Ssial Food (XKRX:236030) Cash Ratio : 0.00 (As of . 20)

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What is Ssial Food 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. Ssial Food's Cash Ratio for the quarter that ended in . 20 was 0.00.

Ssial Food 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 Ssial Food's Cash Ratio or its related term are showing as below:

XKRX:236030's Cash Ratio is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.37
* Ranked among companies with meaningful Cash Ratio only.

Ssial Food Cash Ratio Historical Data

The historical data trend for Ssial Food'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.

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Ssial Food Cash Ratio Chart

Ssial Food Annual Data

Trend

Cash Ratio

Ssial Food Semi-Annual Data

Cash Ratio

Competitive Comparison of Ssial Food's Cash Ratio

For the Farm Products subindustry, Ssial Food'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.

Ssial Food's Cash Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ssial Food's Cash Ratio distribution charts can be found below:

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

Ssial Food Cash Ratio Calculation

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

Ssial Food's Cash Ratio for the fiscal year that ended in . 20 is calculated as:

Cash Ratio (A: . 20 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=		/
	=

Ssial Food's Cash Ratio for the quarter that ended in . 20 is calculated as:

Cash Ratio (Q: . 20 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=		/
	=

Ssial Food (XKRX:236030) 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.

Ssial Food Cash Ratio Related Terms

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Ssial Food (XKRX:236030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ssial Food Inc (XKRX:236030) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 to Bio Valley 1, Chungcheongbuk-do, Jecheon, KOR

Website

http://www.crfood.co.kr

Ssial Food Inc is a Korea based manufacturer of cereal products, starch and starch products. Its product portfolio covers almond flakes, pororo conplasor, rice flakes, and others. The business domain of the company includes Brand business, ODM business and Global business. In Brand business, the company is engaged in producing and selling self-branded products such as cereal, cereal bars, and health functional foods. In ODM business, the organization is involved in the production and delivery of PB products to domestic distributors. The organization is also involved in product development and export activities in the Global business division.

Ssial Food (XKRX:236030) Headlines

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