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Silex Systems (FRA:RW4) Cash Ratio : 13.57 (As of Jun. 2024)


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What is Silex Systems 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. Silex Systems's Cash Ratio for the quarter that ended in Jun. 2024 was 13.57.

Silex Systems has a Cash Ratio of 13.57. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Silex Systems's Cash Ratio or its related term are showing as below:

FRA:RW4' s Cash Ratio Range Over the Past 10 Years
Min: 10.31   Med: 15.69   Max: 48.87
Current: 13.57

During the past 13 years, Silex Systems's highest Cash Ratio was 48.87. The lowest was 10.31. And the median was 15.69.

FRA:RW4's Cash Ratio is ranked better than
97.11% of 1002 companies
in the Semiconductors industry
Industry Median: 1 vs FRA:RW4: 13.57

Silex Systems Cash Ratio Historical Data

The historical data trend for Silex Systems'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.

Silex Systems Cash Ratio Chart

Silex Systems Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.25 10.31 17.12 48.87 13.57

Silex Systems Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 17.12 11.34 48.87 21.50 13.57

Competitive Comparison of Silex Systems's Cash Ratio

For the Semiconductors subindustry, Silex Systems'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.


Silex Systems's Cash Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Silex Systems's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Silex Systems's Cash Ratio falls into.



Silex Systems Cash Ratio Calculation

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

Silex Systems's Cash Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Cash Ratio (A: Jun. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=72.17/5.32
=13.57

Silex Systems'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
=72.17/5.32
=13.57

* 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.


Silex Systems  (FRA:RW4) 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.


Silex Systems Cash Ratio Related Terms

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Silex Systems Business Description

Address
New Illawarra Road, Building 64, Lucas Heights Science and Technology Centre, Lucas Heights, Sydney, NSW, AUS, 2234
Silex Systems Ltd is an Australian research and development company. The company focused on the development of the SILEX laser uranium enrichment technology as the next-generation technology for the uranium enrichment industry. The company's operating segment includes Silex Systems; Silex USA, and Translucent. It generates maximum revenue from the Silex Systems segment.

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