Coteccons Construction JSC has a Cash Ratio of 0.25. 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 Coteccons Construction JSC's Cash Ratio or its related term are showing as below:
STC:CTD'
s Cash Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.59 Max: 1.04
Current: 0.25
During the past 13 years, Coteccons Construction JSC's highest Cash Ratio was 1.04. The lowest was 0.25. And the median was 0.59.
STC:CTD's Cash Ratio is ranked worse than 56.54% of 1705
companies
in the Construction industry
Industry Median: 0.31
vs STC:CTD: 0.25
Coteccons Construction JSC 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.
Competitive Comparison of Coteccons Construction JSC's Cash Ratio
For the Engineering & Construction subindustry, Coteccons Construction JSC'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.
Coteccons Construction JSC's Cash Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Coteccons Construction JSC's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Coteccons Construction JSC's Cash Ratio falls into.
Coteccons Construction JSC Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
* 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.
Coteccons Construction JSC (STC:CTD) 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.
Coteccons Construction JSC Cash Ratio Related Terms
Thank you for viewing the detailed overview of Coteccons Construction JSC's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Coteccons Construction JSC constructs and installs civil and industrial, transportation and irrigation works, urban and industrial park infrastructure. It is also involved in the architectural design of general layout plan, civil and industrial works, indoor and outdoor, heating, ventilation, civil and industrial construction, urban infrastructure and air conditioning. The company is in the construction of water drainage and supply, environmental treatment, brokerage, consultancy, land use rights, installation of MEP system. The firm exports and imports iron, steel, building structures, materials and installation equipment, machinery, equipment, spare parts, technological line of construction industry and production of construction materials, machinery, and equipment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STC:CTD has been successfully added to your 