Tigers Realm Coal (ASX:TIG) Cash Ratio: 0.00 (As of Jun. 2024)

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What is Tigers Realm Coal Cash Ratio?

Tigers Realm Coal ASX:TIG Cash Ratio is 0.00 as of Jun. 2024.

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. Tigers Realm Coal's Cash Ratio for the quarter that ended in Jun. 2024 was 0.00.

Tigers Realm Coal 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 Tigers Realm Coal's Cash Ratio or its related term are showing as below:

ASX:TIG's Cash Ratio is not ranked *
in the Steel industry.
Industry Median: 0.27
* Ranked among companies with meaningful Cash Ratio only.

Tigers Realm Coal  (ASX:TIG) 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.


Tigers Realm Coal Cash Ratio Related Terms


Tigers Realm Coal Cash Ratio Historical Data

* Premium members only.

The historical data trend for Tigers Realm Coal'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.

Tigers Realm Coal Cash Ratio Chart

Tigers Realm Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 1.70 1.81 0.16 0.90

Tigers Realm Coal Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.20 0.16 0.07 0.90 0.00

ASX:TIG vs HCC, AMR, SXC: Cash Ratio Comparison

For the Coking Coal subindustry, Tigers Realm Coal'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.


Tigers Realm Coal Cash Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tigers Realm Coal's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Tigers Realm Coal's Cash Ratio falls into.



Tigers Realm Coal Cash Ratio Calculation

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

Tigers Realm Coal's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=26.154/29.012
=0.90

Tigers Realm Coal's Cash Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash Ratio (Q: Jun. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.103/46.173
=0.00

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.00 mean?
Tigers Realm Coal (ASX:TIG) has a Cash Ratio of 0.00 as of Jun. 2024. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Tigers Realm Coal and its competitors.
Is Tigers Realm Coal's Cash Ratio too high?
Tigers Realm Coal's current Cash Ratio is 0.00.
How does Tigers Realm Coal's Cash Ratio compare to HCC and AMR?
Tigers Realm Coal's Cash Ratio of 0.00 can be compared against companies in the Steel industry. The industry median Cash Ratio is 0.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Steel company?
The median Cash Ratio among Steel companies is 0.27, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Tigers Realm Coal and its competitors. For the Steel industry, the median Cash Ratio is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tigers Realm Coal's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tigers Realm Coal stock overvalued right now?
Tigers Realm Coal (ASX:TIG) has a current Cash Ratio of 0.00. The current Cash Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Tigers Realm Coal (ASX:TIG), the current Cash Ratio is 0.00 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tigers Realm Coal Business Description

Address 37 Leningradski Avenue, Moscow, RUS, 125167
Tigers Realm Coal Ltd is engaged in the identification, exploration, development, mining, and sale of coal from deposits in the Far East of the Russian Federation. Its objectives encompass the development of the Amaam Coking Coal Deposits, comprising its two, well-located, large coking coal projects. The Amaam Coal Project is located in the Beringovsky Basin, in the Chukotka Autonomous Okrug. The Amaam North and Amaam deposits are located within separate structural blocks of the Bering Coal Basin. Geographically the company derives revenue from the Asia and Russia region, where dominant revenue comes from Asia. The Group has two reportable segments, Amaam North Project and Amaam Project. The company generates the majority of revenue from the Amaam North Project.