Alantra Partners has a Cash Ratio of 1.75. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Alantra Partners's Cash Ratio or its related term are showing as below:
FRA:ALNT'
s Cash Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.75 Max: 48.06
Current: 1.75
During the past 13 years, Alantra Partners's highest Cash Ratio was 48.06. The lowest was 1.01. And the median was 1.75.
FRA:ALNT's Cash Ratio is ranked better than 67.28% of 657
companies
in the Capital Markets industry
Industry Median: 0.92
vs FRA:ALNT: 1.75
Alantra Partners Cash Ratio Historical Data
The historical data trend for Alantra Partners's Cash 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.
Competitive Comparison of Alantra Partners's Cash Ratio
For the Capital Markets subindustry, Alantra Partners's Cash Ratio, along with its competitors' market caps and Cash 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.
Alantra Partners's Cash Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Alantra Partners's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Alantra Partners's Cash Ratio falls into.
Alantra Partners Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Alantra Partners's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Alantra Partners (FRA:ALNT) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Alantra Partners Cash Ratio Related Terms
Thank you for viewing the detailed overview of Alantra Partners's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Alantra Partners SA is a global investment banking and asset management firm. The company is primarily focusing on the mid-market with offices across Europe, the United States, Asia, and America. The company's business activities are split into the following segments: Financial Advisory, Asset Management, Structural, Portfolio and Other. Financial Advisory segment covers the provision of financial advisory services to companies or entities in corporate finance operations and the provision of stock market brokerage and analysis services to institutional investors. Its Portfolio business segment is engaged in obtaining capital gains by investing and subsequently selling stakes in companies or investment funds or vehicles.
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