Amfil Technologies has a Cash Ratio of 0.01. 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 Amfil Technologies's Cash Ratio or its related term are showing as below:
FUNN's Cash Ratio is not ranked *
in the Conglomerates industry.
Industry Median: 0.41 * Ranked among companies with meaningful Cash Ratio only.
Amfil Technologies (OTCPK:FUNN) 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.
Amfil Technologies Cash Ratio Related Terms
Amfil Technologies Cash Ratio Historical Data
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The historical data trend for Amfil Technologies'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.
For the Conglomerates subindustry, Amfil Technologies'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.
Amfil Technologies Cash Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Amfil Technologies's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Amfil Technologies'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.
Amfil Technologies (FUNN) has a Cash Ratio of 0.01 as of Jun. 2023. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Amfil Technologies and its competitors.
Is Amfil Technologies' Cash Ratio too high?
Amfil Technologies' current Cash Ratio is 0.01. The Conglomerates industry median Cash Ratio is 0.41. Amfil Technologies' value of 0.01 is 97.6% below this industry median.
How does Amfil Technologies' Cash Ratio compare to AXXA and RJDG?
Amfil Technologies' Cash Ratio of 0.01 can be compared against companies in the Conglomerates industry. The industry median Cash Ratio is 0.41. Amfil Technologies' value of 0.01 is 97.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Conglomerates company?
The median Cash Ratio among Conglomerates companies is 0.41, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amfil Technologies's current Cash Ratio of 0.01 is 97.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Amfil Technologies and its competitors. For the Conglomerates industry, the median Cash Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amfil Technologies's current Cash Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amfil Technologies stock overvalued right now?
Amfil Technologies (FUNN) has a current Cash Ratio of 0.01. The current Cash Ratio is 0.01 and 97.6% below the Conglomerates industry median of 0.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Amfil Technologies (FUNN), the current Cash Ratio is 0.01 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.
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