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Willcox International Holdings (Willcox International Holdings) Current Ratio : 4.46 (As of Sep. 2017)


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What is Willcox International Holdings 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. Willcox International Holdings's current ratio for the quarter that ended in Sep. 2017 was 4.46.

Willcox International Holdings has a current ratio of 4.46. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

WINH's Current Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.61
* Ranked among companies with meaningful Current Ratio only.

Willcox International Holdings Current Ratio Historical Data

The historical data trend for Willcox International Holdings'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.

Willcox International Holdings Current Ratio Chart

Willcox International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Current Ratio
0.65 3.22 2.82 -

Willcox International Holdings Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 4.73 2.35 - 5.10 4.46

Competitive Comparison of Willcox International Holdings's Current Ratio

For the Specialty Retail subindustry, Willcox International Holdings'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.


Willcox International Holdings's Current Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Willcox International Holdings's Current Ratio distribution charts can be found below:

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



Willcox International Holdings 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.

Willcox International Holdings's Current Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Current Ratio (A: Mar. 2017 )=Total Current Assets (A: Mar. 2017 )/Total Current Liabilities (A: Mar. 2017 )
=0/0.206
=0.00

Willcox International Holdings's Current Ratio for the quarter that ended in Sep. 2017 is calculated as

Current Ratio (Q: Sep. 2017 )=Total Current Assets (Q: Sep. 2017 )/Total Current Liabilities (Q: Sep. 2017 )
=1.192/0.267
=4.46

* 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.


Willcox International Holdings  (OTCPK:WINH) 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.


Willcox International Holdings Current Ratio Related Terms

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Willcox International Holdings (Willcox International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
13935 Lynmar Boulevard, Tampa, FL, USA, 33626
Willcox International Holdings Inc is a U.S based company offering retail products across China through its self-operated physical store, website, mobile store, and set-top boxes for television sets and also carries on wholesale of local specialty products to a regional distributor. The company's business model utilizes a multi-channel shopping platform to sell locally produced food, beverages, and arts and crafts that are well-known across China. It operates through three different channels including retail stores, custom-made, and franchises. The majority of the company's revenue is from the custom-made channel.

Willcox International Holdings (Willcox International Holdings) Headlines