Aleia Holding AG has a Cash Ratio of 0.00. 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 Aleia Holding AG's Cash Ratio or its related term are showing as below:
During the past 13 years, Aleia Holding AG's highest Cash Ratio was 0.06. The lowest was 0.04. And the median was 0.05.
HAM:EBGK's Cash Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.42 * Ranked among companies with meaningful Cash Ratio only.
Aleia Holding AG Cash Ratio Historical Data
The historical data trend for Aleia Holding AG'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.
Competitive Comparison of Aleia Holding AG's Cash Ratio
For the Utilities - Renewable subindustry, Aleia Holding AG'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.
Aleia Holding AG's Cash Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Aleia Holding AG's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Aleia Holding AG's Cash Ratio falls into.
Aleia Holding AG Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Aleia Holding AG's Cash Ratio for the fiscal year that ended in Dec. 2022 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.
Aleia Holding AG (HAM:EBGK) 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.
Aleia Holding AG Cash Ratio Related Terms
Thank you for viewing the detailed overview of Aleia Holding AG's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Aleia Holding AG is engaged in the development and implementation of projects in the field of renewable energy and resource conversation and renewable energies, in particular biogas and wind energy.
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