ORBCOMM (ORBC)
Add to Watchlists Create an AlertORBCOMM Current Ratio:
7.700 for March 31, 2013ORBCOMM Historical Current Ratio Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 7.700 |
| Dec. 31, 2012 | 4.760 |
| Sept. 30, 2012 | 3.586 |
| June 30, 2012 | 6.371 |
| March 31, 2012 | 6.417 |
| Dec. 31, 2011 | 4.989 |
| Sept. 30, 2011 | 7.271 |
| June 30, 2011 | 7.398 |
| March 31, 2011 | 9.876 |
| Dec. 31, 2010 | 8.927 |
| Sept. 30, 2010 | 9.169 |
| June 30, 2010 | 7.984 |
| March 31, 2010 | 8.229 |
| Dec. 31, 2009 | 7.839 |
| Sept. 30, 2009 | 6.303 |
| June 30, 2009 | 5.240 |
| March 31, 2009 | 6.035 |
| Dec. 31, 2008 | 4.454 |
| Sept. 30, 2008 | 4.038 |
| June 30, 2008 | 6.315 |
| 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 |
| June 30, 2005 | Go Pro |
| March 31, 2005 | Go Pro |
| Dec. 31, 2004 | 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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ORBC Current Ratio Benchmarks
| Companies | |
|---|---|
| Primus Telecommunications Group | 1.108 |
| Verizon Communications | 0.8021 |
| Sprint Nextel | 1.490 |
ORBC Current Ratio Rankings
| Overall |
94th percentile 479 of 8009 |
| Sector |
97th percentile 3 of 143 in Communication Services |
| Industry |
97th percentile 3 of 125 in Telecom Services |
ORBC Current Ratio Range, Past 5 Years
| Minimum | 3.586 | Sep 2012 |
| Maximum | 9.876 | Mar 2011 |
| Average | 6.645 |
ORBC News
Business Wire May 20