Yong Thai PCL has a Cash Ratio of 0.18. 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 Yong Thai PCL's Cash Ratio or its related term are showing as below:
BKK:YCI-R'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 1.13
Current: 0.18
During the past 13 years, Yong Thai PCL's highest Cash Ratio was 1.13. The lowest was 0.01. And the median was 0.02.
BKK:YCI-R's Cash Ratio is not ranked
in the Chemicals industry.
Industry Median: 0.5
vs BKK:YCI-R: 0.18
Yong Thai PCL (BKK:YCI-R) 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.
Yong Thai PCL Cash Ratio Related Terms
Yong Thai PCL Cash Ratio Historical Data
* Premium members only.
The historical data trend for Yong Thai 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 Chemicals subindustry, Yong Thai 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.
Yong Thai PCL Cash Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yong Thai PCL's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Yong Thai 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.
Yong Thai PCL (BKK:YCI-R) has a Cash Ratio of 0.18 as of Mar. 2021. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Yong Thai PCL and its competitors. This is 800% above median its historical median of 0.02. Over the past decade, Yong Thai PCL's Cash Ratio has ranged from 0.01 to 1.13.
Is Yong Thai PCL's Cash Ratio too high?
Yong Thai PCL's current Cash Ratio of 0.18 is 800% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.13. The Chemicals industry median Cash Ratio is 0.50. Yong Thai PCL's value of 0.18 is 64% below this industry median. Overall, Yong Thai PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yong Thai PCL's Cash Ratio compare to APD and DD?
Yong Thai PCL's Cash Ratio of 0.18 can be compared against companies in the Chemicals industry. The industry median Cash Ratio is 0.50. Yong Thai PCL's value of 0.18 is 64% below this benchmark. Historically, Yong Thai PCL's own Cash Ratio has ranged from 0.01 to 1.13 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.50, Yong Thai PCL has consistently been below 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 a Chemicals company?
The median Cash Ratio among Chemicals companies is 0.50, based on 1,587 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. Yong Thai PCL's current Cash Ratio of 0.18 is 64% below 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 Yong Thai PCL and its competitors. For the Chemicals industry, the median Cash Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Thai PCL's current Cash Ratio is 0.18, which is 800% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Thai PCL stock overvalued right now?
Yong Thai PCL (BKK:YCI-R) has a current Cash Ratio of 0.18. The current Cash Ratio is 0.18, which is 800% above median its 10-year median of 0.02 and 64% below the Chemicals industry median of 0.50. Yong Thai PCL's overall GF Score™ is 4/100 with 5 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 Yong Thai PCL (BKK:YCI-R), the current Cash Ratio is 0.18 as of Mar. 2021. 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.
Yong Thai PCL is a Thailand-based company engaged in the production of industrial chemicals. It has a single reportable segment which is the Business concerning zirconium production. Its business operation is located in Thailand. The products offered by the company include Zirconium Silicate, Zircon Flour, Zircon Sand, Liquid Acid, Sulphur, and Aluminium Hydroxide.
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