GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Bee Equity Partners Ltd (XMAU:FIDE.I0000) » Definitions » Cash Ratio

The Bee Equity Partners (XMAU:FIDE.I0000) Cash Ratio : 0.00 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is The Bee Equity Partners 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. The Bee Equity Partners's Cash Ratio for the quarter that ended in Dec. 2023 was 0.00.

The Bee Equity Partners has a Cash Ratio of 0.00. 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 The Bee Equity Partners's Cash Ratio or its related term are showing as below:

During the past 7 years, The Bee Equity Partners's highest Cash Ratio was 81.61. The lowest was 8.25. And the median was 49.45.

XMAU:FIDE.I0000's Cash Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.515
* Ranked among companies with meaningful Cash Ratio only.

The Bee Equity Partners Cash Ratio Historical Data

The historical data trend for The Bee Equity 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.

* Premium members only.

The Bee Equity Partners Cash Ratio Chart

The Bee Equity Partners Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cash Ratio
Get a 7-Day Free Trial 63.21 42.14 50.09 81.61 8.25

The Bee Equity Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - 8.25 - -

Competitive Comparison of The Bee Equity Partners's Cash Ratio

For the Asset Management subindustry, The Bee Equity 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.


The Bee Equity Partners's Cash Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Bee Equity Partners's Cash Ratio distribution charts can be found below:

* The bar in red indicates where The Bee Equity Partners's Cash Ratio falls into.



The Bee Equity 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.

The Bee Equity Partners'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
=113.883/13.804
=8.25

The Bee Equity Partners's Cash Ratio for the quarter 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.


The Bee Equity Partners  (XMAU:FIDE.I0000) 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.


The Bee Equity Partners Cash Ratio Related Terms

Thank you for viewing the detailed overview of The Bee Equity Partners's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Bee Equity Partners (XMAU:FIDE.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Caudan Waterfront, 1st Floor, IBL House, Port Louis, MUS, 11307
The Bee Equity Partners Ltd is a Mauritius based investment company. It specializes in providing alternative forms of financing to Mauritian entrepreneurs. The investment objective of the company is to achieve risk-adjusted returns through income generation and capital appreciation, by managing a portfolio of investments spanning multiple industries and asset classes.

The Bee Equity Partners (XMAU:FIDE.I0000) Headlines

No Headlines