Gamuda Bhd has a Cash Ratio of 0.60. 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 Gamuda Bhd's Cash Ratio or its related term are showing as below:
XKLS:5398'
s Cash Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.6 Max: 0.95
Current: 0.6
During the past 13 years, Gamuda Bhd's highest Cash Ratio was 0.95. The lowest was 0.11. And the median was 0.60.
XKLS:5398's Cash Ratio is ranked better than 71.62% of 1670
companies
in the Construction industry
Industry Median: 0.295
vs XKLS:5398: 0.60
Gamuda Bhd Cash Ratio Historical Data
The historical data trend for Gamuda Bhd'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.
For the Engineering & Construction subindustry, Gamuda Bhd'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.
Gamuda Bhd's Cash Ratio Distribution in the Construction Industry
For the Construction industry and Industrials sector, Gamuda Bhd's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Gamuda Bhd's Cash Ratio falls into.
Gamuda Bhd Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Gamuda Bhd's Cash Ratio for the fiscal year that ended in Jul. 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.
Gamuda Bhd (XKLS:5398) 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.
Gamuda Bhd Cash Ratio Related Terms
Thank you for viewing the detailed overview of Gamuda Bhd's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Gamuda Bhdis one of Malaysia's firms in infrastructure and property development. It helps construct highways, plants, ports, and other industrial developments throughout select regions, and the company also develops residential and commercial communities. The company has three core business divisions: engineering and construction, property development, and water and expressway concessions. The engineering and construction segment generates more than half of the total revenue. Concessions granted to Gamuda from government authorities pertain to operating highways and water management. Gamuda operates highway tolls and works to minimize traffic congestion. As a water provider, it uses a multistep process to supply fresh clean water.
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