DNSE Securities JSC (STC:DSE) Cash Ratio : 0.56 (As of Jun. 2024)

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What is DNSE Securities JSC 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. DNSE Securities JSC's Cash Ratio for the quarter that ended in Jun. 2024 was 0.56.

DNSE Securities JSC has a Cash Ratio of 0.56. 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 DNSE Securities JSC's Cash Ratio or its related term are showing as below:

STC:DSE' s Cash Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.56 Max: 0.56
Current: 0.56

During the past 0 years, DNSE Securities JSC's highest Cash Ratio was 0.56. The lowest was 0.56. And the median was 0.56.

STC:DSE's Cash Ratio is ranked worse than
61.29% of 651 companies
in the Capital Markets industry
Industry Median: 0.89 vs STC:DSE: 0.56

DNSE Securities JSC Cash Ratio Historical Data

The historical data trend for DNSE Securities JSC'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.

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DNSE Securities JSC Cash Ratio Chart

DNSE Securities JSC Annual Data

Trend

Cash Ratio

DNSE Securities JSC Semi-Annual Data
	Jun23	Jun24
Cash Ratio	-	0.56

Competitive Comparison of DNSE Securities JSC's Cash Ratio

For the Capital Markets subindustry, DNSE Securities 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.

DNSE Securities JSC's Cash Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DNSE Securities JSC's Cash Ratio distribution charts can be found below:

* The bar in red indicates where DNSE Securities JSC's Cash Ratio falls into.

DNSE Securities 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.

DNSE Securities JSC's Cash Ratio for the fiscal year that ended in . 20 is calculated as:

Cash Ratio (A: . 20 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=		/
	=

DNSE Securities JSC's Cash Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash Ratio (Q: Jun. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	2673057.552	/	4773260.99
	=	0.56

DNSE Securities JSC (STC:DSE) 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.

DNSE Securities JSC Cash Ratio Related Terms

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