INFOvine CO 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 INFOvine CO's Cash Ratio or its related term are showing as below:
During the past 13 years, INFOvine CO's highest Cash Ratio was 26.67. The lowest was 3.91. And the median was 19.06.
XKRX:115310's Cash Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 0.55 * Ranked among companies with meaningful Cash Ratio only.
INFOvine CO Cash Ratio Historical Data
The historical data trend for INFOvine CO'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.
Competitive Comparison of INFOvine CO's Cash Ratio
For the Entertainment subindustry, INFOvine CO'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.
INFOvine CO's Cash Ratio Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, INFOvine CO's Cash Ratio distribution charts can be found below:
* The bar in red indicates where INFOvine CO's Cash Ratio falls into.
INFOvine CO Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
INFOvine CO'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.
INFOvine CO (XKRX:115310) 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.
INFOvine CO Cash Ratio Related Terms
Thank you for viewing the detailed overview of INFOvine CO's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
INFOvine CO LTD is engaged in offering mobile phone certificate service and online game business. It is involved in the business areas of UBIKEY, SUPERPASS, and Games/Entertainment. UBIKEY covers mobile phone certificate service that enables to securely sign an electronic certificate when required, such as certificate login, financial transaction, personal authentication, e-commerce payment, and others by storing and issuing an authorized certificate in APP or USIM of the mobile phone. SUPERPASS business includes a service that allows to log in quickly from all sites in Korea and all over the world by dividing and encrypting the ID and password of the site that has been subscribed to, and encrypting it. In Games and Entertainment business, the company creates game and entertainment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKRX:115310 has been successfully added to your 