BrightSphere Investment Group has a Cash Ratio of 3.50. 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 BrightSphere Investment Group's Cash Ratio or its related term are showing as below:
BSIG'
s Cash Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.97 Max: 6.94
Current: 3.5
During the past 13 years, BrightSphere Investment Group's highest Cash Ratio was 6.94. The lowest was 0.35. And the median was 0.97.
BSIG's Cash Ratio is ranked better than 63.7% of 664
companies
in the Asset Management industry
Industry Median: 1.59
vs BSIG: 3.50
BrightSphere Investment Group 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 BrightSphere Investment Group's Cash Ratio
For the Asset Management subindustry, BrightSphere Investment Group'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.
BrightSphere Investment Group's Cash Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BrightSphere Investment Group's Cash Ratio distribution charts can be found below:
* The bar in red indicates where BrightSphere Investment Group's Cash Ratio falls into.
BrightSphere Investment Group Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
* 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.
BrightSphere Investment Group (NYSE:BSIG) 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.
BrightSphere Investment Group Cash Ratio Related Terms
Thank you for viewing the detailed overview of BrightSphere Investment Group's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
BrightSphere Investment Group (BrightSphere Investment Group) Business Description
BrightSphere Investment Group Inc is a diversified, multi-boutique asset management company. The company's diverse affiliates offer alpha-generating investment products to investors around the world. Its reportable segment includes Quant and Solutions, which comprises of versatile, tailored strategies that leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including non-U.S. and small-cap equities, as well as managed volatility, ESG, multi-asset, equity alternatives, and long/short strategies.. Its affiliates offer products in the U.S, international and emerging markets equities; U.S. fixed income; and alternative investments, including timber and secondary Funds.
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