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Vestin Realty Mortgage I (Vestin Realty Mortgage I) Current Ratio

: 1.42 (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. Vestin Realty Mortgage I's current ratio for the quarter that ended in Dec. 2016 was 1.42.

Vestin Realty Mortgage I has a current ratio of 1.42. It generally indicates good short-term financial strength.

The historical rank and industry rank for Vestin Realty Mortgage I's Current Ratio or its related term are showing as below:

VRTA's Current Ratio is not ranked *
in the Banks industry.
Industry Median: 3.1
* Ranked among companies with meaningful Current Ratio only.

Vestin Realty Mortgage I Current Ratio Historical Data

The historical data trend for Vestin Realty Mortgage I'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.

Vestin Realty Mortgage I Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.03 102.41 1.05 1.05 1.42

Vestin Realty Mortgage I Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Jun16 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 2.95 2.20 1.05 1.70 1.42

Competitive Comparison

For the Mortgage Finance subindustry, Vestin Realty Mortgage I'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.


Vestin Realty Mortgage I Current Ratio Distribution

For the Banks industry and Financial Services sector, Vestin Realty Mortgage I's Current Ratio distribution charts can be found below:

* The bar in red indicates where Vestin Realty Mortgage I's Current Ratio falls into.



Vestin Realty Mortgage I 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.

Vestin Realty Mortgage I's Current Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Current Ratio (A: Dec. 2016 )=Total Current Assets (A: Dec. 2016 )/Total Current Liabilities (A: Dec. 2016 )
=3.139/2.212
=1.42

Vestin Realty Mortgage I'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 )
=3.139/2.212
=1.42

* 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.


Vestin Realty Mortgage I  (OTCPK:VRTA) 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.


Vestin Realty Mortgage I Current Ratio Related Terms

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Vestin Realty Mortgage I (Vestin Realty Mortgage I) Business Description

Traded in Other Exchanges
N/A
Address
9130 West Post Road, Suite 130, Las Vegas, NV, USA, 89148
Vestin Realty Mortgage I Inc invests in loans secured by commercial real estate and also invests in, acquires, manages or sells commercial real property, investments in dividend paying securities and also invests in entities involved in the ownership or management of commercial real property. The company operates in two reportable segments namely investments in real estate loans and investments in real property.