Groupe CarnivorXPAR:MLGRC 11 Current Ratio is 2.03 as of Dec. 2024, which is 71% below its 10-year median of 7.12. GuruFocus rates XPAR:MLGRC with a GF Score™ of 11/100. The stock has 6 warning signs investors should review. Among 1,985 Consumer Packaged Goods companies, Groupe Carnivor ranks better than 58.79% on this metric.
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. Groupe Carnivor's current ratio for the quarter that ended in Dec. 2024 was 2.03.
Groupe Carnivor has a current ratio of 2.03. It generally indicates good short-term financial strength.
The historical rank and industry rank for Groupe Carnivor's Current Ratio or its related term are showing as below:
XPAR:MLGRC'
s Current Ratio Range Over the Past 10 Years
Min: 2.03 Med: 7.12 Max: 9.67
Current: 2.03
During the past 3 years, Groupe Carnivor's highest Current Ratio was 9.67. The lowest was 2.03. And the median was 7.12.
XPAR:MLGRC's Current Ratio is ranked better than 58.79% of 1985
companies
in the Consumer Packaged Goods industry
Industry Median: 1.73
vs XPAR:MLGRC: 2.03
Groupe Carnivor (XPAR:MLGRC) 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.
Groupe Carnivor Current Ratio Related Terms
Groupe Carnivor Current Ratio Historical Data
* Premium members only.
The historical data trend for Groupe Carnivor'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.
Groupe Carnivor Current Ratio Chart
Groupe Carnivor Annual Data
Trend
Dec22
Dec23
Dec24
Current Ratio
7.12
9.67
2.03
Groupe Carnivor Semi-Annual Data
Dec22
Dec23
Dec24
Current Ratio
7.12
9.67
2.03
XPAR:MLGRC vs KHC, GIS: Current Ratio Comparison
For the Packaged Foods subindustry, Groupe Carnivor'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.
Groupe Carnivor Current Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Groupe Carnivor's Current Ratio distribution charts can be found below:
* The bar in red indicates where Groupe Carnivor'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.
Groupe Carnivor (XPAR:MLGRC) has a Current Ratio of 2.03 as of Dec. 2024. This is 71% below median its historical median of 7.12. Over the past decade, Groupe Carnivor's Current Ratio has ranged from 2.03 to 9.67. According to the industry distribution chart, Groupe Carnivor ranks #818 out of 1985 companies in the Consumer Packaged Goods industry, placing it in the top 41.2%.
Is Groupe Carnivor's Current Ratio too high?
Groupe Carnivor's current Current Ratio of 2.03 is 71% below median its 10-year median of 7.12. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 9.67. The Consumer Packaged Goods industry median Current Ratio is 1.73. Groupe Carnivor's value of 2.03 is 17.3% above this industry median. Based on the distribution chart, Groupe Carnivor ranks #818 out of 1985 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Groupe Carnivor has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Groupe Carnivor's Current Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Groupe Carnivor ranks #818 out of 1985 companies for Current Ratio. This puts Groupe Carnivor in the upper half of its industry. The industry median Current Ratio is 1.73. Groupe Carnivor's value of 2.03 is 17.3% above this benchmark. Historically, Groupe Carnivor's own Current Ratio has ranged from 2.03 to 9.67 over the past decade. While the company's 10-year median is 7.12 vs. the industry median of 1.73, Groupe Carnivor has consistently been above the industry average. 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,985 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. Groupe Carnivor's current Current Ratio of 2.03 is 17.3% 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Groupe Carnivor's current Current Ratio is 2.03, which is 71% below median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Groupe Carnivor stock overvalued right now?
Groupe Carnivor (XPAR:MLGRC) has a current Current Ratio of 2.03. The current Current Ratio is 2.03, which is 71% below median its 10-year median of 7.12 and 17.3% above the Consumer Packaged Goods industry median of 1.73. Groupe Carnivor's overall GF Score™ is 11/100 with 6 warning signs to review. 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 Groupe Carnivor (XPAR:MLGRC), the current Current Ratio is 2.03 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.
Groupe Carnivor SA is engaged in rocessing and distribution of meat and meat products. The products of the company includes meat products, dairy products, fresh pasta, ready meals, and others.
11GF Score
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