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. STEF's Cash Ratio for the quarter that ended in Dec. 2023 was 0.09.
STEF has a Cash Ratio of 0.09. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for STEF's Cash Ratio or its related term are showing as below:
STU:STP'
s Cash Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.05 Max: 0.09
Current: 0.09
During the past 13 years, STEF's highest Cash Ratio was 0.09. The lowest was 0.04. And the median was 0.05.
STU:STP's Cash Ratio is ranked worse than 90.39% of 968
companies
in the Transportation industry
Industry Median: 0.545
vs STU:STP: 0.09
STEF Cash Ratio Historical Data
The historical data trend for STEF'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.
For the Integrated Freight & Logistics subindustry, STEF'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.
STEF's Cash Ratio Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, STEF's Cash Ratio distribution charts can be found below:
* The bar in red indicates where STEF's Cash Ratio falls into.
STEF Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
STEF'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.
STEF (STU:STP) 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.
STEF Cash Ratio Related Terms
Thank you for viewing the detailed overview of STEF's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
STEF is a transport and logistics company domiciled in France. The company organises itself into four segments: France, international, maritime, and others. France segment, which generates the largest portion of revenue, transports fresh and frozen food, including seafood. The international segment transports fresh and frozen food outside France, namely to Italy, Spain, Portugal, Benelux, Switzerland, and Tunisia. The maritime segment provides maritime passenger and freight transportation between the continent and Corsica. The company derives the vast majority of revenue domestically.
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