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Intersport Polska (WAR:IPO) Current Ratio : 0.36 (As of Sep. 2023)


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What is Intersport Polska 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. Intersport Polska's current ratio for the quarter that ended in Sep. 2023 was 0.36.

Intersport Polska has a current ratio of 0.36. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Intersport Polska has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Intersport Polska's Current Ratio or its related term are showing as below:

WAR:IPO' s Current Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.66   Max: 0.8
Current: 0.36

During the past 13 years, Intersport Polska's highest Current Ratio was 0.80. The lowest was 0.36. And the median was 0.66.

WAR:IPO's Current Ratio is ranked worse than
97.06% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 1.605 vs WAR:IPO: 0.36

Intersport Polska Current Ratio Historical Data

The historical data trend for Intersport Polska'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.

Intersport Polska Current Ratio Chart

Intersport Polska Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar20 Mar21 Mar22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.74 0.72 0.76 0.60

Intersport Polska Quarterly Data
Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.59 0.50 0.47 0.36

Competitive Comparison of Intersport Polska's Current Ratio

For the Specialty Retail subindustry, Intersport Polska'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.


Intersport Polska's Current Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Intersport Polska's Current Ratio distribution charts can be found below:

* The bar in red indicates where Intersport Polska's Current Ratio falls into.



Intersport Polska 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.

Intersport Polska's Current Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Current Ratio (A: Mar. 2022 )=Total Current Assets (A: Mar. 2022 )/Total Current Liabilities (A: Mar. 2022 )
=58.911/97.723
=0.60

Intersport Polska's Current Ratio for the quarter that ended in Sep. 2023 is calculated as

Current Ratio (Q: Sep. 2023 )=Total Current Assets (Q: Sep. 2023 )/Total Current Liabilities (Q: Sep. 2023 )
=49.194/137.625
=0.36

* 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.


Intersport Polska  (WAR:IPO) 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.


Intersport Polska Current Ratio Related Terms

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Intersport Polska (WAR:IPO) Business Description

Traded in Other Exchanges
N/A
Address
Cholerzyn 382, Liszki, POL, 32-060
Intersport Polska SA is involved in the retail sale of sports goods. The company is present in approximately 66 countries on five continents. The company offers a range of sports equipment and clothes under such brand names as Adidas, Nike, Reebok, Puma, Asics, Giant, Ecco, Rossignol, Salomon, The North Face and Jack Wolfskin, as well as products under its own-brand names: McKinley and Pro Touch, among others.