GIT (Going International Holding Co) Cash Ratio: 6.59 (As of Mar. 2025)

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What is Going International Holding Co Cash Ratio?

Going International Holding Co GIT Cash Ratio is 6.59 as of Mar. 2025.

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. Going International Holding Co's Cash Ratio for the quarter that ended in Mar. 2025 was 6.59.

Going International Holding Co has a Cash Ratio of 6.59. 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 Going International Holding Co's Cash Ratio or its related term are showing as below:

GIT's Cash Ratio is not ranked *
in the Software industry.
Industry Median: 0.78
* Ranked among companies with meaningful Cash Ratio only.

Going International Holding Co  (NAS:GIT) 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.


Going International Holding Co Cash Ratio Related Terms


Going International Holding Co Cash Ratio Historical Data

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The historical data trend for Going International Holding Co'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.

Going International Holding Co Cash Ratio Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
Cash Ratio
0.77 2.09 2.41

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Cash Ratio Get a 7-Day Free Trial 1.96 2.41 2.82 4.06 6.59

GIT vs : Cash Ratio Comparison

For the Software - Application subindustry, Going International Holding Co'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.


Going International Holding Co Cash Ratio vs Software Industry

For the Software industry and Technology sector, Going International Holding Co's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Going International Holding Co's Cash Ratio falls into.



Going International Holding Co Cash Ratio Calculation

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

Going International Holding Co's Cash Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Cash Ratio (A: Sep. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=7.867/3.267
=2.41

Going International Holding Co's Cash Ratio for the quarter that ended in Mar. 2025 is calculated as:

Cash Ratio (Q: Mar. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=17.489/2.652
=6.59

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 6.59 mean?
Going International Holding Co (GIT) has a Cash Ratio of 6.59 as of Mar. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Going International Holding Co and its competitors.
Is Going International Holding Co's Cash Ratio too high?
Going International Holding Co's current Cash Ratio is 6.59. The Software industry median Cash Ratio is 0.78. Going International Holding Co's value of 6.59 is 744.9% above this industry median.
How does Going International Holding Co's Cash Ratio compare to ?
Going International Holding Co's Cash Ratio of 6.59 can be compared against companies in the Software industry. The industry median Cash Ratio is 0.78. Going International Holding Co's value of 6.59 is 744.9% above 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 Software company?
The median Cash Ratio among Software companies is 0.78, based on 2,819 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. Going International Holding Co's current Cash Ratio of 6.59 is 744.9% above 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 Going International Holding Co and its competitors. For the Software industry, the median Cash Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Going International Holding Co's current Cash Ratio is 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Going International Holding Co stock overvalued right now?
Going International Holding Co (GIT) has a current Cash Ratio of 6.59. The current Cash Ratio is 6.59 and 744.9% above the Software industry median of 0.78. 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 Going International Holding Co (GIT), the current Cash Ratio is 6.59 as of Mar. 2025. 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.

Going International Holding Co Business Description

Comparable Companies
Address No. 3099 Keyuan South Road, Yuehai Street, 46F, China Energy Storage Building, High-tech Zone Community, Nanshan District, Shenzhen, CHN
Going International Holding Co Ltd is a back-testing solution engaged in quantitative trading strategies development and related services. It offers back-testing SaaS platform, enterprise management SaaS solutions and software system development services. Back-testing SaaS platform integrates data, strategies, and distributed task scheduling for computing power resources to provide customers with high-performance back-testing tools and computing power services to test the effectiveness of investment strategies. Enterprise management SaaS products offer innovative and comprehensive functionalities including omni-channel marketing, customer relationship management, and business reporting.