BIQIF (BIQI International Holdings) Cash Ratio: 17.93 (As of Sep. 2018)

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What is BIQI International Holdings Cash Ratio?

BIQI International Holdings BIQIF -99.00% Cash Ratio is 17.93 as of Sep. 2018.

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. BIQI International Holdings's Cash Ratio for the quarter that ended in Sep. 2018 was 17.93.

BIQI International Holdings has a Cash Ratio of 17.93. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for BIQI International Holdings's Cash Ratio or its related term are showing as below:

BIQIF's Cash Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.38
* Ranked among companies with meaningful Cash Ratio only.

BIQI International Holdings  (OTCPK:BIQIF) 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.


BIQI International Holdings Cash Ratio Related Terms


BIQI International Holdings Cash Ratio Historical Data

* Premium members only.

The historical data trend for BIQI International Holdings'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.

BIQI International Holdings Cash Ratio Chart

BIQI International Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 4.81 2.80 13.41 17.81

BIQI International Holdings Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 17.30 17.81 17.26 17.77 17.93

BIQI International Holdings Cash Ratio Competitor Comparison

For the Farm Products subindustry, BIQI International Holdings'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.


BIQI International Holdings Cash Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BIQI International Holdings's Cash Ratio distribution charts can be found below:

* The bar in red indicates where BIQI International Holdings's Cash Ratio falls into.



BIQI International Holdings Cash Ratio Calculation

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

BIQI International Holdings's Cash Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Cash Ratio (A: Dec. 2017 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=62.636/3.517
=17.81

BIQI International Holdings's Cash Ratio for the quarter that ended in Sep. 2018 is calculated as:

Cash Ratio (Q: Sep. 2018 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=61.41/3.425
=17.93

* 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 17.93 mean?
BIQI International Holdings (BIQIF) has a Cash Ratio of 17.93 as of Sep. 2018. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on BIQI International Holdings and its competitors.
Is BIQI International Holdings' Cash Ratio too high?
BIQI International Holdings' current Cash Ratio is 17.93. The Consumer Packaged Goods industry median Cash Ratio is 0.38. BIQI International Holdings' value of 17.93 is 4618.4% above this industry median.
How does BIQI International Holdings' Cash Ratio compare to competitors?
BIQI International Holdings' Cash Ratio of 17.93 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Ratio is 0.38. BIQI International Holdings' value of 17.93 is 4618.4% above this benchmark. 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 Consumer Packaged Goods company?
The median Cash Ratio among Consumer Packaged Goods companies is 0.38, based on 1,923 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. BIQI International Holdings's current Cash Ratio of 17.93 is 4618.4% above the industry median. 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 BIQI International Holdings and its competitors. For the Consumer Packaged Goods industry, the median Cash Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BIQI International Holdings's current Cash Ratio is 17.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BIQI International Holdings stock overvalued right now?
BIQI International Holdings (BIQIF) has a current Cash Ratio of 17.93. The current Cash Ratio is 17.93 and 4618.4% above the Consumer Packaged Goods industry median of 0.38. 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 BIQI International Holdings (BIQIF), the current Cash Ratio is 17.93 as of Sep. 2018. 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.

BIQI International Holdings Business Description

Address 228 Yanjiang Avenue, Jiangan District, Suite K, 12th Floor, Building A, Jiangjing Mansion, Hubei, Wuhan, CHN, 430010
BIQI International Holdings Corp is a Virgin Islands-based investment company. It has two operating segments namely, Hog Farming and Retail. The Hog Farming segment consists of sales of breeder hogs and market hogs. The Retail segment consists of selling specialty pork products through supermarkets and other outlets. Hog Farming segment generates most of the revenue for the firm.