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Equifax Current Ratio

: 1.53 (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. Equifax's current ratio for the quarter that ended in Sep. 2021 was 1.53.

Equifax has a current ratio of 1.53. It generally indicates good short-term financial strength.

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

NYSE:EFX' s Current Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.2   Max: 2.29
Current: 1.53

0.36
2.29

During the past 13 years, Equifax's highest Current Ratio was 2.29. The lowest was 0.36. And the median was 1.20.

NYSE:EFX's Current Ratio is ranked lower than
66% of the 319 Companies
in the Business Services industry.

( Industry Median: 1.54 vs. NYSE:EFX: 1.53 )

Equifax Current Ratio Historical Data

The historical data trend for Equifax'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.

Equifax 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 0.53 0.60 1.09 0.89 1.00

Equifax 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 0.97 1.00 0.71 0.71 1.53

Competitive Comparison

For the Consulting Services subindustry, Equifax'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.

   

Equifax Current Ratio Distribution

For the Business Services industry and Industrials sector, Equifax's Current Ratio distribution charts can be found below:

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



Equifax 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.

Equifax'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 )
=2478.3/2483.1
=1.00

Equifax'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 )
=2890.3/1886.9
=1.53

* 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.


Equifax  (NYSE:EFX) 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.


Equifax Current Ratio Related Terms

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


Equifax Business Description

Equifax logo
Industry
Industrials » Business Services NAICS : 561450 SIC : 7323
Traded in Other Exchanges
Address
1550 Peachtree Street N.W., Atlanta, GA, USA, 30309
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.
Executives
Bindal Sunil officer: SVP, Corp Development EQUIFAX INC. 1550 PEACHTREE STREET NW ATLANTA GA 30309
Marshall Siri S director NUMBER ONE GENERAL MILLS BLVD MINNEAPOLIS MN 55426
Stock Elane B director 351 PHELPS DRIVE IRVING TX 75038
Houston Julia A officer: Chief Transformation Officer 1155 PERIMETER CENTER WEST ATLANTA GA 30338
Dhore Prasanna officer: Chief Data & Analytics Officer 10375 PROFESSIONAL CIRCLE RENO NV 89521
Griggs James M officer: SVP & Corp Controller 1550 PEACHTREE STREET NW ATLANTA GA 30309
Gamble John W Jr officer: Chief Financial Officer ONE LEXMARK CENTRE DR 740 WEST NEW CIRCLE RD LEXINGTON KY 40550
Koehler Bryson R officer: Chief Technology Officer 1550 PEACHTREE STREET NW ATLANTA GA 30309
Kelley John J Iii officer: Chief Legal Officer 1550 PEACHTREE STREET, NW ATLANTA GA 30309
Mcgregor Scott A director 5300 CALIFORNIA AVENUE IRVINE CA 92617
Wilson Heather H director 1550 PEACHTREE STREET NW ATLANTA 2Q 30309
Hough G. Thomas director P.O. BOX 407 LAKELAND FL 33802
Mckinley John A director C/O EQUIFAX INC 1550 PEACHTREE STREET NW ATLANTA GA 30309
Marcus Robert D director C/O TIME WARNER CABLE INC. 60 COLUMBUS CIRCLE, 17TH FLOOR NEW YORK NY 10023
Selander Robert W director MASTERCARD INTERNATIONAL 2000 PURCHASE STREET PURCHASE NY 10577

Equifax Headlines

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