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VCI Global (FRA:H0T) Cash Ratio : 0.19 (As of Jun. 2024)


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What is VCI Global 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. VCI Global's Cash Ratio for the quarter that ended in Jun. 2024 was 0.19.

VCI Global has a Cash Ratio of 0.19. 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 VCI Global's Cash Ratio or its related term are showing as below:

FRA:H0T' s Cash Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.24   Max: 1.69
Current: 0.19

During the past 4 years, VCI Global's highest Cash Ratio was 1.69. The lowest was 0.15. And the median was 0.24.

FRA:H0T's Cash Ratio is ranked worse than
76.44% of 1040 companies
in the Business Services industry
Industry Median: 0.6 vs FRA:H0T: 0.19

VCI Global Cash Ratio Historical Data

The historical data trend for VCI Global'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.

VCI Global Cash Ratio Chart

VCI Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Ratio
0.48 0.24 0.30 0.20

VCI Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash Ratio Get a 7-Day Free Trial 0.15 0.30 1.69 0.20 0.19

Competitive Comparison of VCI Global's Cash Ratio

For the Consulting Services subindustry, VCI 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.


VCI Global's Cash Ratio Distribution in the Business Services Industry

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

* The bar in red indicates where VCI Global's Cash Ratio falls into.


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VCI Global Cash Ratio Calculation

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

VCI Global's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.913/4.525
=0.20

VCI Global's Cash Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash Ratio (Q: Jun. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=1.159/6.055
=0.19

* 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.


VCI Global  (FRA:H0T) 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.


VCI Global Cash Ratio Related Terms

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VCI Global Business Description

Traded in Other Exchanges
Address
No. 3 Jalan Bangsar 59200, B03-C-8 Menara 3A, KL Eco City, Kuala Lumpur, SGR, MYS, 59200
VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.

VCI Global Headlines

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