TECO Energy Current Ratio:
1.421 for March 31, 2013TECO Energy Historical Current Ratio Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 1.421 |
| Dec. 31, 2012 | 1.423 |
| Sept. 30, 2012 | 1.167 |
| June 30, 2012 | 0.9955 |
| March 31, 2012 | 0.6904 |
| Dec. 31, 2011 | 0.7825 |
| Sept. 30, 2011 | 0.83 |
| June 30, 2011 | 0.9024 |
| March 31, 2011 | 0.9771 |
| Dec. 31, 2010 | 1.194 |
| Sept. 30, 2010 | 1.064 |
| June 30, 2010 | 1.016 |
| March 31, 2010 | 1.059 |
| Dec. 31, 2009 | 0.8448 |
| Sept. 30, 2009 | 0.8698 |
| June 30, 2009 | 0.8693 |
| March 31, 2009 | 0.8704 |
| Dec. 31, 2008 | 0.9759 |
| Sept. 30, 2008 | 1.210 |
| June 30, 2008 | 1.237 |
| 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 |
| Sept. 30, 2004 | Go Pro |
| June 30, 2004 | Go Pro |
| March 31, 2004 | Go Pro |
| Dec. 31, 2003 | Go Pro |
| Sept. 30, 2003 | Go Pro |
| June 30, 2003 | Go Pro |
| March 31, 2003 | Go Pro |
| Dec. 31, 2002 | Go Pro |
| Sept. 30, 2002 | Go Pro |
| June 30, 2002 | Go Pro |
| March 31, 2002 | Go Pro |
| Dec. 31, 2001 | Go Pro |
| Sept. 30, 2001 | Go Pro |
| June 30, 2001 | Go Pro |
| March 31, 2001 | Go Pro |
| Dec. 31, 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)
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TE Current Ratio Benchmarks
| Companies | |
|---|---|
| NextEra Energy | 0.4609 |
| CMS Energy | 1.537 |
| Xcel Energy | 1.070 |
TE Current Ratio Rankings
| Overall |
60th percentile 3180 of 8002 |
| Sector |
75th percentile 32 of 130 in Utilities |
| Industry |
75th percentile 12 of 48 in Utilities - Regulated Electric |
TE Current Ratio Range, Past 5 Years
| Minimum | 0.6904 | Mar 2012 |
| Maximum | 1.423 | Dec 2012 |
| Average | 1.020 |
