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Tongcheng Travel HoldingsTNGCF 91 Cash Ratio is 0.81 as of Mar. 2026, which is 26% below its 10-year median of 1.10. GuruFocus rates TNGCF with a GF Score™ of 91/100 and a GF Value™ of $5.00. The stock has 3 warning signs investors should review. Among 833 Travel & Leisure companies, Tongcheng Travel Holdings ranks better than 61.34% on this metric.
Tongcheng Travel Holdings has a Cash Ratio of 0.81. 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 Tongcheng Travel Holdings's Cash Ratio or its related term are showing as below:
TNGCF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.29 Med: 1.1 Max: 1.69
Current: 0.81
During the past 11 years, Tongcheng Travel Holdings's highest Cash Ratio was 1.69. The lowest was 0.29. And the median was 1.10.
TNGCF's Cash Ratio is ranked better than 61.34% of 833
companies
in the Travel & Leisure industry
Industry Median: 0.55
vs TNGCF: 0.81
Tongcheng Travel Holdings (OTCPK:TNGCF) 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.
Tongcheng Travel Holdings Cash Ratio Related Terms
Tongcheng Travel Holdings 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.
For the Travel Services subindustry, Tongcheng Travel Holdings'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.
Tongcheng Travel Holdings Cash Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Tongcheng Travel Holdings's Cash Ratio falls into.
* 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.
Tongcheng Travel Holdings (TNGCF) has a Cash Ratio of 0.81 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Tongcheng Travel Holdings and its competitors. This is 26% below median its historical median of 1.10. Over the past decade, Tongcheng Travel Holdings' Cash Ratio has ranged from 0.29 to 1.69. According to the industry distribution chart, Tongcheng Travel Holdings ranks #322 out of 833 companies in the Travel & Leisure industry, placing it in the top 38.7%.
Is Tongcheng Travel Holdings' Cash Ratio too high?
Tongcheng Travel Holdings' current Cash Ratio of 0.81 is 26% below median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.69. The Travel & Leisure industry median Cash Ratio is 0.55. Tongcheng Travel Holdings' value of 0.81 is 47.3% above this industry median. Based on the distribution chart, Tongcheng Travel Holdings ranks #322 out of 833 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tongcheng Travel Holdings has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Tongcheng Travel Holdings' Cash Ratio compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Tongcheng Travel Holdings ranks #322 out of 833 companies for Cash Ratio. This puts Tongcheng Travel Holdings in the upper half of its industry. The industry median Cash Ratio is 0.55. Tongcheng Travel Holdings' value of 0.81 is 47.3% above this benchmark. Historically, Tongcheng Travel Holdings' own Cash Ratio has ranged from 0.29 to 1.69 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.55, Tongcheng Travel Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Travel & Leisure company?
The median Cash Ratio among Travel & Leisure companies is 0.55, based on 833 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tongcheng Travel Holdings's current Cash Ratio of 0.81 is 47.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Tongcheng Travel Holdings and its competitors. For the Travel & Leisure industry, the median Cash Ratio is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongcheng Travel Holdings's current Cash Ratio is 0.81, which is 26% below median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongcheng Travel Holdings stock overvalued right now?
Tongcheng Travel Holdings (TNGCF) has a current Cash Ratio of 0.81. The stock's GF Value™ is $5.00, compared to a current price of $2.80 — trading 44% below its estimated fair value. The current Cash Ratio is 0.81, which is 26% below median its 10-year median of 1.10 and 47.3% above the Travel & Leisure industry median of 0.55. Tongcheng Travel Holdings' overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Tongcheng Travel Holdings (TNGCF), the current Cash Ratio is 0.81 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tongcheng Travel Holdings (TNGCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tongcheng Travel Holdings stock appears to be undervalued.
The current stock price of $2.80 is trading 44% below its estimated GF Value™ of $5.00.
Key valuation signals for TNGCF:
Cash Ratio: 0.81 (26% below median its 10-year median of 1.10)
GF Value™: $5.00 vs. price of $2.80 (44% below fair value)
Industry Position: 47.3% above the Travel & Leisure median (#322 of 833)
No single metric tells the full story. See the TNGCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.
91GF Score
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