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Hong Kong Economic Times Holdings has a Cash Ratio of 2.12. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
Hong Kong Economic Times Holdings (HKSE:00423) 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.
Hong Kong Economic Times Holdings Cash Ratio Related Terms
Hong Kong Economic Times Holdings Cash Ratio Historical Data
* 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.
Hong Kong Economic Times Holdings Cash Ratio Chart
For the Publishing subindustry, Hong Kong Economic Times Holdings'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.
Hong Kong Economic Times Holdings Cash Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Hong Kong Economic Times Holdings's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Hong Kong Economic Times Holdings'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.
Hong Kong Economic Times Holdings (HKSE:00423) has a Cash Ratio of 2.12 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Hong Kong Economic Times Holdings and its competitors. This is 25% above median its historical median of 1.70. Over the past decade, Hong Kong Economic Times Holdings' Cash Ratio has ranged from 0.92 to 2.26. According to the industry distribution chart, Hong Kong Economic Times Holdings ranks #161 out of 999 companies in the Media - Diversified industry, placing it in the top 16.1%.
Is Hong Kong Economic Times Holdings' Cash Ratio too high?
Hong Kong Economic Times Holdings' current Cash Ratio of 2.12 is 25% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.26. The Media - Diversified industry median Cash Ratio is 0.53. Hong Kong Economic Times Holdings' value of 2.12 is 300% above this industry median. Based on the distribution chart, Hong Kong Economic Times Holdings ranks #161 out of 999 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Hong Kong Economic Times Holdings has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Economic Times Holdings' Cash Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Hong Kong Economic Times Holdings ranks #161 out of 999 companies for Cash Ratio. This places Hong Kong Economic Times Holdings in the top 16% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.53. Hong Kong Economic Times Holdings' value of 2.12 is 300% above this benchmark. Historically, Hong Kong Economic Times Holdings' own Cash Ratio has ranged from 0.92 to 2.26 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.53, Hong Kong Economic Times Holdings has consistently been above the industry average. 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 Media - Diversified company?
The median Cash Ratio among Media - Diversified companies is 0.53, based on 999 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. Hong Kong Economic Times Holdings's current Cash Ratio of 2.12 is 300% 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 Hong Kong Economic Times Holdings and its competitors. For the Media - Diversified industry, the median Cash Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Economic Times Holdings's current Cash Ratio is 2.12, which is 25% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Economic Times Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings (HKSE:00423) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.67, compared to a current price of HK$0.65 — trading 3% below its estimated fair value. The current Cash Ratio is 2.12, which is 25% above median its 10-year median of 1.70 and 300% above the Media - Diversified industry median of 0.53. Hong Kong Economic Times Holdings' overall GF Score™ is 40/100 with 3 warning signs to review. 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 Hong Kong Economic Times Holdings (HKSE:00423), the current Cash Ratio is 2.12 as of Mar. 2026. 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.
Is Hong Kong Economic Times Holdings (HKSE:00423) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong Economic Times Holdings stock appears to be undervalued.
The current stock price of HK$0.65 is trading 3% below its estimated GF Value™ of HK$0.67.
GuruFocus considers Hong Kong Economic Times Holdings to be Fairly Valued.
Key valuation signals for HKSE:00423:
Cash Ratio: 2.12 (25% above median its 10-year median of 1.70)
GF Value™: HK$0.67 vs. price of HK$0.65 (3% below fair value)
Industry Position: 300% above the Media - Diversified median (#161 of 999)
No single metric tells the full story. See the HKSE:00423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.
40GF Score
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