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eMagin Current Ratio

: 1.94 (As of Sep. 2021)
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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. eMagin's current ratio for the quarter that ended in Sep. 2021 was 1.94.

eMagin has a current ratio of 1.94. It generally indicates good short-term financial strength.

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

AMEX:EMAN' s Current Ratio Range Over the Past 10 Years
Min: 0.06   Med: 2.58   Max: 8.59
Current: 1.94

0.06
8.59

During the past 13 years, eMagin's highest Current Ratio was 8.59. The lowest was 0.06. And the median was 2.58.

AMEX:EMAN's Current Ratio is ranked higher than
50% of the 2356 Companies
in the Hardware industry.

( Industry Median: 1.95 vs. AMEX:EMAN: 1.94 )

eMagin Current Ratio Historical Data

The historical data trend for eMagin'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.

eMagin Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.66 1.88 2.18 2.00 1.85

eMagin Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Current Ratio 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 Premium Member Only Premium Member Only Premium Member Only 2.35 1.85 1.45 1.56 1.94

Competitive Comparison

For the Electronic Components subindustry, eMagin'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.

   

eMagin Current Ratio Distribution

For the Hardware industry and Technology sector, eMagin's Current Ratio distribution charts can be found below:

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



eMagin 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.

eMagin's Current Ratio for the fiscal year that ended in Dec. 2020

Current Ratio (A: Dec. 2020 )=Total Current Assets (A: Dec. 2020 )/Total Current Liabilities (A: Dec. 2020 )
=26.328/14.266
=1.85

eMagin's Current Ratio for the quarter that ended in Sep. 2021 is calculated as

Current Ratio (Q: Sep. 2021 )=Total Current Assets (Q: Sep. 2021 )/Total Current Liabilities (Q: Sep. 2021 )
=22.971/11.862
=1.94

* 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.


eMagin  (AMEX:EMAN) 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.


eMagin Current Ratio Related Terms

Thank you for viewing the detailed overview of eMagin's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


eMagin Business Description

eMagin logo
Industry
Technology » Hardware NAICS : 334419 SIC : 3679
Traded in Other Exchanges
Address
700 South Drive, Suite 201, Hopewell Junction, NY, USA, 12533
eMagin Corp designs, develop, manufactures, and markets organic light-emitting diode, or OLED miniature displays, OLED-on-silicon microdisplays, virtual imaging products that utilize OLED micro displays, and related products. The company's OLED displays are used in a variety of products, including military aviation helmets, military weapons sights & targeting systems, night vision & thermal imaging devices, training & simulation, visualization for ocular surgery, mobile ultrasound, and augmented reality applications. Its geographical segments are North & South America; Europe, Middle East, & Africa; and the Asia Pacific.
Executives
Cronson Paul C director C/O LARKSPUR CORP 445 PARK AVE NEW YORK NY 10022
Wittels Jill director 3006 NORTHUP WAY #103 BELLEVUE WA 98004
Richstone Ellen B director C/O SONUS NETWORKS, INC. 7 TECHNOLOGY PARK DRIVE WESTFORD MA 01886
Seay Stephen director 10500 N.E. 8TH STREET, SUITE 1400 BELLEVUE WA 98004
Sculley Andrew George Jr officer: President/CEO 260 BRIAR DRIVE MARTINEZ CA 94553
Braddom Eric director C/O EMAGIN CORPORATION 2070 ROUTE 52 BLDG 334 HOPEWELL JUNCTION NY 12533
Koch Mark A officer: CFO C/O DEL GLOBAL TECHNOLOGIES CORP. ONE COMMERCE PARK VALHALLA NY 10595
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE SUITE 2600 NEW YORK NY 10022
Brody Christopher Scott director STILLWATER LLC 655 MADISON AVE NEW YORK NY 10065
Costello Stephen officer: S V P Strategic Partnerships C/O EMAGIN CORPORATION 2070 ROUTE 52 BUILDING 334 HOPEWELL JUNCTION NY 12533
Polgar Leslie G director 3006 NORTHUP WAY SUITE 103 BELLEVUE WA 98004
Saltarelli Joseph other: Sr. VP of Manufacturing C/O EMAGIN CORPORATION 2070 ROUTE 52 BLDG 334 HOPEWELL JUNCTION NY 12533
Lucas Jeffrey P officer: Chief Financial Officer C/O EMAGIN CORP. 2070 ROUTE 52 HOPEWELL JUNCTION NY 12533
Ghosh Amalkumar officer: Sr. VP, R&D 2070 ROUTE 52 HOPEWELL JUNCTION NY 12533
Olivier Prache officer: Sr. VP Product Development 213 MANVILLE ROAD PLEASANTVILLE NY 10570

eMagin Headlines

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