of molded fiberglass homes, Fusion X Marine, LLC, a high-performance boat designer, and MIGMarine Corporation, a composite manufacturing company that produces proprietary molded fiberglass products for other business lines. The company formed Cortes Campers to operate a new brand of inventive travel trailers.
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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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