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C-Link Squared (HKSE:01463) Current Ratio : 5.34 (As of Dec. 2023)


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What is C-Link Squared Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. C-Link Squared's current ratio for the quarter that ended in Dec. 2023 was 5.34.

C-Link Squared has a current ratio of 5.34. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for C-Link Squared's Current Ratio or its related term are showing as below:

HKSE:01463' s Current Ratio Range Over the Past 10 Years
Min: 1.7   Med: 5.18   Max: 7.52
Current: 5.34

During the past 8 years, C-Link Squared's highest Current Ratio was 7.52. The lowest was 1.70. And the median was 5.18.

HKSE:01463's Current Ratio is ranked better than
90.44% of 1077 companies
in the Business Services industry
Industry Median: 1.74 vs HKSE:01463: 5.34

C-Link Squared Current Ratio Historical Data

The historical data trend for C-Link Squared's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

C-Link Squared Current Ratio Chart

C-Link Squared Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial 7.52 6.21 5.01 4.70 5.34

C-Link Squared Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.01 5.37 4.70 8.97 5.34

Competitive Comparison of C-Link Squared's Current Ratio

For the Specialty Business Services subindustry, C-Link Squared's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


C-Link Squared's Current Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, C-Link Squared's Current Ratio distribution charts can be found below:

* The bar in red indicates where C-Link Squared's Current Ratio falls into.



C-Link Squared Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

C-Link Squared's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=115.482/21.607
=5.34

C-Link Squared's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=115.482/21.607
=5.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


C-Link Squared  (HKSE:01463) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


C-Link Squared Current Ratio Related Terms

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C-Link Squared (HKSE:01463) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Persiaran Sungai Buloh, Taman Industri Sungai Buloh, Kota Damansara, Petaling Jaya, SGR, MYS, 47810
C-Link Squared Ltd is an outsourced document management services provider and related software applications and enterprise software solutions, developer. The outsourced document management services include electronic document delivery; document print and mail fulfillment. MICR Cheque print & mail fulfillment; medical ID card print & mail fulfillment; and document imaging and scanning services are also included. The company's Streamline Suite consists of three systems namely Streamline Output Management System (OMS), Streamline Electronic Document Warehouse (EDW), and Streamline Document Management System (DMS). The Group's revenue from customers is derived mainly from its operations in Malaysia and China.
Executives
Zou Cheng 2201 Interest of corporation controlled by you
Le Xian 2201 Interest of corporation controlled by you
Sun Join Venture Management Limited 2101 Beneficial owner
Li Lianbin 2202 Interest of your spouse
Sun Join Capital Investment Limited 2101 Beneficial owner
Wang Yaxian 2101 Beneficial owner
Wan Shifang 2101 Beneficial owner
Wu Xian Long 2101 Beneficial owner
Liao Hui 2101 Beneficial owner

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