Eastern Insurance (EIHI)
Add to Watchlists Create an AlertEastern Insurance Current Ratio:
2.760 for March 31, 2013Eastern Insurance Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 2.760 |
| Dec. 31, 2012 | 2.639 |
| Sept. 30, 2012 | 3.071 |
| June 30, 2012 | 2.787 |
| March 31, 2012 | 2.976 |
| Dec. 31, 2011 | 2.781 |
| Sept. 30, 2011 | 3.004 |
| June 30, 2011 | 2.926 |
| March 31, 2011 | 3.110 |
| Dec. 31, 2010 | 2.427 |
| Sept. 30, 2010 | 3.292 |
| June 30, 2010 | 4.017 |
| March 31, 2010 | 3.156 |
| Dec. 31, 2009 | 2.242 |
| Sept. 30, 2009 | 3.641 |
| June 30, 2009 | 3.604 |
| March 31, 2009 | 3.747 |
| Dec. 31, 2008 | 2.860 |
| Sept. 30, 2008 | 2.996 |
| June 30, 2008 | 4.987 |
| 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 |
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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EIHI Current Ratio Benchmarks
| Companies | |
|---|---|
| CNO Financial Group | |
| Kemper | 1.61 |
| Hartford Financial Services Group |
EIHI Current Ratio Rankings
| Overall |
78th percentile 1746 of 8011 |
| Sector |
70th percentile 278 of 954 in Financial Services |
| Industry |
69th percentile 8 of 26 in Insurance - Life |
EIHI Current Ratio Range, Past 5 Years
| Minimum | 2.242 | Dec 2009 |
| Maximum | 4.987 | Jun 2008 |
| Average | 3.151 |
