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KEPCO Engineeringnstruction Co (XKRX:052690) Current Ratio : 1.81 (As of Dec. 2023)


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What is KEPCO Engineeringnstruction Co 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. KEPCO Engineeringnstruction Co's current ratio for the quarter that ended in Dec. 2023 was 1.81.

KEPCO Engineeringnstruction Co has a current ratio of 1.81. It generally indicates good short-term financial strength.

The historical rank and industry rank for KEPCO Engineeringnstruction Co's Current Ratio or its related term are showing as below:

XKRX:052690' s Current Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.16   Max: 1.81
Current: 1.81

During the past 13 years, KEPCO Engineeringnstruction Co's highest Current Ratio was 1.81. The lowest was 0.89. And the median was 1.16.

XKRX:052690's Current Ratio is ranked better than
62.48% of 1687 companies
in the Construction industry
Industry Median: 1.56 vs XKRX:052690: 1.81

KEPCO Engineeringnstruction Co Current Ratio Historical Data

The historical data trend for KEPCO Engineeringnstruction Co'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.

KEPCO Engineeringnstruction Co Current Ratio Chart

KEPCO Engineeringnstruction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.27 1.40 1.54 1.81

KEPCO Engineeringnstruction Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.54 1.57 1.51 1.67 1.81

Competitive Comparison of KEPCO Engineeringnstruction Co's Current Ratio

For the Engineering & Construction subindustry, KEPCO Engineeringnstruction Co'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.


KEPCO Engineeringnstruction Co's Current Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, KEPCO Engineeringnstruction Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where KEPCO Engineeringnstruction Co's Current Ratio falls into.



KEPCO Engineeringnstruction Co 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.

KEPCO Engineeringnstruction Co'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 )
=452060.499/250186.493
=1.81

KEPCO Engineeringnstruction Co'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 )
=452060.499/250186.493
=1.81

* 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.


KEPCO Engineeringnstruction Co  (XKRX:052690) 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.


KEPCO Engineeringnstruction Co Current Ratio Related Terms

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KEPCO Engineeringnstruction Co (XKRX:052690) Business Description

Traded in Other Exchanges
N/A
Address
269, Hyeoksin-ro, Gyeongsangbuk-do, Gimcheon-si, KOR, 39660
KEPCO Engineering & Construction Co Inc is a power plant engineering company. It is involved in design, construction, engineering and procurement of nuclear and thermal power plant and power reactors of various sizes and capacities. The company has Architect engineering and Nuclear steam supply system design technology. It is planning to develop third-generation type future nuclear power plants such as nuclear fusion reactor, sodium cooled fast reactor and very high-temperature reactor for hydrogen generation.

KEPCO Engineeringnstruction Co (XKRX:052690) Headlines

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