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Mad Catz Interactive Current Ratio

: 0.73 (As of Dec. 2016)
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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. Mad Catz Interactive's current ratio for the quarter that ended in Dec. 2016 was 0.73.

Mad Catz Interactive has a current ratio of 0.73. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Mad Catz Interactive 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 Mad Catz Interactive's Current Ratio or its related term are showing as below:


Mad Catz Interactive Current Ratio Historical Data

The historical data trend for Mad Catz Interactive'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.

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 1.37 1.23 1.13 0.80

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.99 0.80 0.65 0.73 0.73

Competitive Comparison

For the Computer Hardware subindustry, Mad Catz Interactive'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.

   

Mad Catz Interactive Current Ratio Distribution

For the Hardware industry and Technology sector, Mad Catz Interactive's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mad Catz Interactive's Current Ratio falls into.



Mad Catz Interactive 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.

Mad Catz Interactive's Current Ratio for the fiscal year that ended in Mar. 2016

Current Ratio (A: Mar. 2016 )=Total Current Assets (A: Mar. 2016 )/Total Current Liabilities (A: Mar. 2016 )
=39.832/49.829
=0.80

Mad Catz Interactive's Current Ratio for the quarter that ended in Dec. 2016 is calculated as

Current Ratio (Q: Dec. 2016 )=Total Current Assets (Q: Dec. 2016 )/Total Current Liabilities (Q: Dec. 2016 )
=29.899/40.875
=0.73

* 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.


Mad Catz Interactive  (OTCPK:MCZAF) 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.


Mad Catz Interactive Current Ratio Related Terms

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Mad Catz Interactive Business Description

Mad Catz Interactive logo
Industry
Technology » Hardware NAICS : 334118 SIC : 3361
Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.
Executives
Mcginnis Karen K director, officer: President & CEO INSIGHT ENTERPRISES INC 1305 WEST AUTO DRIVE TEMPE AZ 85284
Brown Thomas R director 15378 AVENUE OF SCIENCE SUITE 100 SAN DIEGO CA 92128
Perlis Morris director C/O COUNSEL CORPORATION 700 - 1 TORONTO ST. TORONTO A6 M5C 2V6
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