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Friends SpAMIL:AMI 9 Cash Ratio is 11.83 as of Dec. 2025, which is 56% above its 10-year median of 7.58. GuruFocus rates MIL:AMI with a GF Score™ of 9/100. Among 1,000 Media - Diversified companies, Friends SpA ranks better than 98.9% on this metric.
Friends SpA has a Cash Ratio of 11.83. 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 Friends SpA's Cash Ratio or its related term are showing as below:
MIL:AMI'
s Cash Ratio Range Over the Past 10 Years
Min: 3.33 Med: 7.58 Max: 11.83
Current: 11.83
During the past 2 years, Friends SpA's highest Cash Ratio was 11.83. The lowest was 3.33. And the median was 7.58.
MIL:AMI's Cash Ratio is ranked better than 98.9% of 1000
companies
in the Media - Diversified industry
Industry Median: 0.57
vs MIL:AMI: 11.83
Friends SpA (MIL:AMI) 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.
Friends SpA Cash Ratio Related Terms
Friends SpA Cash Ratio Historical Data
* Premium members only.
The historical data trend for Friends SpA'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.
Friends SpA Cash Ratio Chart
Friends SpA Annual Data
Trend
Dec24
Dec25
Cash Ratio
3.33
11.83
Friends SpA Semi-Annual Data
Dec24
Jun25
Dec25
Cash Ratio
3.33
0.48
11.83
MIL:AMI vs NFLX, DIS, WBD: Cash Ratio Comparison
For the Entertainment subindustry, Friends SpA'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.
Friends SpA Cash Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Friends SpA's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Friends SpA's Cash Ratio falls into.
* 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.
Friends SpA (MIL:AMI) has a Cash Ratio of 11.83 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Friends SpA and its competitors. This is 56% above median its historical median of 7.58. Over the past decade, Friends SpA's Cash Ratio has ranged from 3.33 to 11.83. According to the industry distribution chart, Friends SpA ranks #11 out of 1000 companies in the Media - Diversified industry, placing it in the top 1.1%.
Is Friends SpA's Cash Ratio too high?
Friends SpA's current Cash Ratio of 11.83 is 56% above median its 10-year median of 7.58. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 11.83. The Media - Diversified industry median Cash Ratio is 0.57. Friends SpA's value of 11.83 is 1975.4% above this industry median. Based on the distribution chart, Friends SpA ranks #11 out of 1000 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Friends SpA has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Friends SpA's Cash Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Friends SpA ranks #11 out of 1000 companies for Cash Ratio. This places Friends SpA in the top 1% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.57. Friends SpA's value of 11.83 is 1975.4% above this benchmark. Historically, Friends SpA's own Cash Ratio has ranged from 3.33 to 11.83 over the past decade. While the company's 10-year median is 7.58 vs. the industry median of 0.57, Friends SpA has consistently been above the industry average. 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 Media - Diversified company?
The median Cash Ratio among Media - Diversified companies is 0.57, based on 1,000 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. Friends SpA's current Cash Ratio of 11.83 is 1975.4% above 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 Friends SpA and its competitors. For the Media - Diversified industry, the median Cash Ratio is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friends SpA's current Cash Ratio is 11.83, which is 56% above median its own 10-year median of 7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friends SpA stock overvalued right now?
Friends SpA (MIL:AMI) has a current Cash Ratio of 11.83. The current Cash Ratio is 11.83, which is 56% above median its 10-year median of 7.58 and 1975.4% above the Media - Diversified industry median of 0.57. Friends SpA's overall GF Score™ is 9/100. 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 Friends SpA (MIL:AMI), the current Cash Ratio is 11.83 as of Dec. 2025. 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.
Friends SpA operates in the live music and events sector. It handles various activities, including concerts, sponsorships, events, television productions, and multimedia. The company is currently organized into several divisions, each specialized and dedicated to different business sectors, pursuing corporate objectives and actively collaborating with each other, combining people and skills: Direction and Management, Concerts, Events & TV, Production, Management, Artist Management, Creative Division, Ticketing, Promotion & Digital Marketing.
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