Falcons Beyond Global has a Cash Ratio of 0.02. 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 Falcons Beyond Global's Cash Ratio or its related term are showing as below:
FBYD'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.48
Current: 0.02
During the past 3 years, Falcons Beyond Global's highest Cash Ratio was 0.48. The lowest was 0.01. And the median was 0.05.
FBYD's Cash Ratio is ranked worse than 97.86% of 562
companies
in the Conglomerates industry
Industry Median: 0.39
vs FBYD: 0.02
* 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.
Competitive Comparison of Falcons Beyond Global's Cash Ratio
For the Conglomerates subindustry, Falcons Beyond Global'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.
Falcons Beyond Global's Cash Ratio Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Falcons Beyond Global's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Falcons Beyond Global'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.
Falcons Beyond Global (NAS:FBYD) 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.
Falcons Beyond Global Cash Ratio Related Terms
Thank you for viewing the detailed overview of Falcons Beyond Global's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Falcons Beyond Global Inc. is a Company that provides a full range of theme park design, master planning, and experiential technologies for customers in the entertainment and attraction industry through its Falcon's Creative Group reportable segment and develops and co-owns resort and theme park attractions through its Destinations Operations. The Company has five operating segments, Falcon's Creative Group, PDP, Sierra Parima, Falcon's Beyond Brands, and Destinations Operations, all of which are reportable segments. It earns the majority of the revenue from Falcon's Creative Group segment.
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