SolarCity Current Ratio

SCTY -- USA Stock  

null 20.34  0.00  0.00%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh

Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
SolarCity 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
0.58 times

Distress Driver Correlations

Current Ratio Over Time Pattern

 SolarCity Current Ratio 
      Timeline 

About 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).Compare to competition
In accordance with recently published financial statements SolarCity Corporation has Current Ratio of 0.58 times. This is much higher than that of the sector, and significantly higher than that of Construction industry, The Current Ratio for all stocks is over 1000% lower than the firm.

Peer Comparison

SolarCity Current Ratio Comparison
  Current Ratio 
      SolarCity Comparables 
SolarCity is currently under evaluation in current ratio category among related companies.

Did you try this?

Run Portfolio Backtesting Now
   

Portfolio Backtesting

Avoid under-diversification and over-optimization by backtesting your portfolios
All  Next Launch Portfolio Backtesting

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas