GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Awfis Space Solutions Ltd (BOM:544181) » Definitions » Cash Ratio

Awfis Space Solutions (BOM:544181) Cash Ratio : 0.10 (As of Mar. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Awfis Space Solutions Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Awfis Space Solutions's Cash Ratio for the quarter that ended in Mar. 2023 was 0.10.

Awfis Space Solutions has a Cash Ratio of 0.10. 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 Awfis Space Solutions's Cash Ratio or its related term are showing as below:

BOM:544181' s Cash Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.12   Max: 0.77
Current: 0.1

During the past 3 years, Awfis Space Solutions's highest Cash Ratio was 0.77. The lowest was 0.10. And the median was 0.12.

BOM:544181's Cash Ratio is ranked worse than
85.39% of 1047 companies
in the Business Services industry
Industry Median: 0.59 vs BOM:544181: 0.10

Awfis Space Solutions Cash Ratio Historical Data

The historical data trend for Awfis Space Solutions'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.

* Premium members only.

Awfis Space Solutions Cash Ratio Chart

Awfis Space Solutions Annual Data
Trend Mar21 Mar22 Mar23
Cash Ratio
0.77 0.12 0.10

Awfis Space Solutions Semi-Annual Data
Mar21 Mar22 Mar23
Cash Ratio 0.77 0.12 0.10

Competitive Comparison of Awfis Space Solutions's Cash Ratio

For the Rental & Leasing Services subindustry, Awfis Space Solutions'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.


Awfis Space Solutions's Cash Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Awfis Space Solutions's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Awfis Space Solutions's Cash Ratio falls into.



Awfis Space Solutions Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Awfis Space Solutions's Cash Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash Ratio (A: Mar. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=285.36/2804.57
=0.10

Awfis Space Solutions's Cash Ratio for the quarter that ended in Mar. 2023 is calculated as:

Cash Ratio (Q: Mar. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=285.36/2804.57
=0.10

* 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.


Awfis Space Solutions  (BOM:544181) 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.


Awfis Space Solutions Cash Ratio Related Terms

Thank you for viewing the detailed overview of Awfis Space Solutions's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Awfis Space Solutions Business Description

Comparable Companies
Traded in Other Exchanges
Address
Qutab Institutional Area, C-28-29, Kissan Bhawan, New Delhi, IND, 110016
Awfis Space Solutions Ltd is a flexible workspace solutions company with a presence in various cities in India. It provides a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small and medium enterprises (SMEs) as well as for large corporates and multi-national corporations. It also provides integrated facility management services and enterprise workspace designing and building services. The group is organized into several business segments: Providing co-working space on rent and allied services, Facility management services, Construction and fit-out services, and Other services. Key revenue is generated from Co-working space on rent and allied services.

Awfis Space Solutions Headlines

No Headlines