Garcia Reguera (BUE:REGE) Cash Ratio : 0.46 (As of Feb. 2024)

Garcia Reguera Cash Ratio Chart

Garcia Reguera Annual Data
	Trend	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
Cash Ratio		Get a 7-Day Free Trial					0.24	0.38	0.49	0.78	0.89

Garcia Reguera Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash Ratio	Get a 7-Day Free Trial															0.48	0.47	0.89	0.48	0.46

Competitive Comparison of Garcia Reguera's Cash Ratio

For the Department Stores subindustry, Garcia Reguera'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.

Garcia Reguera's Cash Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Garcia Reguera's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Garcia Reguera's Cash Ratio falls into.

Garcia Reguera Cash Ratio Calculation

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

Garcia Reguera's Cash Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Garcia Reguera's Cash Ratio for the quarter that ended in Feb. 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.

Garcia Reguera  (BUE:REGE) 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.

Garcia Reguera Cash Ratio Related Terms

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Garcia Reguera (BUE:REGE) Business Description