DreamArts (TSE:4811) Cash Ratio : 1.34 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is DreamArts 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. DreamArts's Cash Ratio for the quarter that ended in Jun. 2024 was 1.34.

DreamArts has a Cash Ratio of 1.34. 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 DreamArts's Cash Ratio or its related term are showing as below:

TSE:4811' s Cash Ratio Range Over the Past 10 Years
Min: 0.98 Med: 1.34 Max: 1.63
Current: 1.34

During the past 3 years, DreamArts's highest Cash Ratio was 1.63. The lowest was 0.98. And the median was 1.34.

TSE:4811's Cash Ratio is ranked better than
67.22% of 2764 companies
in the Software industry
Industry Median: 0.75 vs TSE:4811: 1.34

DreamArts Cash Ratio Historical Data

The historical data trend for DreamArts'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.

DreamArts Cash Ratio Chart

DreamArts Annual Data

Trend

Dec21

Dec22

Dec23

Cash Ratio

0.98

1.04

1.60

DreamArts Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24
Cash Ratio	Get a 7-Day Free Trial			1.21	1.35	1.60	1.63	1.34

Competitive Comparison of DreamArts's Cash Ratio

For the Software - Infrastructure subindustry, DreamArts'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.

DreamArts's Cash Ratio Distribution in the Software Industry

For the Software industry and Technology sector, DreamArts's Cash Ratio distribution charts can be found below:

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

DreamArts Cash Ratio Calculation

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

DreamArts's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	2835.196	/	1770.377
	=	1.60

DreamArts'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
	=	3837.194	/	2863.013
	=	1.34

DreamArts (TSE:4811) 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.

DreamArts Cash Ratio Related Terms

Thank you for viewing the detailed overview of DreamArts's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

DreamArts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DreamArts Corp (TSE:4811) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ebisu Garden Place Tower 29F, 4-20-3 Ebisu, Shibuya-ku, Tokyo, JPN, 150-6029

Website

https://www.dreamarts.co.jp

DreamArts Corp is a company engaged in developing computer system and business software. It also provides SaaS products (such as the no-code development tool (SmartDB) and consulting services for business digitalization focused on the enterprise market. They offer a wide range of cloud services, including ShopRan a cloud service that specializes in communication between distribution and retail headquarters used by more than fifty seven thousand stores nationwide.

DreamArts Headlines

No Headlines