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ASGTF (Altus Group) Cash Ratio : 0.15 (As of Dec. 2024)


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What is Altus Group 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. Altus Group's Cash Ratio for the quarter that ended in Dec. 2024 was 0.15.

Altus Group has a Cash Ratio of 0.15. 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 Altus Group's Cash Ratio or its related term are showing as below:

ASGTF' s Cash Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.24   Max: 0.45
Current: 0.15

During the past 13 years, Altus Group's highest Cash Ratio was 0.45. The lowest was 0.15. And the median was 0.24.

ASGTF's Cash Ratio is ranked worse than
68.94% of 1742 companies
in the Real Estate industry
Industry Median: 0.33 vs ASGTF: 0.15

Altus Group Cash Ratio Historical Data

The historical data trend for Altus Group'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.

Altus Group Cash Ratio Chart

Altus Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.24 0.23 0.19 0.15

Altus Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.19 0.21 0.22 0.17 0.15

Competitive Comparison of Altus Group's Cash Ratio

For the Real Estate Services subindustry, Altus Group'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.


Altus Group's Cash Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altus Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Altus Group's Cash Ratio falls into.


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Altus Group Cash Ratio Calculation

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

Altus Group's Cash Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Cash Ratio (A: Dec. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=29.393/202.215
=0.15

Altus Group's Cash Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash Ratio (Q: Dec. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=29.393/202.215
=0.15

* 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.


Altus Group  (OTCPK:ASGTF) 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.


Altus Group Cash Ratio Related Terms

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Altus Group Business Description

Traded in Other Exchanges
Address
33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4
Altus Group Ltd is a provider of asset and fund intelligence for commercial real estate. The company delivers intelligence as a service to its clients through a connected platform of technology, analytics, and advisory services. The various services provided by the company include valuation advisory, property appraisals, development advisory, quantity surveying, and others, and the different software products offered include Forbury, ARGUS Intelligence, Reonomy, and Altus Data Studio, among others. The company's reportable segments are Analytics and Appraisals, and Development Advisory. Maximum revenue is generated from its Analytics segment, whose portfolio includes software, data analytics, market data, Valuation Management Solutions (VMS), and technology consulting services.

Altus Group Headlines

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