Matba Rofex Sociedad Anonima (BUE:MTR) Cash Ratio : 1.64 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Matba Rofex Sociedad Anonima 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. Matba Rofex Sociedad Anonima's Cash Ratio for the quarter that ended in Mar. 2024 was 1.64.

Matba Rofex Sociedad Anonima has a Cash Ratio of 1.64. 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 Matba Rofex Sociedad Anonima's Cash Ratio or its related term are showing as below:

BUE:MTR' s Cash Ratio Range Over the Past 10 Years
Min: 1.11 Med: 4.65 Max: 9.19
Current: 1.75

During the past 13 years, Matba Rofex Sociedad Anonima's highest Cash Ratio was 9.19. The lowest was 1.11. And the median was 4.65.

BUE:MTR's Cash Ratio is not ranked
in the Capital Markets industry.
Industry Median: 0.92 vs BUE:MTR: 1.75

Matba Rofex Sociedad Anonima Cash Ratio Historical Data

The historical data trend for Matba Rofex Sociedad Anonima'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.

Matba Rofex Sociedad Anonima Cash Ratio Chart

Matba Rofex Sociedad Anonima Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash Ratio

Get a 7-Day Free Trial

4.47

1.77

1.44

1.35

1.67

Matba Rofex Sociedad Anonima Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash Ratio	Get a 7-Day Free Trial															1.11	1.67	1.95	1.75	1.64

Competitive Comparison of Matba Rofex Sociedad Anonima's Cash Ratio

For the Financial Data & Stock Exchanges subindustry, Matba Rofex Sociedad Anonima'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.

Matba Rofex Sociedad Anonima's Cash Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Matba Rofex Sociedad Anonima's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Matba Rofex Sociedad Anonima's Cash Ratio falls into.

Matba Rofex Sociedad Anonima Cash Ratio Calculation

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

Matba Rofex Sociedad Anonima's Cash Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash Ratio (A: Jun. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	45142.849	/	27093.895
	=	1.67

Matba Rofex Sociedad Anonima's Cash Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash Ratio (Q: Mar. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	146764.873	/	89583.672
	=	1.64

Matba Rofex Sociedad Anonima (BUE:MTR) 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.

Matba Rofex Sociedad Anonima Cash Ratio Related Terms

Thank you for viewing the detailed overview of Matba Rofex Sociedad Anonima's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Matba Rofex Sociedad Anonima (BUE:MTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Matba Rofex Sociedad Anonima (BUE:MTR) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paraguay 777 Piso 15, Rosario, ARG

Website

https://www.matbarofex.com.ar

Matba Rofex Sociedad Anonima is an agricultural futures and options Exchange in Latin America. Approximately, more than 75 members trade futures and options contracts on agricultural commodities using the open outcry system or company's electronic platform. The company registers, guarantees, clears and settles every contract traded at the Exchange. It also offers through Fundación MATba a large number of educational and training programs. These programs cover a range of topics involving derivatives, strategies and back office administration, among others.