Tengion (TNGN)
Create an AlertTengion Current Ratio:
0.2929 for March 31, 2013Tengion Historical Current Ratio Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| March 31, 2013 | 0.2929 |
| Dec. 31, 2012 | 0.6464 |
| Sept. 30, 2012 | 0.2624 |
| June 30, 2012 | 0.6201 |
| March 31, 2012 | 1.153 |
| Sept. 30, 2011 | 2.770 |
| June 30, 2011 | 2.162 |
| March 31, 2011 | 1.484 |
| Dec. 31, 2010 | 1.514 |
| Sept. 30, 2010 | 1.332 |
| June 30, 2010 | 1.757 |
| March 31, 2010 | 0.68 |
| Dec. 31, 2009 | 1.153 |
| Sept. 30, 2009 | 1.727 |
| June 30, 2009 | |
| March 31, 2009 | |
| Dec. 31, 2008 | 5.227 |
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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TNGN Current Ratio Benchmarks
| Companies | |
|---|---|
| ARCA biopharma | 4.822 |
| Advanced Proteome Therpt | 0.0741 |
| Clinuvel Pharmaceuticals |
TNGN Current Ratio Rankings
| Overall |
50th percentile 8236 of 16782 |
| Sector |
39th percentile 854 of 1410 in Healthcare |
| Industry |
35th percentile 294 of 454 in Biotechnology |
TNGN Current Ratio Range, Past 5 Years
| Minimum | 0.2624 | Sep 2012 |
| Maximum | 5.227 | Dec 2008 |
| Average | 1.519 |
