Dragoneer Growth Opportunities (Dragoneer Growth Opportunities) Cash Ratio : 0.00 (As of Jun. 2020)

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What is Dragoneer Growth Opportunities 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. Dragoneer Growth Opportunities's Cash Ratio for the quarter that ended in Jun. 2020 was 0.00.

Dragoneer Growth Opportunities has a Cash Ratio of 0.00. 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 Dragoneer Growth Opportunities's Cash Ratio or its related term are showing as below:

DGNR.U's Cash Ratio is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cash Ratio only.

Dragoneer Growth Opportunities Cash Ratio Historical Data

The historical data trend for Dragoneer Growth Opportunities'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.

Dragoneer Growth Opportunities Cash Ratio Chart

Dragoneer Growth Opportunities Annual Data

Trend

Dec20

Cash Ratio

0.66

Dragoneer Growth Opportunities Semi-Annual Data
	Jun20
Cash Ratio	-

Competitive Comparison of Dragoneer Growth Opportunities's Cash Ratio

For the Shell Companies subindustry, Dragoneer Growth Opportunities'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.

Dragoneer Growth Opportunities's Cash Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Dragoneer Growth Opportunities's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Dragoneer Growth Opportunities's Cash Ratio falls into.

Dragoneer Growth Opportunities Cash Ratio Calculation

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

Dragoneer Growth Opportunities's Cash Ratio for the fiscal year that ended in . 20 is calculated as:

Cash Ratio (A: . 20 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=		/
	=

Dragoneer Growth Opportunities's Cash Ratio for the quarter that ended in Jun. 2020 is calculated as:

Cash Ratio (Q: Jun. 2020 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	0	/	0.155
	=	0.00

Dragoneer Growth Opportunities (NYSE:DGNR.U) 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.

Dragoneer Growth Opportunities Cash Ratio Related Terms

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Dragoneer Growth Opportunities (Dragoneer Growth Opportunities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Dragoneer Growth Opportunities Corp (NYSE:DGNR.U) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Letterman Drive, Building D, Suite M500, San Francisco, CA, USA, 94129

Website

https://www.dragoneergrowth.com

Dragoneer Growth Opportunities Corp is a blank check company.

Executives

Sarah Friar	director	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Marc Stad	director, 10 percent owner, officer: Chief Executive Officer	ONE LETTERMAN DRIVE, BUILDING C, SUITE 3, SAN FRANCISCO CA 94129
Douglas Merritt	director	C/O SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Gokul Rajaram	director	301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jay Simons	director	25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
David D Ossip	director	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Pat Robertson	director, officer: President and COO	1 LETTERMAN DRIVE, BUILDING D, SUITE M500, SAN FRANCISCO CA 94129
Dragoneer Growth Opportunities Holdings	10 percent owner	1 LETTERMAN DRIVE, BUILDING D, SUITE M500, SAN FRANCISCO CA 94129