Peapack Gladstone Financial Corporation (PGC)
Create an AlertPeapack Gladstone Financial Corporation Current Ratio:
11.96 for March 31, 2013Peapack Gladstone Financial Corporation Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 11.96 |
| Dec. 31, 2012 | 15.07 |
| Sept. 30, 2012 | |
| June 30, 2012 | |
| March 31, 2012 | 1.622 |
| Dec. 31, 2011 | 7.111 |
| Sept. 30, 2011 | |
| June 30, 2011 | |
| March 31, 2011 | |
| Dec. 31, 2010 | |
| Sept. 30, 2010 | |
| June 30, 2010 | |
| March 31, 2010 | |
| Dec. 31, 2009 | |
| Sept. 30, 2009 |
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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PGC Current Ratio Benchmarks
| Companies | |
|---|---|
| Penns Woods Bancorp | 1.009 |
| Community Bank Shares of Indiana | 271.95 |
| Center Bancorp | 10.67 |
PGC Current Ratio Rankings
| Overall |
96th percentile 590 of 16782 |
| Sector |
87th percentile 245 of 2012 in Financial Services |
| Industry |
85th percentile 135 of 954 in Banks - Regional - US |
PGC Current Ratio Range, Past 5 Years
| Minimum | 0.6592 | Sep 2008 |
| Maximum | 15.07 | Dec 2012 |
| Average | 6.284 |
