Red Hat (RHT)
Add to Watchlists Create an AlertRed Hat Current Ratio:
1.389 for Feb. 28, 2013Red Hat Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Feb. 28, 2013 | 1.389 |
| Nov. 30, 2012 | 1.446 |
| Aug. 31, 2012 | 1.474 |
| May 31, 2012 | 1.455 |
| Feb. 29, 2012 | 1.478 |
| Nov. 30, 2011 | 1.572 |
| Aug. 31, 2011 | 1.783 |
| May 31, 2011 | 1.761 |
| Feb. 28, 2011 | 1.742 |
| Nov. 30, 2010 | 1.77 |
| Aug. 31, 2010 | 2.149 |
| May 31, 2010 | 1.896 |
| Feb. 28, 2010 | 1.772 |
| Nov. 30, 2009 | 1.806 |
| Aug. 31, 2009 | 1.899 |
| May 31, 2009 | 1.961 |
| Feb. 28, 2009 | 1.994 |
| Nov. 30, 2008 | 1.341 |
| Aug. 31, 2008 | 1.269 |
| May 31, 2008 | 1.118 |
| Feb. 29, 2008 | Go Pro |
| Nov. 30, 2007 | Go Pro |
| Aug. 31, 2007 | Go Pro |
| May 31, 2007 | Go Pro |
| Feb. 28, 2007 | Go Pro |
| Nov. 30, 2006 | Go Pro |
| Aug. 31, 2006 | Go Pro |
| May 31, 2006 | Go Pro |
| Feb. 28, 2006 | Go Pro |
| Nov. 30, 2005 | Go Pro |
| Aug. 31, 2005 | Go Pro |
| May 31, 2005 | Go Pro |
| Feb. 28, 2005 | Go Pro |
| Nov. 30, 2004 | Go Pro |
| Aug. 31, 2004 | Go Pro |
| May 31, 2004 | Go Pro |
| Feb. 29, 2004 | Go Pro |
| Nov. 30, 2003 | Go Pro |
| Aug. 31, 2003 | Go Pro |
| May 31, 2003 | Go Pro |
| Feb. 28, 2003 | Go Pro |
| Nov. 30, 2002 | Go Pro |
| Aug. 31, 2002 | Go Pro |
| May 31, 2002 | Go Pro |
| Feb. 28, 2002 | Go Pro |
| Nov. 30, 2001 | Go Pro |
| Aug. 31, 2001 | Go Pro |
| May 31, 2001 | Go Pro |
| Feb. 28, 2001 | Go Pro |
| Nov. 30, 2000 | 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)
Learn More
RHT Current Ratio Benchmarks
| Companies | |
|---|---|
| Telenav | 4.784 |
| VMWare | 2.142 |
| Salesforce.com | 0.6909 |
RHT Current Ratio Rankings
| Overall |
56th percentile 3298 of 7600 |
| Sector |
25th percentile 677 of 903 in Technology |
| Industry |
41st percentile 105 of 181 in Software - Application |
RHT Current Ratio Range, Past 5 Years
| Minimum | 1.118 | May 2008 |
| Maximum | 2.149 | Aug 2010 |
| Average | 1.654 |
