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UltratrexUTX Current Ratio is 2.05 as of Dec. 2024.
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. Ultratrex's current ratio for the quarter that ended in Dec. 2024 was 2.05.
Ultratrex has a current ratio of 2.05. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ultratrex's Current Ratio or its related term are showing as below:
UTX's Current Ratio is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.82 * Ranked among companies with meaningful Current Ratio only.
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.
Ultratrex Current Ratio Related Terms
Ultratrex Current Ratio Historical Data
* Premium members only.
The historical data trend for Ultratrex'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.
Ultratrex Current Ratio Chart
Ultratrex Annual Data
Trend
Jun23
Jun24
Current Ratio
2.39
2.34
Ultratrex Semi-Annual Data
Jun23
Dec23
Jun24
Dec24
Current Ratio
2.39
0.00
2.34
2.05
UTX vs : Current Ratio Comparison
For the Farm & Heavy Construction Machinery subindustry, Ultratrex'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.
Ultratrex Current Ratio vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ultratrex's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ultratrex'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.
Ultratrex (UTX) has a Current Ratio of 2.05 as of Dec. 2024.
Is Ultratrex's Current Ratio too high?
Ultratrex's current Current Ratio is 2.05. The Farm & Heavy Construction Machinery industry median Current Ratio is 1.82. Ultratrex's value of 2.05 is 12.6% above this industry median.
How does Ultratrex's Current Ratio compare to ?
Ultratrex's Current Ratio of 2.05 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Current Ratio is 1.82. Ultratrex's value of 2.05 is 12.6% above 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 Farm & Heavy Construction Machinery company?
The median Current Ratio among Farm & Heavy Construction Machinery companies is 1.82, based on 211 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. Ultratrex's current Current Ratio of 2.05 is 12.6% above 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 Farm & Heavy Construction Machinery industry, the median Current Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultratrex's current Current Ratio is 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Current Ratio of 2.05. The current Current Ratio is 2.05 and 12.6% above the Farm & Heavy Construction Machinery industry median of 1.82. 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 Ultratrex (UTX), the current Current Ratio is 2.05 as of Dec. 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.
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.
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