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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. AquaVenture Holdings's current ratio for the quarter that ended in Dec. 2019 was 3.41.
AquaVenture Holdings has a current ratio of 3.41. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for AquaVenture Holdings's Current Ratio or its related term are showing as below:
The historical data trend for AquaVenture 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.
AquaVenture Holdings Annual Data | ||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | |||||||||
Current Ratio | Get a 7-Day Free Trial | - | - | - | 2.48 | 3.41 |
AquaVenture Holdings Quarterly Data | ||||||||||||||||||||
Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | |
Current Ratio | Get a 7-Day Free Trial | 2.48 | 2.60 | 2.49 | 4.09 | 3.41 |
For the Utilities - Regulated Water subindustry, AquaVenture 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.
For the Utilities - Regulated industry and Utilities sector, AquaVenture Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where AquaVenture Holdings's Current Ratio falls into.
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.
AquaVenture Holdings's Current Ratio for the fiscal year that ended in Dec. 2019 is calculated as
Current Ratio (A: Dec. 2019 ) | = | Total Current Assets (A: Dec. 2019 ) | / | Total Current Liabilities (A: Dec. 2019 ) |
= | 163.138 | / | 47.907 | |
= | 3.41 |
AquaVenture Holdings's Current Ratio for the quarter that ended in Dec. 2019 is calculated as
Current Ratio (Q: Dec. 2019 ) | = | Total Current Assets (Q: Dec. 2019 ) | / | Total Current Liabilities (Q: Dec. 2019 ) |
= | 163.138 | / | 47.907 | |
= | 3.41 |
* 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.
AquaVenture Holdings (NYSE:WAAS) 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.
Thank you for viewing the detailed overview of AquaVenture Holdings's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Gpe Viii Gp Limited Partnership | 10 percent owner | C/O ADVENT INTERNATIONAL CORP., 75 STATE STREET, BOSTON MA 02109 |
Advent International Gpe Viii-b-3 Limited Partnership | 10 percent owner | 800 BOYLSTON STREET, SUITE 3300, BOSTON MA 02199 |
Advent International Gpe Viii-l Limited Partnership | 10 percent owner | 800 BOYLSTON STREET, SUITE 3300, BOSTON MA 02199 |
Advent Partners Gpe Viii Limited Partnership | 10 percent owner | C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSON STREET, SUITE 3300, BOSTON MA 02199 |
Advent Partners Gpe Viii-a Limited Partnership | 10 percent owner | C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 330, BOSTON MA 02199 |
Advent Partners Gpe Viii Cayman Limited Partnership | 10 percent owner | C/O ADVENT INTERNATIONAL CORPORATION, 100 NORTHERN AVENUE, BOSTON MA 02199 |
Advent Partners Gpe Viii-b Cayman Limited Partnership | 10 percent owner | C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199 |
Advent Partners Gpe Viii-a Cayman Limited Partnership | 10 percent owner | C/O ADVENT INTERNATIONAL CORPORATION, 100 NORTHERN AVENUE, BOSTON MA 02199 |
Advent International Gpe Viii, Llc | 10 percent owner | 800 BOYLSTON STREET SUITE 3300, CARE OF ADVENT INTERNATIONAL, BOSTON MA 02199 |
Ap Gpe Viii Gp Limited Partnership | 10 percent owner | C/O ADVENT INTERNATIONAL CORP., 75 STATE STREET, BOSTON MA 02109 |
Advent International Gpe Viii-b-2 Limited Partnership | 10 percent owner | 800 BOYLSTON STREET, SUITE 3300, BOSTON MA 02199 |
Gpe Viii Gp S.a.r.l. | 10 percent owner | CO ADVENT INTERNATIONAL, 800 BOYLSTON STREET, BOSTON MA 02199 |
Anthony Ibarguen | director, officer: President & CEO | ALLIANCE CONSULTING GROUP ASSOCIATES, IN, 181 WASHINGTON STREET - SUITE 350, CONSHOHOCKEN PA 19428 |
Element Partners Ii Lp | 10 percent owner | C/O ELEMENT VENTURE PARTNERS LLC, THREE RADNOR CORPORATE CENTER, SUITE 410, RADNOR PA 19087 |
Element Partners Ii Intrafund Lp | 10 percent owner | C/O ELEMENT VENTURE PARTNERS LLC, 100 MATSONFORD ROAD, SUITE 410, RADNOR PA 19087 |
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