Accelleron Industries AG has a Cash Ratio of 0.55. 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 Accelleron Industries AG's Cash Ratio or its related term are showing as below:
XSWX:ACLN'
s Cash Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.55 Max: 0.66
Current: 0.55
During the past 2 years, Accelleron Industries AG's highest Cash Ratio was 0.66. The lowest was 0.22. And the median was 0.55.
XSWX:ACLN's Cash Ratio is ranked better than 62.88% of 299
companies
in the Aerospace & Defense industry
Industry Median: 0.36
vs XSWX:ACLN: 0.55
Accelleron Industries AG 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.
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Accelleron Industries AG Cash Ratio Chart
Accelleron Industries AG Annual Data
Trend
Dec21
Dec22
Cash Ratio
0.22
0.66
Accelleron Industries AG Semi-Annual Data
Dec21
Jun22
Dec22
Jun23
Cash Ratio
0.22
-
0.66
0.55
Competitive Comparison of Accelleron Industries AG's Cash Ratio
For the Aerospace & Defense subindustry, Accelleron Industries AG'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.
Accelleron Industries AG's Cash Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Accelleron Industries AG's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Accelleron Industries AG's Cash Ratio falls into.
Accelleron Industries AG Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Accelleron Industries AG's Cash Ratio for the fiscal year that ended in Dec. 2022 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.
Accelleron Industries AG (XSWX:ACLN) 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.
Accelleron Industries AG Cash Ratio Related Terms
Thank you for viewing the detailed overview of Accelleron Industries AG's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Accelleron Industries AG (XSWX:ACLN) Business Description
Accelleron Industries AG develop, produce and service turbochargers and digital solutions that make engines powerful and efficient. The company's solutions and services include Marine, Power, Oil & Gas, Rail. Its advanced products are used in a wide range of sectors including marine, energy and rail. The Company operates the business in the global turbocharger market for heavy duty 500 kilowatts and higher applications in two operating segments which are High Speed: which produces and services turbochargers with power outputs ranging from 500 to 5,000 kilowatts. High Speed turbochargers are used mainly in marine, electric power generation, oil & gas onshore and off-highway sites.Medium & Low Speed: produces and services turbochargers with power outputs from 3,000 to 30,000 kilowatts.
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