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Maxar Technologies (Maxar Technologies) Current Ratio : 0.81 (As of Mar. 2023)


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What is Maxar Technologies 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. Maxar Technologies's current ratio for the quarter that ended in Mar. 2023 was 0.81.

Maxar Technologies has a current ratio of 0.81. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Maxar Technologies 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 Maxar Technologies's Current Ratio or its related term are showing as below:

MAXR' s Current Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.97   Max: 2.61
Current: 0.81

During the past 13 years, Maxar Technologies's highest Current Ratio was 2.61. The lowest was 0.61. And the median was 0.97.

MAXR's Current Ratio is not ranked
in the Hardware industry.
Industry Median: 2.01 vs MAXR: 0.81

Maxar Technologies Current Ratio Historical Data

The historical data trend for Maxar Technologies'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.

Maxar Technologies Current Ratio Chart

Maxar Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.27 0.71 0.85 0.83

Maxar Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.82 1.00 0.98 0.83 0.81

Competitive Comparison of Maxar Technologies's Current Ratio

For the Communication Equipment subindustry, Maxar Technologies'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.


Maxar Technologies's Current Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxar Technologies's Current Ratio distribution charts can be found below:

* The bar in red indicates where Maxar Technologies's Current Ratio falls into.



Maxar Technologies 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.

Maxar Technologies's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=608/736
=0.83

Maxar Technologies's Current Ratio for the quarter that ended in Mar. 2023 is calculated as

Current Ratio (Q: Mar. 2023 )=Total Current Assets (Q: Mar. 2023 )/Total Current Liabilities (Q: Mar. 2023 )
=628/779
=0.81

* 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.


Maxar Technologies  (NYSE:MAXR) 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.


Maxar Technologies Current Ratio Related Terms

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Maxar Technologies (Maxar Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1300 W. 120th Avenue, Westminster, CO, USA, 80234
Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data, and analytics. Its operating segments include Earth Intelligence and Space Infrastructure. Earth Intelligence segment is a provider of advanced geospatial information, applications, and analytic services for national security and commercial solutions, Space Infrastructure segment is engaged in space-based infrastructure, robotics, subsystems, and information solutions to satellite operators and government agencies.
Executives
Eric J Zahler director 600 THIRD AVENUE, NEW YORK NY 10016
Daniel L Jablonsky officer: Group Pres., DigitalGlobe 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Howell M Estes director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher J. Johnson officer: SVP and GM, Maxar Space 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Biggs C Porter officer: EVP, CFO TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201
Daniel Nord officer: SVP and GM, Enterprise 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Iii Jeff Robertson officer: SVP, Operations 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
James Ci Lee officer: SVP, General Counsel & Secty MAXAR TECHNOLOGIES, INC., 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Nick Cyprus director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Elizabeth Andora officer: SVP and CHRO 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Leon Anthony Frazier officer: Group Pres, Radiant Solutions 2325 DULLES CORNER BLVD., SUITE 1000, HERNDON VA 20171
Walter S. Scott officer: EVP and CTO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Heather A Wilson director 501 EAST SAINT JOSEPH STREET, RAPID CITY SD 57701
Joanne O'rourke Isham director 1140 E. ARQUES AVENUE, SUNNYVALE CA 94805