Advance Nanotek Current ratio
Qual é o Current ratio de Advance Nanotek?
O Current ratio de Advance Nanotek Limited é 7.81
Qual é a definição de Current ratio?
O índice atual é um índice de liquidez que mede se uma empresa possui ou não recursos suficientes para cumprir suas obrigações de curto prazo.
The current ratio is an indication of a company's liquidity and measures the capability to meet a company's short-term obligations. It compares a firm's current assets to its current liabilities, and is expressed as current assets divided by current liabilities. The ratio is only useful when two companies are compared within industry because inter industry business operations differ substantially. To determine liquidity, the current ratio is not as helpful as the quick ratio, because it includes all those assets that may not be easily liquidated, like prepaid expenses and inventory.
Acceptable current ratios vary from industry to industry. In many cases an investor would consider a high current ratio to be better than a low current ratio, because a high current ratio indicates that the company is more likely to pay the investor back. Large current ratios are not always a good sign for investors. If the company's current ratio is too high it may indicate that the company is not efficiently using its current assets or its short-term financing facilities. If current liabilities exceed current assets the current ratio will be less than 1. A current ratio of less than 1 indicates that the company may have problems meeting its short-term obligations.
Some types of businesses can operate with a current ratio of less than one however. If inventory turns into cash much more rapidly than the accounts payable become due, then the firm's current ratio can comfortably remain less than one. Inventory is valued at the cost of acquiring it and the firm intends to sell the inventory for more than this cost. The sale will therefore generate substantially more cash than the value of inventory on the balance sheet. Low current ratios can also be justified for businesses that can collect cash from customers long before they need to pay their suppliers.
Current ratio de empresas na Setor Materials em ASX em comparação com Advance Nanotek
O que Advance Nanotek faz?
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.
Empresas com current ratio semelhantes a Advance Nanotek
- Alpine Income Property Trust Inc tem Current ratio de 7.80
- Legend Power Systems tem Current ratio de 7.80
- Reunion Gold tem Current ratio de 7.80
- Gogold Resources tem Current ratio de 7.81
- Physiomics Plc tem Current ratio de 7.81
- North Atlantic Smaller Cos Investment Trust Plc tem Current ratio de 7.81
- Advance Nanotek tem Current ratio de 7.81
- Shaw Brothers tem Current ratio de 7.81
- Intra-Cellular Therapies Inc tem Current ratio de 7.81
- Pimco California Municipal Income Fund III tem Current ratio de 7.82
- Resource Base Ltd tem Current ratio de 7.82
- CS Disco tem Current ratio de 7.82
- Century Communities Inc tem Current ratio de 7.82