Video Display has a Cash Ratio of 0.02. 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 Video Display's Cash Ratio or its related term are showing as below:
VIDE'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 4.14
Current: 0.02
During the past 13 years, Video Display's highest Cash Ratio was 4.14. The lowest was 0.01. And the median was 0.14.
VIDE's Cash Ratio is ranked worse than 97.61% of 2467
companies
in the Hardware industry
Industry Median: 0.66
vs VIDE: 0.02
Video Display Cash Ratio Historical Data
The historical data trend for Video Display'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 Video Display's Cash Ratio
For the Computer Hardware subindustry, Video Display'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.
Video Display's Cash Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Video Display's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Video Display's Cash Ratio falls into.
Video Display Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Video Display's Cash Ratio for the fiscal year that ended in Feb. 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.
Video Display (OTCPK:VIDE) 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.
Video Display Cash Ratio Related Terms
Thank you for viewing the detailed overview of Video Display's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Video Display (Video Display) Business Description
Video Display Corp is a provider and manufacturer of video products, components, and systems for the visual display and presentation of electronic information media in a range of requirements and environments. It designs, engineers, manufactures, markets, distributes, and installs display products and systems, from basic components to systems, for Government, military, aerospace, medical, industrial, and commercial organizations. The company operates in one segment which is simulation, training, and display products. Its products lines include Dome Aircraft Simulator Display Systems, Multi-Faceted Aircraft Simulator Display Systems, Video Walls for Broadcast and Control Centers, Rugged Flat Panel Displays and Computers, Projector and Monitor Upgrades, and Projection Screens.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
VIDE has been successfully added to your 