Balamara Resources (FRA:CDU) Cash Ratio : 1.24 (As of Dec. 2014)

Balamara Resources Cash Ratio Chart

Balamara Resources Annual Data
	Trend	Jun02	Jun03	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Cash Ratio		Get a 7-Day Free Trial					3.57	7.40	4.70	0.22	0.29

Balamara Resources Semi-Annual Data
	Dec02	Jun03	Dec03	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Cash Ratio	Get a 7-Day Free Trial															1.96	0.22	3.92	0.29	1.24

Competitive Comparison of Balamara Resources's Cash Ratio

For the Other Industrial Metals & Mining subindustry, Balamara Resources'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.

Balamara Resources's Cash Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Balamara Resources's Cash Ratio falls into.

Balamara Resources Cash Ratio Calculation

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

Balamara Resources's Cash Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Balamara Resources's Cash Ratio for the quarter that ended in Dec. 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.

Balamara Resources  (FRA:CDU) 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.

Balamara Resources Cash Ratio Related Terms

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Balamara Resources (FRA:CDU) Business Description