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Vulcan International (Vulcan International) Current Ratio : 2.16 (As of Jun. 2005)


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What is Vulcan International 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. Vulcan International's current ratio for the quarter that ended in Jun. 2005 was 2.16.

Vulcan International has a current ratio of 2.16. It generally indicates good short-term financial strength.

The historical rank and industry rank for Vulcan International's Current Ratio or its related term are showing as below:

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

Vulcan International Current Ratio Historical Data

The historical data trend for Vulcan International'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.

Vulcan International Current Ratio Chart

Vulcan International Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 2.60 2.16 2.59 3.64

Vulcan International Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 3.31 3.39 3.64 2.15 2.16

Competitive Comparison of Vulcan International's Current Ratio

For the Chemicals subindustry, Vulcan International'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.


Vulcan International's Current Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vulcan International's Current Ratio distribution charts can be found below:

* The bar in red indicates where Vulcan International's Current Ratio falls into.



Vulcan International 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.

Vulcan International's Current Ratio for the fiscal year that ended in Dec. 2004 is calculated as

Current Ratio (A: Dec. 2004 )=Total Current Assets (A: Dec. 2004 )/Total Current Liabilities (A: Dec. 2004 )
=16.779/4.614
=3.64

Vulcan International's Current Ratio for the quarter that ended in Jun. 2005 is calculated as

Current Ratio (Q: Jun. 2005 )=Total Current Assets (Q: Jun. 2005 )/Total Current Liabilities (Q: Jun. 2005 )
=16.011/7.421
=2.16

* 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.


Vulcan International  (OTCPK:VULC) 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.


Vulcan International Current Ratio Related Terms

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Vulcan International (Vulcan International) Business Description

Traded in Other Exchanges
N/A
Address
1151 College Street, Suite 1704, Clarksville, TN, USA, 37040
Vulcan International Corp is a United States based company engaged in the manufacturing of rubber and foam products. Its products include custom mixed rubber, polyethylene foams, expanded rubber sheets, firm sheets, among other products.

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