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Cham Group AG (XSWX:CHAM) Current Ratio : 14.55 (As of Dec. 2019)


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What is Cham Group AG 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. Cham Group AG's current ratio for the quarter that ended in Dec. 2019 was 14.55.

Cham Group AG has a current ratio of 14.55. 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 Cham Group AG's Current Ratio or its related term are showing as below:

XSWX:CHAM's Current Ratio is not ranked *
in the Real Estate industry.
Industry Median: 1.64
* Ranked among companies with meaningful Current Ratio only.

Cham Group AG Current Ratio Historical Data

The historical data trend for Cham Group 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.

* Premium members only.

Cham Group AG Current Ratio Chart

Cham Group AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 1.66 2.43 11.60 14.55

Cham Group AG Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 2.43 42.15 11.60 15.90 14.55

Competitive Comparison of Cham Group AG's Current Ratio

For the Real Estate Services subindustry, Cham Group 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.


Cham Group AG's Current Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cham Group AG's Current Ratio distribution charts can be found below:

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



Cham Group 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.

Cham Group AG's Current Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Current Ratio (A: Dec. 2019 )=Total Current Assets (A: Dec. 2019 )/Total Current Liabilities (A: Dec. 2019 )
=106.798/7.341
=14.55

Cham Group AG's Current Ratio for the quarter that ended in Dec. 2019 is calculated as

Current Ratio (Q: Dec. 2019 )=Total Current Assets (Q: Dec. 2019 )/Total Current Liabilities (Q: Dec. 2019 )
=106.798/7.341
=14.55

* 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.


Cham Group AG  (XSWX:CHAM) 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.


Cham Group AG Current Ratio Related Terms

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Cham Group AG (XSWX:CHAM) Business Description

Traded in Other Exchanges
N/A
Address
Fabrikstrasse, Cham, CHE, CH-6330
Cham Group AG is a real estate company. It is engaged in the development of the Papieri site in the center of Cham. Its business model includes entire lifecycle of properties from development through construction to management and value preservation.

Cham Group AG (XSWX:CHAM) Headlines

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