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Sotsu Co (Sotsu Co) Cash Ratio : 5.95 (As of Nov. 2019)


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What is Sotsu Co 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. Sotsu Co's Cash Ratio for the quarter that ended in Nov. 2019 was 5.95.

Sotsu Co has a Cash Ratio of 5.95. 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 Sotsu Co's Cash Ratio or its related term are showing as below:

STUAF's Cash Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 0.54
* Ranked among companies with meaningful Cash Ratio only.

Sotsu Co Cash Ratio Historical Data

The historical data trend for Sotsu Co'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.

Sotsu Co Cash Ratio Chart

Sotsu Co Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 3.45 3.89 4.25 5.65

Sotsu Co Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 4.49 4.49 5.97 5.65 5.95

Competitive Comparison of Sotsu Co's Cash Ratio

For the Entertainment subindustry, Sotsu Co'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.


Sotsu Co's Cash Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sotsu Co's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Sotsu Co's Cash Ratio falls into.



Sotsu Co Cash Ratio Calculation

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

Sotsu Co's Cash Ratio for the fiscal year that ended in Aug. 2019 is calculated as:

Cash Ratio (A: Aug. 2019 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=206.806/36.623
=5.65

Sotsu Co's Cash Ratio for the quarter that ended in Nov. 2019 is calculated as:

Cash Ratio (Q: Nov. 2019 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=199.83/33.565
=5.95

* 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.


Sotsu Co  (GREY:STUAF) 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.


Sotsu Co Cash Ratio Related Terms

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Sotsu Co (Sotsu Co) Business Description

Traded in Other Exchanges
N/A
Address
2-4-1, Hamamatsu-Cho, Minato-Ku, Tokyo, JPN, 105-6126
Sotsu Co Ltd operates as an entertainment company in Japan. It works in Media division, Rights division, and Sports division. The Media division produces animations by planning and creating animated programmes with animation production companies. The Rights business division provides merchandising licenses for the animation characters to its partner companies including toy, game, food, miscellaneous goods, and apparel manufacturers among others, and the Sport business promote the merchandising of the baseball team's products and act as a copyright contract agency for professional baseball teams, and sell the merchandise to baseball team goods stores both inside and outside the stadium.

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