Heavitree Brewery has a Cash Ratio of 0.11. 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 Heavitree Brewery's Cash Ratio or its related term are showing as below:
LSE:HVTA'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.46
Current: 0.11
During the past 13 years, Heavitree Brewery's highest Cash Ratio was 0.46. The lowest was 0.01. And the median was 0.02.
LSE:HVTA's Cash Ratio is ranked worse than 84.5% of 342
companies
in the Restaurants industry
Industry Median: 0.55
vs LSE:HVTA: 0.11
Heavitree Brewery Cash Ratio Historical Data
The historical data trend for Heavitree Brewery'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 Heavitree Brewery's Cash Ratio
For the Restaurants subindustry, Heavitree Brewery'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.
Heavitree Brewery's Cash Ratio Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Heavitree Brewery's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Heavitree Brewery's Cash Ratio falls into.
Heavitree Brewery Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Heavitree Brewery's Cash Ratio for the fiscal year that ended in Oct. 2023 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.
Heavitree Brewery (LSE:HVTA) 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.
Heavitree Brewery Cash Ratio Related Terms
Thank you for viewing the detailed overview of Heavitree Brewery's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Heavitree Brewery PLC is a UK-based company engaged in the business of leasing and operating public houses. Its geographical segments include the United Kingdom and the United States. The firm mainly involves running and developing tenanted and leased estate. The company owns over 60 pubs which include The Anchor Inn, The Ashcott Inn, The Atmospheric Railway, The Beach Hotel, The Bell Inn, The Brunswick Arms, and others. It also owns land in the United States through its subsidiary while the majority of its revenues are generated from the pubs that it owns in the United Kingdom.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LSE:HVTA has been successfully added to your 