Saft Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).

In accordance with recently published financial statements Saft Groupe SA has Current Ratio of 2.14 times. This is 10.08% lower than that of Consumer Goods sector, and 5.31% lower than that of Electronic Equipment industry, The Current Ratio for all stocks is 12.3% higher than the company.