MDB Capital Holdings LLC has a Cash Ratio of 1.88. 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 MDB Capital Holdings LLC's Cash Ratio or its related term are showing as below:
MDBH'
s Cash Ratio Range Over the Past 10 Years
Min: 1.88 Med: 6.18 Max: 15.96
Current: 1.88
During the past 4 years, MDB Capital Holdings LLC's highest Cash Ratio was 15.96. The lowest was 1.88. And the median was 6.18.
MDBH's Cash Ratio is ranked better than 69.56% of 657
companies
in the Capital Markets industry
Industry Median: 0.92
vs MDBH: 1.88
MDB Capital Holdings LLC Cash Ratio Historical Data
* 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 MDB Capital Holdings LLC's Cash Ratio
For the Capital Markets subindustry, MDB Capital Holdings LLC'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.
MDB Capital Holdings LLC's Cash Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, MDB Capital Holdings LLC's Cash Ratio distribution charts can be found below:
* The bar in red indicates where MDB Capital Holdings LLC's Cash Ratio falls into.
MDB Capital Holdings LLC Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
MDB Capital Holdings LLC'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.
MDB Capital Holdings LLC (NAS:MDBH) 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.
MDB Capital Holdings LLC Cash Ratio Related Terms
Thank you for viewing the detailed overview of MDB Capital Holdings LLC's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
MDB Capital Holdings LLC (MDB Capital Holdings LLC) Business Description
MDB Capital Holdings LLC is an investment holding company which operates through its subsidiaries focuses on early- stage technology companies through public offerings. The company's purpose is to engage with companies holding visionary technology, inventors, and technology entrepreneurs. The Company operates in two reportable segments: a broker dealer & intellectual property service and technology development.
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