Genus Paper & Boards has a Cash Ratio of 0.13. 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 Genus Paper & Boards's Cash Ratio or its related term are showing as below:
BOM:538961'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.26
Current: 0.13
During the past 11 years, Genus Paper & Boards's highest Cash Ratio was 0.26. The lowest was 0.01. And the median was 0.11.
BOM:538961's Cash Ratio is ranked worse than 69.4% of 281
companies
in the Forest Products industry
Industry Median: 0.29
vs BOM:538961: 0.13
Genus Paper & Boards Cash Ratio Historical Data
The historical data trend for Genus Paper & Boards'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 Genus Paper & Boards's Cash Ratio
For the Paper & Paper Products subindustry, Genus Paper & Boards'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.
Genus Paper & Boards's Cash Ratio Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Genus Paper & Boards's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Genus Paper & Boards's Cash Ratio falls into.
Genus Paper & Boards Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Genus Paper & Boards's Cash Ratio for the fiscal year that ended in Mar. 2024 is calculated as:
* 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.
Genus Paper & Boards (BOM:538961) 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.
Genus Paper & Boards Cash Ratio Related Terms
Thank you for viewing the detailed overview of Genus Paper & Boards's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Genus Paper & Boards Ltd is engaged in the business of manufacture of Kraft paper and M.S. Ingot. The company operates in a single segment which is Kraft Paper and allied product. Kraft paper is classified as industrial paper and is used by the packaging industry in making corrugated boxes and liners, corrugated sacks, and composite containers. The company has two paper plants within factory premises. One waste paper-based is for manufacturing multi-layered Kraft paper and the second for manufacturing of Kraft paper. The use of ingots goes into the housing and infrastructure sector.
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