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GDS Global (SGX:5VP) Cash Ratio : 1.01 (As of Sep. 2024)


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What is GDS Global 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. GDS Global's Cash Ratio for the quarter that ended in Sep. 2024 was 1.01.

GDS Global has a Cash Ratio of 1.01. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for GDS Global's Cash Ratio or its related term are showing as below:

SGX:5VP' s Cash Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.41   Max: 4.76
Current: 1.01

During the past 13 years, GDS Global's highest Cash Ratio was 4.76. The lowest was 1.01. And the median was 2.41.

SGX:5VP's Cash Ratio is ranked better than
83.52% of 1705 companies
in the Construction industry
Industry Median: 0.31 vs SGX:5VP: 1.01

GDS Global Cash Ratio Historical Data

The historical data trend for GDS Global'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.

GDS Global Cash Ratio Chart

GDS Global Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 2.47 1.90 1.73 1.01

GDS Global Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 1.90 2.06 1.73 1.40 1.01

Competitive Comparison of GDS Global's Cash Ratio

For the Building Products & Equipment subindustry, GDS Global'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.


GDS Global's Cash Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, GDS Global's Cash Ratio distribution charts can be found below:

* The bar in red indicates where GDS Global's Cash Ratio falls into.



GDS Global Cash Ratio Calculation

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

GDS Global's Cash Ratio for the fiscal year that ended in Sep. 2024 is calculated as:

Cash Ratio (A: Sep. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4.302/4.268
=1.01

GDS Global's Cash Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash Ratio (Q: Sep. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4.302/4.268
=1.01

* 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.


GDS Global  (SGX:5VP) 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.


GDS Global Cash Ratio Related Terms

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GDS Global Business Description

Traded in Other Exchanges
N/A
Address
86 International Road, Singapore, SGP, 629176
GDS Global Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the manufacture, and supply of doors and shutter systems, the supply of production components products, and provision of service and maintenance works. The company's product offerings include fire shutters, hangar doors, commercial doors, storm shutters, and others. Geographically, it derives maximum revenue from its customers in Singapore and the rest from Europe, the Middle East, Asia Pacific, the United States of America, Hong Kong, Mauritius, and other regions.

GDS Global Headlines

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