Basic Energy Services Current Ratio:
2.392 for March 31, 2013Basic Energy Services Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 2.392 |
| Dec. 31, 2012 | 2.462 |
| Sept. 30, 2012 | 2.515 |
| June 30, 2012 | 2.448 |
| March 31, 2012 | 2.860 |
| Dec. 31, 2011 | 2.702 |
| Sept. 30, 2011 | 2.523 |
| June 30, 2011 | 4.217 |
| March 31, 2011 | 2.408 |
| Dec. 31, 2010 | 2.778 |
| Sept. 30, 2010 | 2.943 |
| June 30, 2010 | 3.225 |
| March 31, 2010 | 3.305 |
| Dec. 31, 2009 | 3.531 |
| Sept. 30, 2009 | 3.711 |
| June 30, 2009 | 3.672 |
| March 31, 2009 | 3.283 |
| Dec. 31, 2008 | 3.171 |
| Sept. 30, 2008 | 2.656 |
| June 30, 2008 | 2.786 |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
| June 30, 2006 | Go Pro |
| March 31, 2006 | Go Pro |
| Dec. 31, 2005 | Go Pro |
| Sept. 30, 2005 | Go Pro |
About Current Ratio
The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.
A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.
Other similar solvency ratios include :
Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
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BAS Current Ratio Benchmarks
| Companies | |
|---|---|
| Carbo Ceramics | 6.531 |
| Precision Drilling | 1.888 |
| RPC | 3.412 |
BAS Current Ratio Rankings
| Overall |
76th percentile 1867 of 8002 |
| Sector |
80th percentile 77 of 387 in Energy |
| Industry |
55th percentile 25 of 56 in Oil & Gas Equipment & Services |
BAS Current Ratio Range, Past 5 Years
| Minimum | 2.392 | Mar 2013 |
| Maximum | 4.217 | Jun 2011 |
| Average | 2.979 |
