ProGreen US (ProGreen US) Cash Ratio : 0.01 (As of Jan. 2019)

ProGreen US Cash Ratio Chart

ProGreen US Annual Data
	Trend	Dec08	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16	Apr17	Apr18
Cash Ratio		Get a 7-Day Free Trial					0.30	0.15	0.16	0.50	0.12

ProGreen US Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19
Cash Ratio	Get a 7-Day Free Trial															0.13	0.12	0.02	0.01	0.01

Competitive Comparison of ProGreen US's Cash Ratio

For the Real Estate - Development subindustry, ProGreen US'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.

ProGreen US's Cash Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ProGreen US's Cash Ratio distribution charts can be found below:

* The bar in red indicates where ProGreen US's Cash Ratio falls into.

ProGreen US Cash Ratio Calculation

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

ProGreen US's Cash Ratio for the fiscal year that ended in Apr. 2018 is calculated as:

ProGreen US's Cash Ratio for the quarter that ended in Jan. 2019 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.

ProGreen US  (GREY:PGUS) 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.

ProGreen US Cash Ratio Related Terms

Thank you for viewing the detailed overview of ProGreen US's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

ProGreen US (ProGreen US) Business Description