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Aterian (Aterian) Current Ratio : 1.95 (As of Dec. 2023)


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What is Aterian 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. Aterian's current ratio for the quarter that ended in Dec. 2023 was 1.95.

Aterian has a current ratio of 1.95. It generally indicates good short-term financial strength.

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

ATER' s Current Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.49   Max: 1.95
Current: 1.95

During the past 7 years, Aterian's highest Current Ratio was 1.95. The lowest was 1.01. And the median was 1.49.

ATER's Current Ratio is ranked better than
53.86% of 427 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.83 vs ATER: 1.95

Aterian Current Ratio Historical Data

The historical data trend for Aterian'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.

Aterian Current Ratio Chart

Aterian Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Ratio
Get a 7-Day Free Trial 1.37 1.01 1.49 1.89 1.95

Aterian 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 1.89 2.00 1.86 1.78 1.95

Competitive Comparison of Aterian's Current Ratio

For the Furnishings, Fixtures & Appliances subindustry, Aterian'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.


Aterian's Current Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Aterian's Current Ratio distribution charts can be found below:

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



Aterian 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.

Aterian'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 )
=49.636/25.447
=1.95

Aterian'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 )
=49.636/25.447
=1.95

* 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.


Aterian  (NAS:ATER) 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.


Aterian Current Ratio Related Terms

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Aterian (Aterian) Business Description

Traded in Other Exchanges
Address
37 East 18th Street, 7th Floor, New York, NY, USA, 10003
Aterian Inc is a technology-enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances (dehumidifiers and air conditioners), beauty-related products and, consumer electronics. It has various owned and operated brands including Vremi, Healing Solutions, Xtava, TRUWEO, Spiralize, Pohl+Schmitt, and RIF6. The company generates revenue through the online sales of various consumer products that are sold online.
Executives
Bari A Harlam director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Roi Zion Zahut officer: Chief Technology Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
William Kurtz director NOVELLUS SYSTEMS, INC., 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Sarah Liebel director 1STDIBS.COM, INC., 51 ASTOR PLACE, 3RD FLOOR, NEW YORK NY 10003
Phillip Lepper officer: Chief Revenue Officer 21908 N SPOTTED RD, DEER PARK WA 990006
Yaniv Zion Sarig director, 10 percent owner, officer: See Remarks C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Arturo Rodriguez officer: Chief Financial Officer C/O ATARI, INC., 417 FIFTH AVENUE, NEW YORK NY 10016
Joseph A Risico officer: General Counsel C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Mihal Chaouat-fix officer: Chief Product Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Rueden Anton Von officer: COO C/O ATERIAN, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Cynthia W Williams director C/O WIZARDS OF THE COAST LLC, 1600 LIND AVENUE, SW, STE 400, RENTON WA 98055
Susan E. Lattmann director C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Tomer Pascal officer: Chief Revenue Officer C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
9830 Macarthur Llc 10 percent owner 30 N. GOULD ST, SUITE R, SHERIDAN WY 82801
Walter Amy Von director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003