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Beauty Garage (TSE:3180) Cash Ratio : 0.85 (As of Apr. 2024)


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What is Beauty Garage 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. Beauty Garage's Cash Ratio for the quarter that ended in Apr. 2024 was 0.85.

Beauty Garage has a Cash Ratio of 0.85. 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 Beauty Garage's Cash Ratio or its related term are showing as below:

TSE:3180' s Cash Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 0.98
Current: 0.85

During the past 13 years, Beauty Garage's highest Cash Ratio was 0.98. The lowest was 0.62. And the median was 0.78.

TSE:3180's Cash Ratio is ranked better than
69.92% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 0.38 vs TSE:3180: 0.85

Beauty Garage Cash Ratio Historical Data

The historical data trend for Beauty Garage'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.

Beauty Garage Cash Ratio Chart

Beauty Garage Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.72 0.78 0.84 0.85

Beauty Garage Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.84 0.76 0.82 0.82 0.85

Competitive Comparison of Beauty Garage's Cash Ratio

For the Household & Personal Products subindustry, Beauty Garage'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.


Beauty Garage's Cash Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beauty Garage's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Beauty Garage's Cash Ratio falls into.



Beauty Garage Cash Ratio Calculation

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

Beauty Garage's Cash Ratio for the fiscal year that ended in Apr. 2024 is calculated as:

Cash Ratio (A: Apr. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=3928.221/4594.7
=0.85

Beauty Garage's Cash Ratio for the quarter that ended in Apr. 2024 is calculated as:

Cash Ratio (Q: Apr. 2024 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=3928.221/4594.7
=0.85

* 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.


Beauty Garage  (TSE:3180) 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.


Beauty Garage Cash Ratio Related Terms

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Beauty Garage Business Description

Traded in Other Exchanges
N/A
Address
Beauty Garage Building, 4-41-10 Minami-Ogikubo, Suginami, Tokyo, JPN, 167-0052
Beauty Garage Inc is engaged in the business of trading beauty products and equipment and sales of professional use cosmetics. Other services provided by the company include - support service for the start-up of a salon and fundraising. The company also provides courses and personnel training service and insurance service for salons.

Beauty Garage Headlines

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