DRNG (Drone Guarder) Cash Ratio: 0.01 (As of Oct. 2018)

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What is Drone Guarder Cash Ratio?

Drone Guarder DRNG -99.00% Cash Ratio is 0.01 as of Oct. 2018.

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. Drone Guarder's Cash Ratio for the quarter that ended in Oct. 2018 was 0.01.

Drone Guarder has a Cash Ratio of 0.01. 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 Drone Guarder's Cash Ratio or its related term are showing as below:

DRNG's Cash Ratio is not ranked *
in the Business Services industry.
Industry Median: 0.63
* Ranked among companies with meaningful Cash Ratio only.

Drone Guarder  (OTCPK:DRNG) 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.


Drone Guarder Cash Ratio Related Terms


Drone Guarder Cash Ratio Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Cash Ratio Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Cash Ratio
Get a 7-Day Free Trial 1.29 0.11 0.10 0.03 0.02

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.02 0.04 0.08 0.01

DRNG vs BLPG, VII, HCGS: Cash Ratio Comparison

For the Security & Protection Services subindustry, Drone Guarder'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.


Drone Guarder Cash Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Drone Guarder's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Drone Guarder's Cash Ratio falls into.



Drone Guarder Cash Ratio Calculation

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

Drone Guarder's Cash Ratio for the fiscal year that ended in Jan. 2018 is calculated as:

Cash Ratio (A: Jan. 2018 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.02/0.806
=0.02

Drone Guarder's Cash Ratio for the quarter that ended in Oct. 2018 is calculated as:

Cash Ratio (Q: Oct. 2018 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.032/2.174
=0.01

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.01 mean?
Drone Guarder (DRNG) has a Cash Ratio of 0.01 as of Oct. 2018. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Drone Guarder and its competitors.
Is Drone Guarder's Cash Ratio too high?
Drone Guarder's current Cash Ratio is 0.01. The Business Services industry median Cash Ratio is 0.63. Drone Guarder's value of 0.01 is 98.4% below this industry median.
How does Drone Guarder's Cash Ratio compare to BLPG and VII?
Drone Guarder's Cash Ratio of 0.01 can be compared against companies in the Business Services industry. The industry median Cash Ratio is 0.63. Drone Guarder's value of 0.01 is 98.4% below this benchmark. 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 Business Services company?
The median Cash Ratio among Business Services companies is 0.63, based on 1,063 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. Drone Guarder's current Cash Ratio of 0.01 is 98.4% below 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 Drone Guarder and its competitors. For the Business Services industry, the median Cash Ratio is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Drone Guarder's current Cash Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Cash Ratio of 0.01. The current Cash Ratio is 0.01 and 98.4% below the Business Services industry median of 0.63. 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 Drone Guarder (DRNG), the current Cash Ratio is 0.01 as of Oct. 2018. 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.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.