VIAOY (VIA optronics Holding AG) Current Ratio: 1.45 (As of Dec. 2022)


VIAOY VIA optronics Holding AG VIAOY
12 GF Score
Price $0.07
View Full Analysis

What is VIA optronics Holding AG Current Ratio?

VIA optronics Holding AG VIAOY 12 Current Ratio is 1.45 as of Dec. 2022. GuruFocus rates VIAOY 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. VIA optronics Holding AG's current ratio for the quarter that ended in Dec. 2022 was 1.45.

VIA optronics Holding AG has a current ratio of 1.45. It generally indicates good short-term financial strength.

The historical rank and industry rank for VIA optronics Holding AG's Current Ratio or its related term are showing as below:

VIAOY's Current Ratio is not ranked *
in the Hardware industry.
Industry Median: 1.96
* Ranked among companies with meaningful Current Ratio only.

VIA optronics Holding AG  (OTCPK:VIAOY) 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.


VIA optronics Holding AG Current Ratio Related Terms


VIA optronics Holding AG Current Ratio Historical Data

* Premium members only.

The historical data trend for VIA optronics Holding 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.

VIA optronics Holding AG Current Ratio Chart

VIA optronics Holding AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Ratio
Get a 7-Day Free Trial 1.02 0.77 2.05 1.52 1.45

VIA optronics Holding AG Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 1.52 1.49 1.41 1.44 1.45

VIAOY vs APH, TEL, GLW: Current Ratio Comparison

For the Electronic Components subindustry, VIA optronics Holding 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.


VIA optronics Holding AG Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, VIA optronics Holding AG's Current Ratio distribution charts can be found below:

* The bar in red indicates where VIA optronics Holding AG's Current Ratio falls into.


VIAOY
12GF Score
VIA optronics Holding AG VIAOY
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIA optronics Holding 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.

VIA optronics Holding AG'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 )
=115.896/79.828
=1.45

VIA optronics Holding AG's Current Ratio for the quarter that ended in Dec. 2022 is calculated as

Current Ratio (Q: Dec. 2022 )=Total Current Assets (Q: Dec. 2022 )/Total Current Liabilities (Q: Dec. 2022 )
=115.896/79.828
=1.45

* 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 1.45 mean?
VIA optronics Holding AG (VIAOY) has a Current Ratio of 1.45 as of Dec. 2022.
Is VIA optronics Holding AG's Current Ratio too high?
VIA optronics Holding AG's current Current Ratio is 1.45. The Hardware industry median Current Ratio is 1.96. VIA optronics Holding AG's value of 1.45 is 26% below this industry median. Overall, VIA optronics Holding AG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does VIA optronics Holding AG's Current Ratio compare to APH and TEL?
VIA optronics Holding AG's Current Ratio of 1.45 can be compared against companies in the Hardware industry. The industry median Current Ratio is 1.96. VIA optronics Holding AG's value of 1.45 is 26% 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,495 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. VIA optronics Holding AG's current Current Ratio of 1.45 is 26% 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 Hardware industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIA optronics Holding AG's current Current Ratio is 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIA optronics Holding AG stock overvalued right now?
VIA optronics Holding AG (VIAOY) has a current Current Ratio of 1.45. The current Current Ratio is 1.45 and 26% below the Hardware industry median of 1.96. VIA optronics Holding AG'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 VIA optronics Holding AG (VIAOY), the current Current Ratio is 1.45 as of Dec. 2022. 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.

VIA optronics Holding AG Business Description

Address Sieboldstrasse 18, Nuremberg, BY, DEU, D-90411
VIA optronics Holding AG provides interactive display solutions and systems for the industrial, automotive, and consumer electronics markets. The company develops, manufactures, and sells customized and application-specific metal mesh touch sensors and electrode base film materials for use in touch modules or other touch products. The portfolio includes Interactive Display Systems, Display Solutions, Camera Solutions and Systems. The group generates revenue from the sale of enhanced display solutions, which use optical bonding technology and metal mesh touch sensors. It operates in three segments, namely, Display Solutions, Sensor Technologies, and Other Segments.
12GF Score

Get the complete analysis for VIAOY

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

$0.07
Price