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Millenniumpthorne Hotels New Zealand has a Cash Ratio of 0.45. 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.
Millenniumpthorne Hotels New Zealand (NZSE:MCK) 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.
Millenniumpthorne Hotels New Zealand Cash Ratio Related Terms
Millenniumpthorne Hotels New Zealand Cash Ratio Historical Data
* 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.
Millenniumpthorne Hotels New Zealand Cash Ratio Chart
For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.
Millenniumpthorne Hotels New Zealand Cash Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Millenniumpthorne Hotels New Zealand'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.
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Cash Ratio of 0.45 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. This is 91% below median its historical median of 4.90. Over the past decade, Millenniumpthorne Hotels New Zealand's Cash Ratio has ranged from 0.45 to 9.85. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #464 out of 831 companies in the Travel & Leisure industry, placing it in the top 55.8%.
Is Millenniumpthorne Hotels New Zealand's Cash Ratio too high?
Millenniumpthorne Hotels New Zealand's current Cash Ratio of 0.45 is 91% below median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 9.85. The Travel & Leisure industry median Cash Ratio is 0.53. Millenniumpthorne Hotels New Zealand's value of 0.45 is 15.1% below this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #464 out of 831 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Cash Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #464 out of 831 companies for Cash Ratio. This places Millenniumpthorne Hotels New Zealand in the lower half of its industry. The industry median Cash Ratio is 0.53. Millenniumpthorne Hotels New Zealand's value of 0.45 is 15.1% below this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own Cash Ratio has ranged from 0.45 to 9.85 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 0.53, Millenniumpthorne Hotels New Zealand has consistently been below 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 Travel & Leisure company?
The median Cash Ratio among Travel & Leisure companies is 0.53, based on 831 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. Millenniumpthorne Hotels New Zealand's current Cash Ratio of 0.45 is 15.1% below 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 Millenniumpthorne Hotels New Zealand and its competitors. For the Travel & Leisure industry, the median Cash Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millenniumpthorne Hotels New Zealand's current Cash Ratio is 0.45, which is 91% below median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Fairly Valued. The stock's GF Value™ is NZ$2.77, compared to a current price of NZ$3.06 — trading 10.5% above its estimated fair value. The current Cash Ratio is 0.45, which is 91% below median its 10-year median of 4.90 and 15.1% below the Travel & Leisure industry median of 0.53. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 79/100 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Cash Ratio is 0.45 as of Jun. 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued.
The current stock price of NZ$3.06 is trading 10.5% above its estimated GF Value™ of NZ$2.77.
GuruFocus considers Millenniumpthorne Hotels New Zealand to be Fairly Valued.
Key valuation signals for NZSE:MCK:
Cash Ratio: 0.45 (91% below median its 10-year median of 4.90)
GF Value™: NZ$2.77 vs. price of NZ$3.06 (10.5% above fair value)
Industry Position: 15.1% below the Travel & Leisure median (#464 of 831)
No single metric tells the full story. See the NZSE:MCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
79GF Score
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