Galenfeha Current Ratio Growth & History (NGHI)
Galenfeha's current ratio was 0.45 for fiscal 2017.
View full Galenfeha company overviewGalenfeha annual current ratio history
2013
2014
2015
2016
2017
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2017 | 2017-12-31 | 0.45 | −0.53 | −54.12% |
| 2016 | 2016-12-31 | 0.98 | −0.68 | −41.04% |
| 2015 | 2015-12-31 | 1.66 | −0.02 | −0.90% |
| 2014 | 2014-12-31 | 1.68 | −14.19 | −89.44% |
| 2013 | 2013-12-31 | 15.86 | — | — |
Galenfeha quarterly current ratio
Q4.13
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2017 | 2017-12-31 | 0.45 | −0.53 | −54.12% |
| Q3 2017 | 2017-09-30 | 0.34 | −0.56 | −62.36% |
| Q2 2017 | 2017-06-30 | 0.55 | −0.10 | −15.24% |
| Q1 2017 | 2017-03-31 | 0.47 | −0.66 | −58.33% |
| Q4 2016 | 2016-12-31 | 0.98 | −0.68 | −41.04% |
| Q3 2016 | 2016-09-30 | 0.90 | −2.12 | −70.19% |
| Q2 2016 | 2016-06-30 | 0.64 | −3.22 | −83.31% |
| Q1 2016 | 2016-03-31 | 1.13 | −7.28 | −86.58% |
| Q4 2015 | 2015-12-31 | 1.66 | −0.02 | −0.90% |
| Q3 2015 | 2015-09-30 | 3.02 | — | — |
| Q2 2015 | 2015-06-30 | 3.86 | — | — |
| Q1 2015 | 2015-03-31 | 8.41 | — | — |
| Q4 2014 | 2014-12-31 | 1.68 | −14.19 | −89.44% |
| Q4 2013 | 2013-12-31 | 15.86 | — | — |
Galenfeha current ratio trends
Between the periods ended 2013-12-31 and 2017-12-31, Galenfeha's current ratio decreased from 15.86 to 0.45, a change of −15.41. The latest reported quarter, Q4 2017, shows 0.45.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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