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Power Machines - ZTL LMZ Electrosila Energomachexp (RTC:IGSTP.PFD) Current Ratio : 0.75 (As of Dec. 2021)


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What is Power Machines - ZTL LMZ Electrosila Energomachexp 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. Power Machines - ZTL LMZ Electrosila Energomachexp's current ratio for the quarter that ended in Dec. 2021 was 0.75.

Power Machines - ZTL LMZ Electrosila Energomachexp has a current ratio of 0.75. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Power Machines - ZTL LMZ Electrosila Energomachexp 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 Power Machines - ZTL LMZ Electrosila Energomachexp's Current Ratio or its related term are showing as below:

RTC:IGSTP.PFD' s Current Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.42   Max: 1.2
Current: 1.19

During the past 13 years, Power Machines - ZTL LMZ Electrosila Energomachexp's highest Current Ratio was 1.20. The lowest was 0.28. And the median was 0.42.

RTC:IGSTP.PFD's Current Ratio is not ranked
in the Steel industry.
Industry Median: 1.68 vs RTC:IGSTP.PFD: 1.19

Power Machines - ZTL LMZ Electrosila Energomachexp Current Ratio Historical Data

The historical data trend for Power Machines - ZTL LMZ Electrosila Energomachexp'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.

Power Machines - ZTL LMZ Electrosila Energomachexp Current Ratio Chart

Power Machines - ZTL LMZ Electrosila Energomachexp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.41 0.42 0.38 0.75

Power Machines - ZTL LMZ Electrosila Energomachexp Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.41 0.42 0.38 0.75

Competitive Comparison of Power Machines - ZTL LMZ Electrosila Energomachexp's Current Ratio

For the Steel subindustry, Power Machines - ZTL LMZ Electrosila Energomachexp'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.


Power Machines - ZTL LMZ Electrosila Energomachexp's Current Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Power Machines - ZTL LMZ Electrosila Energomachexp's Current Ratio distribution charts can be found below:

* The bar in red indicates where Power Machines - ZTL LMZ Electrosila Energomachexp's Current Ratio falls into.



Power Machines - ZTL LMZ Electrosila Energomachexp 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.

Power Machines - ZTL LMZ Electrosila Energomachexp's Current Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Current Ratio (A: Dec. 2021 )=Total Current Assets (A: Dec. 2021 )/Total Current Liabilities (A: Dec. 2021 )
=8920.272/11942.417
=0.75

Power Machines - ZTL LMZ Electrosila Energomachexp's Current Ratio for the quarter that ended in Dec. 2021 is calculated as

Current Ratio (Q: Dec. 2021 )=Total Current Assets (Q: Dec. 2021 )/Total Current Liabilities (Q: Dec. 2021 )
=8920.272/11942.417
=0.75

* 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.


Power Machines - ZTL LMZ Electrosila Energomachexp  (RTC:IGSTP.PFD) 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.


Power Machines - ZTL LMZ Electrosila Energomachexp Current Ratio Related Terms

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Power Machines - ZTL LMZ Electrosila Energomachexp (RTC:IGSTP.PFD) Business Description

Traded in Other Exchanges
Address
Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

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