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Fair Isaac Current Ratio

: 1.23 (As of Jun. 2022)
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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. Fair Isaac's current ratio for the quarter that ended in Jun. 2022 was 1.23.

Fair Isaac has a current ratio of 1.23. It generally indicates good short-term financial strength.

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

FICO' s Current Ratio Range Over the Past 10 Years
Min: 0.62   Med: 2.22   Max: 6.79
Current: 1.23

During the past 13 years, Fair Isaac's highest Current Ratio was 6.79. The lowest was 0.62. And the median was 2.22.

FICO's Current Ratio is ranked worse than
74.47% of 2714 companies
in the Software industry
Industry Median: 1.96 vs FICO: 1.23

Fair Isaac Current Ratio Historical Data

The historical data trend for Fair Isaac'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.

Fair Isaac Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.84 0.93 1.29 0.99

Fair Isaac Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 1.02 0.99 1.44 1.26 1.23

Competitive Comparison

For the Software - Application subindustry, Fair Isaac'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.

   

Fair Isaac Current Ratio Distribution

For the Software industry and Technology sector, Fair Isaac's Current Ratio distribution charts can be found below:

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



Fair Isaac 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.

Fair Isaac's Current Ratio for the fiscal year that ended in Sep. 2021

Current Ratio (A: Sep. 2021 )=Total Current Assets (A: Sep. 2021 )/Total Current Liabilities (A: Sep. 2021 )
=550.974/559.207
=0.99

Fair Isaac's Current Ratio for the quarter that ended in Jun. 2022 is calculated as

Current Ratio (Q: Jun. 2022 )=Total Current Assets (Q: Jun. 2022 )/Total Current Liabilities (Q: Jun. 2022 )
=473.257/383.855
=1.23

* 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.


Fair Isaac  (NYSE:FICO) 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.


Fair Isaac Current Ratio Related Terms

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Fair Isaac Business Description

Fair Isaac logo
Traded in Other Exchanges
Address
5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Fair Isaac Corp is an applied analytics company. The firm operates in two segments: Software segment that includes pre-configured analytic and decision management solutions designed for a specific type of business need or process - such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing - as well as associated professional services. Scores segment includes business-to-business scoring solutions and services which give clients access to predictive credit and other scores.
Executives
Covert Stephanie officer: Executive Vice President 181 METRO DR. SAN JOSE CA 95110
Bowers Thomas A. officer: Executive Vice President 181 METRO DR. #600 SAN JOSE CA 95110
Arredondo Fabiola R director ONE CAMPBELL PLACE CAMDEN NJ 08103
Moldt Claus officer: Executive Vice President & CTO 181 METRO DR. #600 SAN JOSE CA 95110
Mclaughlin Michael I. officer: Executive Vice President & CFO 181 METRO DR. SUITE 600 SAN JOSE CA 95110
Manolis Eva director C/O SHUTTERFLY, INC. 2800 BRIDGE PARKWAY REDWOOD CITY CA 94065
Begor Mark W director 181 METRO DRIVE SAN JOSE CA 95110
Mcmorris Marc F director 181 METRO DRIVE SAN JOSE CA 95110
Rees Joanna director LEAPFROG ENTERPRISES, INC. 6401 HOLLIS STREET SUITE 100 EMERYVILLE CA 94608
Huyard Wayne Elliot officer: Executive Vice President 181 METRO DRIVE SAN JOSE CA 95110
Gianforte Greg R director C/O FAIR ISAAC CORPORATION 181 METRO DRIVE SAN JOSE CA 95110
Kelly Braden R director 181 METRO DRIVE SAN JOSE CA 95110
Gordon Michael J officer: Executive Vice President 181 METRO DRIVE SAN JOSE CA 95110
Wells Stuart officer: Executive Vice President 181 METRO DRIVE SAN JOSE CA 95110
Wehmann James M officer: Executive Vice President 181 METRO DRIVE SAN JOSE CA 95110

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