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Sadovaya Group (WAR:SGR) Current Ratio : 0.13 (As of Dec. 2015)


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What is Sadovaya Group 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. Sadovaya Group's current ratio for the quarter that ended in Dec. 2015 was 0.13.

Sadovaya Group has a current ratio of 0.13. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Sadovaya 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 Sadovaya Group's Current Ratio or its related term are showing as below:

WAR:SGR's Current Ratio is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.76
* Ranked among companies with meaningful Current Ratio only.

Sadovaya Group Current Ratio Historical Data

The historical data trend for Sadovaya 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.

* Premium members only.

Sadovaya Group Current Ratio Chart

Sadovaya Group Annual Data
Trend Dec14 Dec15
Current Ratio
0.29 0.13

Sadovaya Group Semi-Annual Data
Dec14 Dec15
Current Ratio 0.29 0.13

Competitive Comparison of Sadovaya Group's Current Ratio

For the Thermal Coal subindustry, Sadovaya 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.


Sadovaya Group's Current Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Sadovaya Group's Current Ratio distribution charts can be found below:

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



Sadovaya 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.

Sadovaya Group's Current Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Current Ratio (A: Dec. 2015 )=Total Current Assets (A: Dec. 2015 )/Total Current Liabilities (A: Dec. 2015 )
=27.373/207.41
=0.13

Sadovaya Group's Current Ratio for the quarter that ended in Dec. 2015 is calculated as

Current Ratio (Q: Dec. 2015 )=Total Current Assets (Q: Dec. 2015 )/Total Current Liabilities (Q: Dec. 2015 )
=27.373/207.41
=0.13

* 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.


Sadovaya Group  (WAR:SGR) 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.


Sadovaya Group Current Ratio Related Terms

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Sadovaya Group Business Description

Traded in Other Exchanges
N/A
Address
6 Moskovska Street, Luhansk Oblast, Alchevsk, UKR, 94204
Sadovaya Group SA is a holding company, which operates in the mining industry. The company is engaged in coal mining activities, including coal extraction, recovery, and enrichment and trading. Its principal activities include preparation and marketing of coal from three primary sources such as own underground mining, the recovery of coal waste deposits, and third-party purchases. The firm's diversified mining and related operations are divided into the three segments: Coal Mining and Coal Enrichment, the Extraction of coal from waste deposits, and Coal Trading.

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