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Origin Enterprises Current Ratio

: 1.24 (As of Jan. 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. Origin Enterprises's current ratio for the quarter that ended in Jan. 2022 was 1.24.

Origin Enterprises has a current ratio of 1.24. It generally indicates good short-term financial strength.

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

ORENF' s Current Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.25   Max: 1.49
Current: 1.24

During the past 13 years, Origin Enterprises's highest Current Ratio was 1.49. The lowest was 0.99. And the median was 1.25.

ORENF's Current Ratio is ranked worse than
69.95% of 1830 companies
in the Consumer Packaged Goods industry
Industry Median: 1.70 vs ORENF: 1.24

Origin Enterprises Current Ratio Historical Data

The historical data trend for Origin Enterprises'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.

Origin Enterprises Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 1.20 1.18 1.25 1.18

Origin Enterprises Semi-Annual Data
Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
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 1.49 1.25 1.35 1.18 1.24

Competitive Comparison

For the Farm Products subindustry, Origin Enterprises'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.

   

Origin Enterprises Current Ratio Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Origin Enterprises's Current Ratio distribution charts can be found below:

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



Origin Enterprises 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.

Origin Enterprises's Current Ratio for the fiscal year that ended in Jul. 2021

Current Ratio (A: Jul. 2021 )=Total Current Assets (A: Jul. 2021 )/Total Current Liabilities (A: Jul. 2021 )
=995.17612293144/843.1524822695
=1.18

Origin Enterprises's Current Ratio for the quarter that ended in Jan. 2022 is calculated as

Current Ratio (Q: Jan. 2022 )=Total Current Assets (Q: Jan. 2022 )/Total Current Liabilities (Q: Jan. 2022 )
=978.40497737557/789.72171945701
=1.24

* 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.


Origin Enterprises  (OTCPK:ORENF) 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.


Origin Enterprises Current Ratio Related Terms

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Origin Enterprises Business Description

Origin Enterprises logo
Industry
Traded in Other Exchanges
Address
4-6 Riverwalk, Citywest Business Campus, Dublin, IRL, 24
Origin Enterprises PLC is an agri-service business with operations throughout Europe. It provides technologies and strategic products to support food production systems for primary food producers. The company acts as an advisor for varietal selection, nutrition, crop protection, and other techniques to improve crop performance. Fertilizers, animal feed, seeds, and other agricultural supplements are sold to enhance farming productivity. It delivers products to farms from local distribution centers, and agronomists study the timing of applications to achieve the best results for customers. Farm visitations happen throughout each year, and soil and tissue analysis is conducted to either stop deficiencies or prevent future occurrences.

Origin Enterprises Headlines

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