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Aims Property Securities Fund (SGX:BVP) Cash Ratio : 18.32 (As of Dec. 2023)


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What is Aims Property Securities Fund Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Aims Property Securities Fund's Cash Ratio for the quarter that ended in Dec. 2023 was 18.32.

Aims Property Securities Fund has a Cash Ratio of 18.32. 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 Aims Property Securities Fund's Cash Ratio or its related term are showing as below:

SGX:BVP' s Cash Ratio Range Over the Past 10 Years
Min: 1.46   Med: 14.77   Max: 90.44
Current: 18.37

During the past 13 years, Aims Property Securities Fund's highest Cash Ratio was 90.44. The lowest was 1.46. And the median was 14.77.

SGX:BVP's Cash Ratio is ranked better than
97.58% of 703 companies
in the REITs industry
Industry Median: 0.41 vs SGX:BVP: 18.37

Aims Property Securities Fund Cash Ratio Historical Data

The historical data trend for Aims Property Securities Fund'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.

* Premium members only.

Aims Property Securities Fund Cash Ratio Chart

Aims Property Securities Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.82 11.16 13.65 14.84 18.09

Aims Property Securities Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.24 14.84 11.99 18.09 18.32

Competitive Comparison of Aims Property Securities Fund's Cash Ratio

For the REIT - Diversified subindustry, Aims Property Securities Fund'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.


Aims Property Securities Fund's Cash Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aims Property Securities Fund's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Aims Property Securities Fund's Cash Ratio falls into.



Aims Property Securities Fund Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Aims Property Securities Fund's Cash Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash Ratio (A: Jun. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=2.315/0.128
=18.09

Aims Property Securities Fund's Cash Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash Ratio (Q: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=2.473/0.135
=18.32

* 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.


Aims Property Securities Fund  (SGX:BVP) 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.


Aims Property Securities Fund Cash Ratio Related Terms

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Aims Property Securities Fund (SGX:BVP) Business Description

Traded in Other Exchanges
Address
259 George Street, Level 41, Sydney, NSW, AUS, 2000
Aims Property Securities Fund operates as a real estate securities fund. It invests in listed property trusts, unlisted property trusts, and listed property-related companies, and cash and fixed interest securities. The company manages property and mortgage funds. The investment objective of the fund is to provide investors with regular quarterly income and the potential for long-term capital growth. The company holds investments in a portfolio of property-related securities diversified by property sectors, geographic locations, and fund managers.

Aims Property Securities Fund (SGX:BVP) Headlines

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