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Starlight US Multi-Family (No 2) Core Plus Fund (TSXV:SCPT.A) Cash Ratio : 0.00 (As of . 20)


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What is Starlight US Multi-Family (No 2) Core Plus Fund 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. Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio for the quarter that ended in . 20 was 0.00.

Starlight US Multi-Family (No 2) Core Plus Fund has a Cash Ratio of 0.00. 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 Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio or its related term are showing as below:

TSXV:SCPT.A's Cash Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.51
* Ranked among companies with meaningful Cash Ratio only.

Starlight US Multi-Family (No 2) Core Plus Fund Cash Ratio Historical Data

The historical data trend for Starlight US Multi-Family (No 2) Core Plus Fund'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.

Starlight US Multi-Family (No 2) Core Plus Fund Cash Ratio Chart

Starlight US Multi-Family (No 2) Core Plus Fund Annual Data
Trend
Cash Ratio

Starlight US Multi-Family (No 2) Core Plus Fund Semi-Annual Data
Cash Ratio

Competitive Comparison of Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio

For the Asset Management subindustry, Starlight US Multi-Family (No 2) Core Plus Fund'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.


Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio falls into.



Starlight US Multi-Family (No 2) Core Plus Fund Cash Ratio Calculation

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

Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio for the fiscal year that ended in . 20 is calculated as:

Starlight US Multi-Family (No 2) Core Plus Fund's Cash Ratio for the quarter that ended in . 20 is calculated as:

* 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.


Starlight US Multi-Family (No 2) Core Plus Fund  (TSXV:SCPT.A) 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.


Starlight US Multi-Family (No 2) Core Plus Fund Cash Ratio Related Terms

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Starlight US Multi-Family (No 2) Core Plus Fund Business Description

Comparable Companies
Traded in Other Exchanges
Address
3280 Bloor Street West, Centre Tower, Suite 1400, Toronto, ON, CAN, M8X 2X3
Starlight US Multi-Family (No 2) Core Plus Fund s a closed-end fund. Its purpose is to indirectly investing in income-producing multi-family properties in the United States ("U.S.") multi-family real estate market.

Starlight US Multi-Family (No 2) Core Plus Fund Headlines

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