HOJI (House Of Jane) Cash Ratio: 0.08 (As of May. 2024)

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HOJI House Of Jane Inc HOJI
25 GF Score
Price $1.00
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What is House Of Jane Cash Ratio?

House Of Jane HOJI 25 Cash Ratio is 0.08 as of May. 2024. GuruFocus rates HOJI with a GF Score™ of 25/100.

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. House Of Jane's Cash Ratio for the quarter that ended in May. 2024 was 0.08.

House Of Jane has a Cash Ratio of 0.08. 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 House Of Jane's Cash Ratio or its related term are showing as below:

HOJI's Cash Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.39
* Ranked among companies with meaningful Cash Ratio only.

House Of Jane  (OTCPK:HOJI) 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.


House Of Jane Cash Ratio Related Terms


House Of Jane Cash Ratio Historical Data

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The historical data trend for House Of Jane'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.

House Of Jane Cash Ratio Chart

House Of Jane Annual Data
Trend
Cash Ratio

House Of Jane Semi-Annual Data
May24
Cash Ratio 0.08

HOJI vs NAII, JVA, HIGR: Cash Ratio Comparison

For the Packaged Foods subindustry, House Of Jane'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.


House Of Jane Cash Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, House Of Jane's Cash Ratio distribution charts can be found below:

* The bar in red indicates where House Of Jane's Cash Ratio falls into.


HOJI
25GF Score
House Of Jane Inc HOJI
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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House Of Jane Cash Ratio Calculation

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

House Of Jane's Cash Ratio for the fiscal year that ended in . 20 is calculated as:

House Of Jane's Cash Ratio for the quarter that ended in May. 2024 is calculated as:

Cash Ratio (Q: May. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.038/0.478
=0.08

* 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 0.08 mean?
House Of Jane (HOJI) has a Cash Ratio of 0.08 as of May. 2024. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on House Of Jane and its competitors.
Is House Of Jane's Cash Ratio too high?
House Of Jane's current Cash Ratio is 0.08. The Consumer Packaged Goods industry median Cash Ratio is 0.39. House Of Jane's value of 0.08 is 79.5% below this industry median. Overall, House Of Jane has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does House Of Jane's Cash Ratio compare to NAII and JVA?
House Of Jane's Cash Ratio of 0.08 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Ratio is 0.39. House Of Jane's value of 0.08 is 79.5% 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 Consumer Packaged Goods company?
The median Cash Ratio among Consumer Packaged Goods companies is 0.39, based on 1,919 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. House Of Jane's current Cash Ratio of 0.08 is 79.5% 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 House Of Jane and its competitors. For the Consumer Packaged Goods industry, the median Cash Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. House Of Jane's current Cash Ratio is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is House Of Jane stock overvalued right now?
House Of Jane (HOJI) has a current Cash Ratio of 0.08. The current Cash Ratio is 0.08 and 79.5% below the Consumer Packaged Goods industry median of 0.39. House Of Jane's overall GF Score™ is 25/100. 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 House Of Jane (HOJI), the current Cash Ratio is 0.08 as of May. 2024. 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.

House Of Jane Business Description

Address 1 N. 1 Street, No. 654, Phoenix, AZ, USA, 85004
House Of Jane Inc, through its subsidiaries, manufactures, sells, and distributes a line of products infused with cannabinoids derived from legal hemp. It offers water-soluble and federally legal cannabinoid formulated products marketed under the HOJI brand, for use in its other product lines, and also supplies it to other manufacturers of cannabinoid products on a wholesale basis. HOJI also provides contract manufacturing services to third-party brands of federally legal cannabinoid products, including edibles, tablets, and powders. In addition, through its Janes Brew line of products, the company also engages in manufacturing, selling, and distributing cannabinoids-infused consumer-packaged dry goods and beverages.
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