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. Value Line's current ratio for the quarter that ended in Jan. 2023 was 2.85.
Value Line has a current ratio of 2.85. It generally indicates good short-term financial strength.
The historical rank and industry rank for Value Line's Current Ratio or its related term are showing as below:
VALU'
s Current Ratio Range Over the Past 10 Years
Min: 0.58 Med: 2.63 Max: 12.93
Current: 2.85
During the past 13 years, Value Line's highest Current Ratio was 12.93. The lowest was 0.58. And the median was 2.63.
VALU's Current Ratio is ranked better than 57.25% of 641
companies
in the Capital Markets industry
Industry Median: 2.29
vs VALU: 2.85
Value Line Current Ratio Historical Data
The historical data trend for Value Line'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.
Value Line Annual Data
Trend
Apr13
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Current Ratio
1.07
1.24
1.51
1.83
2.58
Value Line Quarterly Data
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Jul22
Oct22
Jan23
Current Ratio
2.43
2.58
2.66
2.71
2.85
Competitive Comparison
For the Financial Data & Stock Exchanges subindustry, Value Line'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.
Value Line Current Ratio Distribution
For the Capital Markets industry and Financial Services sector, Value Line's Current Ratio distribution charts can be found below:
* The bar in red indicates where Value Line's Current Ratio falls in comparison to its industry or sector. The grey bar indicates the Current Ratio's extreme value range as defined by GuruFocus.
Value Line 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.
Value Line's Current Ratio for the fiscal year that ended in Apr. 2022
* 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.
Value Line (NAS:VALU) 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.
Value Line Current Ratio Related Terms
Thank you for viewing the detailed overview of Value Line's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Value Line Inc is a U.S based company. It produces investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes. The company markets under well-known brands including Value Line, the Value Line logo, The Value Line Investment Survey, Smart Research, Smarter Investing and The Most Trusted Name in Investment Research. Its only operating segment being Publishing.
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