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Nova Empire PCLBKK:NOVA -5.93%45 Cash Ratio is 1.01 as of Jun. 2026, which is 11% below its 10-year median of 1.13. GuruFocus rates BKK:NOVA with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 975 Oil & Gas companies, Nova Empire PCL ranks better than 70.56% on this metric.
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.
Nova Empire PCL Cash Ratio Related Terms
Nova Empire PCL Cash Ratio Historical Data
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The historical data trend for Nova Empire PCL'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.
For the Oil & Gas Midstream subindustry, Nova Empire PCL'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.
Nova Empire PCL Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nova Empire PCL's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Nova Empire PCL's Cash Ratio falls into.
* 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.
Nova Empire PCL (BKK:NOVA) has a Cash Ratio of 1.01 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Nova Empire PCL and its competitors. This is 11% below median its historical median of 1.13. Over the past decade, Nova Empire PCL's Cash Ratio has ranged from 0.07 to 23.56. According to the industry distribution chart, Nova Empire PCL ranks #287 out of 975 companies in the Oil & Gas industry, placing it in the top 29.4%.
Is Nova Empire PCL's Cash Ratio too high?
Nova Empire PCL's current Cash Ratio of 1.01 is 11% below median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 23.56. The Oil & Gas industry median Cash Ratio is 0.46. Nova Empire PCL's value of 1.01 is 119.6% above this industry median. Based on the distribution chart, Nova Empire PCL ranks #287 out of 975 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Nova Empire PCL has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Nova Empire PCL's Cash Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Nova Empire PCL ranks #287 out of 975 companies for Cash Ratio. This puts Nova Empire PCL in the upper half of its industry. The industry median Cash Ratio is 0.46. Nova Empire PCL's value of 1.01 is 119.6% above this benchmark. Historically, Nova Empire PCL's own Cash Ratio has ranged from 0.07 to 23.56 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 0.46, Nova Empire PCL has consistently been above the industry average. 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 an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.46, based on 975 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. Nova Empire PCL's current Cash Ratio of 1.01 is 119.6% 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 Nova Empire PCL and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Empire PCL's current Cash Ratio is 1.01, which is 11% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Empire PCL stock overvalued right now?
Nova Empire PCL (BKK:NOVA) has a current Cash Ratio of 1.01. The current Cash Ratio is 1.01, which is 11% below median its 10-year median of 1.13 and 119.6% above the Oil & Gas industry median of 0.46. Nova Empire PCL's overall GF Score™ is 45/100 with 3 warning signs to review. 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 Nova Empire PCL (BKK:NOVA), the current Cash Ratio is 1.01 as of Jun. 2026. 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.
Nova Empire PCL operates in the investment activity. The company has two operating segments: the solar power segment and the offshore services segment in the oil and natural gas industry. The company operates in Thailand only.
45GF Score
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