Vuenow Infratech has a Cash Ratio of 0.00. 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 Vuenow Infratech's Cash Ratio or its related term are showing as below:
BOM:531997'
s Cash Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.4 Max: 4.65
Current: 0.28
During the past 8 years, Vuenow Infratech's highest Cash Ratio was 4.65. The lowest was 0.10. And the median was 0.40.
BOM:531997's Cash Ratio is ranked worse than 74.79% of 2777
companies
in the Software industry
Industry Median: 0.78
vs BOM:531997: 0.28
Vuenow Infratech Cash Ratio Historical Data
The historical data trend for Vuenow Infratech'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.
Competitive Comparison of Vuenow Infratech's Cash Ratio
For the Information Technology Services subindustry, Vuenow Infratech'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.
Vuenow Infratech's Cash Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Vuenow Infratech's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Vuenow Infratech'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.
Vuenow Infratech (BOM:531997) 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.
Vuenow Infratech Cash Ratio Related Terms
Thank you for viewing the detailed overview of Vuenow Infratech's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Vuenow Infratech Ltd operates in the business of buying and selling data centers. Additionally, it is involved in operating and maintaining these data centers, as well as providing them on lease to clients. This means the company not only manages the physical infrastructure and technical aspects of data centers but also offers these facilities to businesses on a rental basis, catering to their data storage and management needs. The Company also took on a new project involving the construction of a road for National Highway 45C in the state of Tamil Nadu. This project adds to the company's portfolio by expanding its activities into the infrastructure sector, specifically focusing on the development and construction of highways, which is a remarkable undertaking in the region.
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