Canterbury Park Holding Corporation Current Ratio:
1.956 for Dec. 31, 2012Canterbury Park Holding Corporation Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 1.956 |
| Sept. 30, 2012 | 1.817 |
| June 30, 2012 | 1.626 |
| March 31, 2012 | 1.979 |
| Dec. 31, 2011 | 2.107 |
| Sept. 30, 2011 | 1.892 |
| June 30, 2011 | 1.540 |
| March 31, 2011 | 1.798 |
| Dec. 31, 2010 | 1.685 |
| Sept. 30, 2010 | 1.513 |
| June 30, 2010 | 1.115 |
| March 31, 2010 | 1.295 |
| Dec. 31, 2009 | 1.709 |
| Sept. 30, 2009 | 1.513 |
| June 30, 2009 | 1.293 |
| March 31, 2009 | 1.487 |
| Dec. 31, 2008 | 1.353 |
| Sept. 30, 2008 | 1.346 |
| June 30, 2008 | 1.170 |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
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| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
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| Dec. 31, 2004 | Go Pro |
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| Dec. 31, 2000 | Go Pro |
| Sept. 30, 2000 | 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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CPHC Current Ratio Benchmarks
| Companies | |
|---|---|
| Bally Technologies | 2.294 |
| Churchill Downs | 0.3526 |
| Dover Downs Gaming & Entertainment | 1.654 |
CPHC Current Ratio Rankings
| Overall |
69th percentile 2320 of 7590 |
| Sector |
59th percentile 273 of 672 in Consumer Cyclical |
| Industry |
33rd percentile 6 of 9 in Gambling |
CPHC Current Ratio Range, Past 5 Years
| Minimum | 1.115 | Jun 2010 |
| Maximum | 2.107 | Dec 2011 |
| Average | 1.589 |
