Envestnet (ENV)
Add to Watchlists Create an AlertEnvestnet Current Ratio:
1.433 for Sept. 30, 2012Envestnet Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 1.433 |
| Sept. 30, 2012 | 1.322 |
| June 30, 2012 | 1.217 |
| March 31, 2012 | 5.108 |
| Dec. 31, 2011 | 4.596 |
| Sept. 30, 2011 | 5.709 |
| June 30, 2011 | 5.611 |
| March 31, 2011 | 5.506 |
| Dec. 31, 2010 | 4.947 |
| Sept. 30, 2010 | 5.036 |
| June 30, 2010 | 1.712 |
| March 31, 2010 | 2.598 |
| Dec. 31, 2009 | 3.210 |
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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ENV Current Ratio Benchmarks
| Companies | |
|---|---|
| Fiserv | 1.221 |
| Heartland Payment Systems | 0.8393 |
| Team | 4.238 |
ENV Current Ratio Rankings
| Overall |
60th percentile 3191 of 8005 |
| Sector |
46th percentile 479 of 893 in Industrials |
| Industry |
56th percentile 89 of 205 in Business Services |
ENV Current Ratio Range, Past 5 Years
| Minimum | 1.217 | Jun 2012 |
| Maximum | 5.709 | Sep 2011 |
| Average | 3.693 |