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Sentinel Energy Services Current Ratio

: 0.04 (As of Sep. 2019)
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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. Sentinel Energy Services's current ratio for the quarter that ended in Sep. 2019 was 0.04.

Sentinel Energy Services has a current ratio of 0.04. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Sentinel Energy Services has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

NAS:STNL' s Current Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.76   Max: 24.16
Current: 0.04

0.04
24.16

During the past 2 years, Sentinel Energy Services's highest Current Ratio was 24.16. The lowest was 0.04. And the median was 0.76.

NAS:STNL's Current Ratio is not ranked
in the Diversified Financial Services industry.

( Industry Median: 3.18 vs. NAS:STNL: 0.04 )

Sentinel Energy Services Current Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Sentinel Energy Services Annual Data
Dec17 Dec18
Current Ratio 53.75 0.08

Sentinel Energy Services Quarterly Data
May17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.08 0.25 0.10 0.04

Competitive Comparison
* 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.


Sentinel Energy Services Current Ratio Distribution

* The bar in red indicates where Sentinel Energy Services's Current Ratio falls into.



Sentinel Energy Services 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.

Sentinel Energy Services's Current Ratio for the fiscal year that ended in Dec. 2018

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=0.238/2.821
=0.08

Sentinel Energy Services's Current Ratio for the quarter that ended in Sep. 2019 is calculated as

Current Ratio (Q: Sep. 2019 )=Total Current Assets (Q: Sep. 2019 )/Total Current Liabilities (Q: Sep. 2019 )
=0.209/5.959
=0.04

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Sentinel Energy Services  (NAS:STNL) 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.


Sentinel Energy Services Current Ratio Related Terms


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