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Rediff.com India (Rediff.com India) Cash Ratio : 0.76 (As of Sep. 2015)


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What is Rediff.com India Cash Ratio?

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. Rediff.com India's Cash Ratio for the quarter that ended in Sep. 2015 was 0.76.

Rediff.com India has a Cash Ratio of 0.76. 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 Rediff.com India's Cash Ratio or its related term are showing as below:

REDFY's Cash Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.165
* Ranked among companies with meaningful Cash Ratio only.

Rediff.com India Cash Ratio Historical Data

The historical data trend for Rediff.com India'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.

* Premium members only.

Rediff.com India Cash Ratio Chart

Rediff.com India Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 3.76 2.88 2.62 1.19

Rediff.com India Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.19 - 0.76 -

Competitive Comparison of Rediff.com India's Cash Ratio

For the Internet Content & Information subindustry, Rediff.com India'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.


Rediff.com India's Cash Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rediff.com India's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Rediff.com India's Cash Ratio falls into.



Rediff.com India Cash Ratio Calculation

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

Rediff.com India's Cash Ratio for the fiscal year that ended in Mar. 2015 is calculated as:

Cash Ratio (A: Mar. 2015 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=8.295/6.984
=1.19

Rediff.com India's Cash Ratio for the quarter that ended in Sep. 2015 is calculated as:

Cash Ratio (Q: Sep. 2015 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=6.85/9.02
=0.76

* 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.


Rediff.com India  (OTCPK:REDFY) 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.


Rediff.com India Cash Ratio Related Terms

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Rediff.com India (Rediff.com India) Business Description

Traded in Other Exchanges
N/A
Address
L. J. First Cross Road, 1st Floor, Mahalaxmi Engineering Estate, Mahim (West), Mumbai, MH, IND, 400016
Rediff.com India Ltd is an India-based internet company, which delivers digital content and e-commerce marketplace services. The services are delivered through the source of websites, tablets, and mobile which includes news and information, enterprise e-mail services, online shopping marketplace and Internet-based local television advertising platform. The group's secure Internet platform provides a communication suite to businesses of all sizes.

Rediff.com India (Rediff.com India) Headlines

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