Specialty Natural Products PCL has a Cash Ratio of 6.71. 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 Specialty Natural Products PCL's Cash Ratio or its related term are showing as below:
BKK:SNPS-F'
s Cash Ratio Range Over the Past 10 Years
Min: 0.9 Med: 3.11 Max: 6.71
Current: 6.71
During the past 3 years, Specialty Natural Products PCL's highest Cash Ratio was 6.71. The lowest was 0.90. And the median was 3.11.
BKK:SNPS-F's Cash Ratio is ranked better than 96.63% of 1867
companies
in the Consumer Packaged Goods industry
Industry Median: 0.39
vs BKK:SNPS-F: 6.71
Specialty Natural Products PCL 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 Specialty Natural Products PCL's Cash Ratio
For the Household & Personal Products subindustry, Specialty Natural Products 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.
Specialty Natural Products PCL's Cash Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Specialty Natural Products PCL's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Specialty Natural Products 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.
Specialty Natural Products PCL (BKK:SNPS-F) 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.
Specialty Natural Products PCL Cash Ratio Related Terms
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Specialty Natural Products PCL Business Description
Specialty Natural Products PCL produces and extracts Thai herbs that meet world-class standards, which are used in the medical field, weight loss supplements, body care supplements, food and cosmetic businesses. The company is a processor of nutraceuticals, functional food, beverage, cosmetic, and body care ingredients. Its herbal active pharmaceutical ingredients include Senna Extract Liquid and Andrographis Paniculata Extract Powder. The Group generates revenue from external customers from both domestic and overseas. Key revenue is generated from the domestic costumers.
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