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. Dun & Bradstreet Holdings's current ratio for the quarter that ended in Jun. 2021 was 0.64.
Dun & Bradstreet Holdings has a current ratio of 0.64. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Dun & Bradstreet Holdings has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Dun & Bradstreet Holdings's Current Ratio or its related term are showing as below:
NYSE:DNB'
s Current Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.63 Max: 1.06
Current: 0.64
0.2
-
1.06
During the past 4 years, Dun & Bradstreet Holdings's highest Current Ratio was 1.06. The lowest was 0.20. And the median was 0.63.
NYSE:DNB's Current Ratio is ranked lower than
99.99% of the 532
Companies
in the Software industry.
( Industry Median: 1.74
vs. NYSE:DNB: 0.64
)
Dun & Bradstreet Holdings Current Ratio Historical Data
The historical data trend for Dun & Bradstreet 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.
Dun & Bradstreet Holdings Annual Data
Trend
Dec17
Dec18
Dec19
Dec20
Current Ratio
-
0.41
0.38
1.06
Dun & Bradstreet Holdings Quarterly Data
Dec17
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Current Ratio
0.20
0.92
1.06
0.68
0.64
Competitive Comparison
For the Information Technology Services subindustry, Dun & Bradstreet 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.
Dun & Bradstreet Holdings Current Ratio Distribution
For the Software industry and Technology sector, Dun & Bradstreet Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Dun & Bradstreet Holdings's Current Ratio falls into.
Dun & Bradstreet 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.
Dun & Bradstreet Holdings's Current Ratio for the fiscal year that ended in Dec. 2020
* 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.
Dun & Bradstreet Holdings (NYSE:DNB) 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.
Dun & Bradstreet Holdings Current Ratio Related Terms
Thank you for viewing the detailed overview of Dun & Bradstreet Holdings's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Dun & Bradstreet Holdings Inc is one of the leading providers of business decisioning data and analytics. The company provides commercial credit decisioning, which helps businesses to make informed decisions when considering extending business loans and trade credit. Also, the company offers solutions to firms looking to analyze supplier relationships and more effectively collect outstanding receivables. Its operating segment includes North America and International. The company generates maximum revenue from the North American region. Other services provided by the company include digital marketing, sales acceleration, and risk management among others.
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