2 Cheap Cars Group (NZSE:2CC) Cash Ratio: 0.56 (As of Mar. 2026) — Near Median

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NZSE:2CC 2 Cheap Cars Group Ltd NZSE:2CC
62 GF Score
Price NZ$0.80
GF Value NZ$0.71
Valuation Modestly Overvalued
! 5 Warning Signs
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What is 2 Cheap Cars Group Cash Ratio?

2 Cheap Cars Group NZSE:2CC 62 Cash Ratio is 0.56 as of Mar. 2026, which is at its 10-year median of 0.56. GuruFocus rates NZSE:2CC with a GF Score™ of 62/100 and a GF Value™ of NZ$0.71 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, 2 Cheap Cars Group ranks better than 63.25% on this metric.

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. 2 Cheap Cars Group's Cash Ratio for the quarter that ended in Mar. 2026 was 0.56.

2 Cheap Cars Group has a Cash Ratio of 0.56. 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 2 Cheap Cars Group's Cash Ratio or its related term are showing as below:

NZSE:2CC' s Cash Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.56   Max: 0.8
Current: 0.56

During the past 6 years, 2 Cheap Cars Group's highest Cash Ratio was 0.80. The lowest was 0.23. And the median was 0.56.

NZSE:2CC's Cash Ratio is ranked better than
63.25% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 0.37 vs NZSE:2CC: 0.56

2 Cheap Cars Group  (NZSE:2CC) 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.


2 Cheap Cars Group Cash Ratio Related Terms


2 Cheap Cars Group Cash Ratio Historical Data

* Premium members only.

The historical data trend for 2 Cheap Cars Group'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.

2 Cheap Cars Group Cash Ratio Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Ratio
Get a 7-Day Free Trial 0.23 0.53 0.56 0.80 0.56

2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.40 0.80 0.88 0.56

NZSE:2CC vs CVNA, PAG, KMX: Cash Ratio Comparison

For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group'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.


2 Cheap Cars Group Cash Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where 2 Cheap Cars Group's Cash Ratio falls into.


NZSE:2CC
62GF Score
2 Cheap Cars Group Ltd NZSE:2CC
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

2 Cheap Cars Group Cash Ratio Calculation

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

2 Cheap Cars Group's Cash Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Cash Ratio (A: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=3.838/6.879
=0.56

2 Cheap Cars Group's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=3.838/6.879
=0.56

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.56 mean?
2 Cheap Cars Group (NZSE:2CC) has a Cash Ratio of 0.56 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on 2 Cheap Cars Group and its competitors. This is near median its historical median of 0.56. Over the past decade, 2 Cheap Cars Group's Cash Ratio has ranged from 0.23 to 0.80. According to the industry distribution chart, 2 Cheap Cars Group ranks #480 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 36.8%.
Is 2 Cheap Cars Group's Cash Ratio too high?
2 Cheap Cars Group's current Cash Ratio of 0.56 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.80. The Vehicles & Parts industry median Cash Ratio is 0.37. 2 Cheap Cars Group's value of 0.56 is 51.4% above this industry median. Based on the distribution chart, 2 Cheap Cars Group ranks #480 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, 2 Cheap Cars Group has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Cash Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, 2 Cheap Cars Group ranks #480 out of 1306 companies for Cash Ratio. This puts 2 Cheap Cars Group in the upper half of its industry. The industry median Cash Ratio is 0.37. 2 Cheap Cars Group's value of 0.56 is 51.4% above this benchmark. Historically, 2 Cheap Cars Group's own Cash Ratio has ranged from 0.23 to 0.80 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.37, 2 Cheap Cars Group 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 Vehicles & Parts company?
The median Cash Ratio among Vehicles & Parts companies is 0.37, based on 1,306 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. 2 Cheap Cars Group's current Cash Ratio of 0.56 is 51.4% 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 2 Cheap Cars Group and its competitors. For the Vehicles & Parts industry, the median Cash Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2 Cheap Cars Group's current Cash Ratio is 0.56, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.80 — trading 12% above its estimated fair value. The current Cash Ratio is 0.56, which is near median its 10-year median of 0.56 and 51.4% above the Vehicles & Parts industry median of 0.37. 2 Cheap Cars Group's overall GF Score™ is 62/100 with 5 warning signs to review. 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 2 Cheap Cars Group (NZSE:2CC), the current Cash Ratio is 0.56 as of Mar. 2026. 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.

Is 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?

Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be overvalued. The current stock price of NZ$0.80 is trading 12% above its estimated GF Value™ of NZ$0.71. GuruFocus considers 2 Cheap Cars Group to be Modestly Overvalued.

Key valuation signals for NZSE:2CC:

  • Cash Ratio: 0.56 (near median its 10-year median of 0.56)
  • GF Value™: NZ$0.71 vs. price of NZ$0.80 (12% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 51.4% above the Vehicles & Parts median (#480 of 1306)

No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


2 Cheap Cars Group Business Description

Address 102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
62GF Score

Get the complete analysis for NZSE:2CC

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.80
Price
NZ$0.71
GF Value