Huntington Ingalls Industries Current Ratio:
1.795 for Dec. 31, 2012Huntington Ingalls Industries Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 1.795 |
| Sept. 30, 2012 | 1.797 |
| June 30, 2012 | 1.781 |
| March 31, 2012 | 1.722 |
| Dec. 31, 2011 | 1.653 |
| Sept. 30, 2011 | 1.725 |
| June 30, 2011 | 1.684 |
| March 31, 2011 | 1.630 |
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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HII Current Ratio Benchmarks
| Companies | |
|---|---|
| Northrop Grumman | 1.412 |
| Astronics Corporation | 2.294 |
| Hexcel Corporation | 2.423 |
HII Current Ratio Rankings
| Overall |
68th percentile 2530 of 8002 |
| Sector |
54th percentile 363 of 801 in Industrials |
| Industry |
33rd percentile 32 of 48 in Aerospace & Defense |
HII Current Ratio Range, Past 5 Years
| Minimum | 1.630 | Mar 2011 |
| Maximum | 1.797 | Sep 2012 |
| Average | 1.723 |
