Ulma Construccion Polska has a Cash Ratio of 0.06. 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 Ulma Construccion Polska's Cash Ratio or its related term are showing as below:
WAR:ULM'
s Cash Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.93 Max: 1.82
Current: 0.06
During the past 13 years, Ulma Construccion Polska's highest Cash Ratio was 1.82. The lowest was 0.06. And the median was 0.93.
WAR:ULM's Cash Ratio is ranked worse than 90.09% of 1039
companies
in the Business Services industry
Industry Median: 0.58
vs WAR:ULM: 0.06
Ulma Construccion Polska 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.
Competitive Comparison of Ulma Construccion Polska's Cash Ratio
For the Rental & Leasing Services subindustry, Ulma Construccion Polska'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.
Ulma Construccion Polska's Cash Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Ulma Construccion Polska's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Ulma Construccion Polska's Cash Ratio falls into.
Ulma Construccion Polska Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Ulma Construccion Polska's Cash Ratio for the fiscal year that ended in Dec. 2023 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.
Ulma Construccion Polska (WAR:ULM) 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.
Ulma Construccion Polska Cash Ratio Related Terms
Thank you for viewing the detailed overview of Ulma Construccion Polska's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ulma Construccion Polska SA offers vertical and horizontal formwork systems (shuttering systems) and scaffolding for the purposes of cubature and engineering construction, performance of maintenance works and application designs for these systems, as well as repairs of formwork systems and other accessories used in the assembly of formwork systems. It operates in the two segments namely construction site service, a segment that includes the rental of formwork and scaffolding systems along with broadly understood logistics service and construction settlement at the end of the contract; and sales of building materials, a segment that includes the sale of formwork systems that are components of fixed assets and turnover (products and goods) of the Group and other building materials.
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