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ATRM Holdings (FRA:AEM1) Current Ratio : 0.29 (As of Jun. 2019)


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What is ATRM Holdings Current Ratio?

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. ATRM Holdings's current ratio for the quarter that ended in Jun. 2019 was 0.29.

ATRM Holdings has a current ratio of 0.29. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If ATRM Holdings 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 ATRM Holdings's Current Ratio or its related term are showing as below:

FRA:AEM1' s Current Ratio Range Over the Past 10 Years
Min: 0.28   Med: 5.44   Max: 20.4
Current: 0.29

During the past 13 years, ATRM Holdings's highest Current Ratio was 20.40. The lowest was 0.28. And the median was 5.44.

FRA:AEM1's Current Ratio is not ranked
in the Construction industry.
Industry Median: 1.56 vs FRA:AEM1: 0.29

ATRM Holdings Current Ratio Historical Data

The historical data trend for ATRM Holdings'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.

ATRM Holdings Current Ratio Chart

ATRM Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.73 0.54 0.43 0.32

ATRM Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Current Ratio Get a 7-Day Free Trial 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 0.52 0.41 0.32 0.28 0.29

Competitive Comparison of ATRM Holdings's Current Ratio

For the Engineering & Construction subindustry, ATRM Holdings'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.


ATRM Holdings's Current Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ATRM Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where ATRM Holdings's Current Ratio falls into.



ATRM Holdings 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.

ATRM Holdings's Current Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Current Ratio (A: Dec. 2018 )=Total Current Assets (A: Dec. 2018 )/Total Current Liabilities (A: Dec. 2018 )
=5.426/16.854
=0.32

ATRM Holdings's Current Ratio for the quarter that ended in Jun. 2019 is calculated as

Current Ratio (Q: Jun. 2019 )=Total Current Assets (Q: Jun. 2019 )/Total Current Liabilities (Q: Jun. 2019 )
=3.805/13.278
=0.29

* 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.


ATRM Holdings  (FRA:AEM1) 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.


ATRM Holdings Current Ratio Related Terms

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ATRM Holdings (FRA:AEM1) Business Description

Traded in Other Exchanges
N/A
Address
5215 Gershwin Avenue North, Oakdale, MN, USA, 55128
ATRM Holdings Inc through its wholly-owned subsidiaries manufactures modular housing units for commercial and residential applications. The company manages and organizes its business in two distinct reportable segments: Modular Building Manufacturing and Structural Wall Panel Manufacturing. The Modular Building Manufacturing segment manufactures modular buildings for both single-family residential homes and larger, commercial building projects. The Structural Wall Panel Manufacturing segment which also includes the building supply retail operations manufactures structural wall panels for both residential and commercial projects as well as permanent wood foundation systems for residential homes.

ATRM Holdings (FRA:AEM1) Headlines

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