Bayfield Ventures (FRA:B4N) Cash Ratio : 97.60 (As of Jul. 2014)

Bayfield Ventures Cash Ratio Chart

Bayfield Ventures Annual Data
	Trend	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13
Cash Ratio		Get a 7-Day Free Trial					0.47	18.24	6.23	8.01	1.58

Bayfield Ventures Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14
Cash Ratio	Get a 7-Day Free Trial															34.36	1.58	0.23	0.80	97.60

Competitive Comparison of Bayfield Ventures's Cash Ratio

For the Gold subindustry, Bayfield Ventures'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.

Bayfield Ventures's Cash Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bayfield Ventures's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Bayfield Ventures's Cash Ratio falls into.

Bayfield Ventures Cash Ratio Calculation

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

Bayfield Ventures's Cash Ratio for the fiscal year that ended in Oct. 2013 is calculated as:

Bayfield Ventures's Cash Ratio for the quarter that ended in Jul. 2014 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.

Bayfield Ventures  (FRA:B4N) 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.

Bayfield Ventures Cash Ratio Related Terms

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Bayfield Ventures (FRA:B4N) Business Description