MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Cash Ratio : 0.00 (As of Mar. 2021)

MMX Mineracao E Metalicos Cash Ratio Chart

MMX Mineracao E Metalicos Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Cash Ratio		Get a 7-Day Free Trial					0.01	-	-	-	-

MMX Mineracao E Metalicos Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of MMX Mineracao E Metalicos's Cash Ratio

For the Other Industrial Metals & Mining subindustry, MMX Mineracao E Metalicos'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.

MMX Mineracao E Metalicos's Cash Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMX Mineracao E Metalicos's Cash Ratio distribution charts can be found below:

* The bar in red indicates where MMX Mineracao E Metalicos's Cash Ratio falls into.

MMX Mineracao E Metalicos Cash Ratio Calculation

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

MMX Mineracao E Metalicos's Cash Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

MMX Mineracao E Metalicos's Cash Ratio for the quarter that ended in Mar. 2021 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.

MMX Mineracao E Metalicos  (GREY:MMXXF) 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.

MMX Mineracao E Metalicos Cash Ratio Related Terms

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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description