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LUNR (Intuitive Machines) Cash Ratio : 0.37 (As of Jun. 2024)


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What is Intuitive Machines 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. Intuitive Machines's Cash Ratio for the quarter that ended in Jun. 2024 was 0.37.

Intuitive Machines has a Cash Ratio of 0.37. 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 Intuitive Machines's Cash Ratio or its related term are showing as below:

LUNR' s Cash Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.39   Max: 0.53
Current: 0.37

During the past 4 years, Intuitive Machines's highest Cash Ratio was 0.53. The lowest was 0.05. And the median was 0.39.

LUNR's Cash Ratio is ranked better than
52.44% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.33 vs LUNR: 0.37

Intuitive Machines Cash Ratio Historical Data

The historical data trend for Intuitive Machines'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.

Intuitive Machines Cash Ratio Chart

Intuitive Machines Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash Ratio
0.51 0.43 0.27 0.05

Intuitive Machines Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.40 0.05 0.53 0.37

Competitive Comparison of Intuitive Machines's Cash Ratio

For the Aerospace & Defense subindustry, Intuitive Machines'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.


Intuitive Machines's Cash Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Intuitive Machines's Cash Ratio distribution charts can be found below:

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



Intuitive Machines Cash Ratio Calculation

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

Intuitive Machines'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
=4.498/83.38
=0.05

Intuitive Machines's Cash Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash Ratio (Q: Jun. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=31.631/85.01
=0.37

* 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.


Intuitive Machines  (NAS:LUNR) 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.


Intuitive Machines Cash Ratio Related Terms

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Intuitive Machines Business Description

Traded in Other Exchanges
N/A
Address
13467 Columbia Shuttle Street, Houston, TX, USA, 77059
Intuitive Machines Inc is a space exploration, infrastructure, and services company. It is a diversified space company focused on space exploration. It supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Its products and services are offered through its four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.
Executives
Kamal Seyed Ghaffarian director, 10 percent owner, officer: Executive Chairman C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Michael Blitzer director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Stephen J Altemus director, 10 percent owner, officer: Chief Executive Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Crain Timothy Price Ii 10 percent owner, officer: Chief Technology Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Steven Vontur officer: Corporate Controller C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Guy Shanon director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Anna Chiara Jones officer: GC & Corporate Secretary C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Masson Robert L. Ii director 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110
Gm Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Intuitive Machines Kg Parent, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Ghaffarian Enterprises, Llc 10 percent owner 801 THOMPSON AVENUE, ROCKVILLE MD 20852
Liquori William John Jr director C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Sallee Erik Robinson Worley officer: Chief Financial Officer C/O INTUITIVE MACHINES, 3700 BAY AREA BLVD., HOUSTON TX 77058
Hgc Investment Management Inc. 10 percent owner 1073 YONGE ST, 2ND FLOOR, TORONTO A6 M4W 2L2