Budweiser Brewing Co APAC has a Cash Ratio of 0.68. 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 Budweiser Brewing Co APAC's Cash Ratio or its related term are showing as below:
BDWBF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.37 Max: 0.68
Current: 0.68
During the past 7 years, Budweiser Brewing Co APAC's highest Cash Ratio was 0.68. The lowest was 0.22. And the median was 0.37.
BDWBF's Cash Ratio is ranked better than 70.79% of 202
companies
in the Beverages - Alcoholic industry
Industry Median: 0.325
vs BDWBF: 0.68
Budweiser Brewing Co APAC Cash Ratio Historical Data
* 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 Budweiser Brewing Co APAC's Cash Ratio
For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC'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.
Budweiser Brewing Co APAC's Cash Ratio Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Budweiser Brewing Co APAC's Cash Ratio falls into.
Budweiser Brewing Co APAC Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Budweiser Brewing Co APAC'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.
Budweiser Brewing Co APAC (OTCPK:BDWBF) 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.
Budweiser Brewing Co APAC Cash Ratio Related Terms
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Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Business Description
Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.
Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Headlines
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