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China Tourism Group Duty FreeCTGDF 81 Cash Ratio is 2.45 as of Mar. 2026, which is 44% above its 10-year median of 1.70. GuruFocus rates CTGDF with a GF Score™ of 81/100. The stock has 5 warning signs investors should review. Among 1,117 Retail - Cyclical companies, China Tourism Group Duty Free ranks better than 93.38% on this metric.
China Tourism Group Duty Free has a Cash Ratio of 2.45. 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 China Tourism Group Duty Free's Cash Ratio or its related term are showing as below:
CTGDF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.7 Max: 3.5
Current: 2.45
During the past 13 years, China Tourism Group Duty Free's highest Cash Ratio was 3.50. The lowest was 0.76. And the median was 1.70.
CTGDF's Cash Ratio is ranked better than 93.38% of 1117
companies
in the Retail - Cyclical industry
Industry Median: 0.35
vs CTGDF: 2.45
China Tourism Group Duty Free (OTCPK:CTGDF) 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.
China Tourism Group Duty Free Cash Ratio Related Terms
China Tourism Group Duty Free 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.
For the Specialty Retail subindustry, China Tourism Group Duty Free'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.
China Tourism Group Duty Free Cash Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Cash Ratio distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's Cash Ratio falls into.
* 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.
China Tourism Group Duty Free (CTGDF) has a Cash Ratio of 2.45 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on China Tourism Group Duty Free and its competitors. This is 44% above median its historical median of 1.70. Over the past decade, China Tourism Group Duty Free's Cash Ratio has ranged from 0.76 to 3.50. According to the industry distribution chart, China Tourism Group Duty Free ranks #74 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 6.6%.
Is China Tourism Group Duty Free's Cash Ratio too high?
China Tourism Group Duty Free's current Cash Ratio of 2.45 is 44% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.50. The Retail - Cyclical industry median Cash Ratio is 0.35. China Tourism Group Duty Free's value of 2.45 is 600% above this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #74 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's Cash Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #74 out of 1117 companies for Cash Ratio. This places China Tourism Group Duty Free in the top 7% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.35. China Tourism Group Duty Free's value of 2.45 is 600% above this benchmark. Historically, China Tourism Group Duty Free's own Cash Ratio has ranged from 0.76 to 3.50 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.35, China Tourism Group Duty Free has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Retail - Cyclical company?
The median Cash Ratio among Retail - Cyclical companies is 0.35, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tourism Group Duty Free's current Cash Ratio of 2.45 is 600% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current Cash Ratio is 2.45, which is 44% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current Cash Ratio of 2.45. The current Cash Ratio is 2.45, which is 44% above median its 10-year median of 1.70 and 600% above the Retail - Cyclical industry median of 0.35. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current Cash Ratio is 2.45 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score
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