Under Armour has a current ratio of 2.06.
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What is under Armour’s quick ratio?
Under Armour has a quick ratio of 1.40.
What is under Armour’s debt to equity ratio?
Under Armour Debt to Equity Ratio: 0.3891 for June 30, 2022.
What does a current ratio of 1.10 mean?
A ratio that is greater than a 1.0 indicates a business can at least meet current liabilities with current assets. A ratio below 1.0 means a business would need to sell fixed assets, make new sales, or raise capital in some other way to meet current liabilities.
What does a 1.5 current ratio mean?
What Does a Current Ratio of 1.5 Mean? A current ratio of 1.5 would indicate that the company has $1.50 of current assets for every $1 of current liabilities. For example, suppose a company’s current assets consist of $50,000 in cash plus $100,000 in accounts receivable.
What is under Armour’s return on equity?
Analysis. Under Armour’s latest twelve months return on common equity is 19.1%. Under Armour’s return on common equity for fiscal years ending December 2017 to 2021 averaged -2.0%. Under Armour’s operated at median return on common equity of -2.3% from fiscal years ending December 2017 to 2021.
What is Nike debt to equity ratio?
1 Nike’s capital structure has high equity capital relative to debt, with a debt-to-equity ratio of 0.66, though this figure rose sharply in 2020 due to store closures. 2 The company’s enterprise value grew rapidly in the five years leading up to 2021, driven almost entirely by the appreciating value of its equity.
What is adidas debt to equity ratio?
adidas AG’s Total Stockholders Equity for the quarter that ended in Jun. 2022 was $6,376 Mil. adidas AG’s debt to equity for the quarter that ended in Jun. 2022 was 0.96.
What if current ratio is less than 1?
A current ratio of less than 1 indicates that the company may have problems meeting its short-term obligations.
Is a current ratio of 1.15 good?
Current Ratio
The current liabilities refer to the business’ financial obligations that are payable within a year. Obviously, a higher current ratio is better for the business. A good current ratio is between 1.2 to 2, which means that the business has 2 times more current assets than liabilities to covers its debts.
What is bad current ratio?
Current ratio measures the extent to which current assets if sold would pay off current liabilities. A ratio greater than 1.60 is considered good. A ratio less than 1.10 is considered poor.
Is 2.5 A good current ratio?
The current ratio for Company ABC is 2.5, which means that it has 2.5 times its liabilities in assets and can currently meet its financial obligations Any current ratio over 2 is considered ‘good’ by most accounts.
Is 1.7 A good current ratio?
… the current ratio is a calculation that measures how much of its short-term assets a company would need to use to pay back its short-term liabilities. … a current ratio of 1.5 or above is considered healthy, while a ratio of 1 or below suggests the company would struggle to pay its liabilities and might go bankrupt.
What does current ratio 1.4 indicate?
Suppose a company’s current assets are $2 million, and its current liabilities are $1.4 million. Current ratio is therefore 2 / 1.4 = 1.43. This suggests that for every dollar it owes, the company will be able to raise $1.43. What You Need to Know. In general, the higher the ratio, the greater a company’s liquidity.
What is a good debt to equity ratio?
What is a good debt-to-equity ratio? Although it varies from industry to industry, a debt-to-equity ratio of around 2 or 2.5 is generally considered good. This ratio tells us that for every dollar invested in the company, about 66 cents come from debt, while the other 33 cents come from the company’s equity.
What is a high debt to asset ratio?
If the debt-to-assets ratio is greater than one, a business has more debt than assets. If the ratio is less than one, the business has more assets than debt.
What is NIKE’s current ratio?
2.6x
NIKE’s latest twelve months current ratio is 2.6x. NIKE’s current ratio for fiscal years ending May 2018 to 2022 averaged 2.5x. NIKE’s operated at median current ratio of 2.5x from fiscal years ending May 2018 to 2022. Looking back at the last five years, NIKE’s current ratio peaked in May 2021 at 2.7x.
What is Adidas current ratio?
It is calculated as a company’s Total Current Assets divides by its Total Current Liabilities. adidas AG’s current ratio for the quarter that ended in Jun. 2022 was 1.34. adidas AG has a current ratio of 1.34.
What is Adidas total debt?
Adidas AG long term debt for the quarter ending March 31, 2022 was $2.918B, a 2.9% increase year-over-year. Adidas AG long term debt for 2021 was $2.918B, a 2.9% increase from 2020. Adidas AG long term debt for 2020 was $2.835B, a 58.71% increase from 2019.
What is long term debt to equity ratio?
Long term debt to equity ratio is a leverage ratio comparing the total amount of long-term debt against the shareholders’ equity of a company. The goal of this ratio is to determine how much leverage the company is taking. A higher ratio means the company is taking on more debt.
Is a current ratio of 0.25 good?
Generally a ratio of less than 0.25 is considered very strong, a 0.25 to 0.40 ratio is satisfactory and more than 0.40 is weak.