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Mobvoi (HKSE:02438) Cash Ratio : 0.05 (As of Dec. 2023)


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What is Mobvoi 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. Mobvoi's Cash Ratio for the quarter that ended in Dec. 2023 was 0.05.

Mobvoi has a Cash Ratio of 0.05. 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 Mobvoi's Cash Ratio or its related term are showing as below:

HKSE:02438' s Cash Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.06
Current: 0.05

During the past 3 years, Mobvoi's highest Cash Ratio was 0.06. The lowest was 0.04. And the median was 0.05.

HKSE:02438's Cash Ratio is ranked worse than
93.27% of 2762 companies
in the Software industry
Industry Median: 0.77 vs HKSE:02438: 0.05

Mobvoi Cash Ratio Historical Data

The historical data trend for Mobvoi'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.

Mobvoi Cash Ratio Chart

Mobvoi Annual Data
Trend Dec21 Dec22 Dec23
Cash Ratio
0.04 0.06 0.05

Mobvoi Semi-Annual Data
Dec21 Dec22 Dec23
Cash Ratio 0.04 0.06 0.05

Competitive Comparison of Mobvoi's Cash Ratio

For the Software - Infrastructure subindustry, Mobvoi'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.


Mobvoi's Cash Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mobvoi's Cash Ratio distribution charts can be found below:

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



Mobvoi Cash Ratio Calculation

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

Mobvoi's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=248.297/4941.07
=0.05

Mobvoi's Cash Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash Ratio (Q: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=248.297/4941.07
=0.05

* 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.


Mobvoi  (HKSE:02438) 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.


Mobvoi Cash Ratio Related Terms

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Mobvoi Business Description

Traded in Other Exchanges
N/A
Address
10/F, Block D11, Hongfeng Science and Technology Park, Economic and Technology Development Zone, Nanjing, CHN
Mobvoi Inc is engaged in providing AIGC solutions, AI enterprise solutions, smart devices and accessories with generative AI and voice interaction technologies at the core of business. Its business segments consist of (i) AI Software Solutions, which comprise AIGC solutions and AI enterprise solutions; and (ii) Smart Devices and Other Accessories. Key revenue is generated from AI Software Solutions.
Executives
Google Ireland Holdings Unlimited Company 2101 Beneficial owner
Hsg Venture Iv Management, L.p.
Hsg Cv Iv Senior Holdco, Ltd.
Hsg Cv Iv Holdco, Ltd.
Hongshan Capital Venture Fund Iv, L.p.
Xiang Gang Ge Er Tai Ke You Xian Gong Si 2101 Beneficial owner
Wei Fang Ge Er Mao Yi You Xian Gong Si 2201 Interest of corporation controlled by you
Ge Er Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Nan Peng
Snp China Enterprises Limited
Hsg Holding Limited
Suntera Corporate Trustees (hong Kong) Limited 2301 Trustee
Agi Limited 2501 Other
Agi Management Limited 2501 Other
Amberlei Limited 2103 Interests held jointly with another person

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