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Dexion Trading (LSE:DTL) Cash Ratio : 535.51 (As of Dec. 2013)


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What is Dexion Trading 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. Dexion Trading's Cash Ratio for the quarter that ended in Dec. 2013 was 535.51.

Dexion Trading has a Cash Ratio of 535.51. 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 Dexion Trading's Cash Ratio or its related term are showing as below:

LSE:DTL's Cash Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.46
* Ranked among companies with meaningful Cash Ratio only.

Dexion Trading Cash Ratio Historical Data

The historical data trend for Dexion Trading'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.

Dexion Trading Cash Ratio Chart

Dexion Trading Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cash Ratio
Get a 7-Day Free Trial Premium Member Only - 0.36 191.39 2,688.52 535.51

Dexion Trading Semi-Annual Data
Dec12 Jun13 Dec13
Cash Ratio 2,688.52 1,796.46 535.51

Competitive Comparison of Dexion Trading's Cash Ratio

For the Asset Management subindustry, Dexion Trading'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.


Dexion Trading's Cash Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dexion Trading's Cash Ratio distribution charts can be found below:

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



Dexion Trading Cash Ratio Calculation

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

Dexion Trading's Cash Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Cash Ratio (A: Dec. 2013 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=93.178/0.174
=535.51

Dexion Trading's Cash Ratio for the quarter that ended in Dec. 2013 is calculated as:

Cash Ratio (Q: Dec. 2013 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=93.178/0.174
=535.51

* 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.


Dexion Trading  (LSE:DTL) 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.


Dexion Trading Cash Ratio Related Terms

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Dexion Trading (LSE:DTL) Business Description

Traded in Other Exchanges
N/A
Address
Dexion Trading Ltd was incorporated with limited liability in Guernsey, Channel Islands on 28 October 2004. It is a closed-ended investment company. The Company's investment objective is to provide investment returns that have lower risk than traditional investment returns and, over time, to achieve above market returns.

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