AUTO1 Group has a Cash Ratio of 0.56. 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 AUTO1 Group's Cash Ratio or its related term are showing as below:
XTER:AG1'
s Cash Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.76 Max: 1.98
Current: 0.56
During the past 10 years, AUTO1 Group's highest Cash Ratio was 1.98. The lowest was 0.27. And the median was 0.76.
XTER:AG1's Cash Ratio is ranked better than 86.13% of 1298
companies
in the Vehicles & Parts industry
Industry Median: 0.36
vs XTER:AG1: 0.56
AUTO1 Group Cash Ratio Historical Data
The historical data trend for AUTO1 Group'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 AUTO1 Group's Cash Ratio
For the Auto & Truck Dealerships subindustry, AUTO1 Group'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.
AUTO1 Group's Cash Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, AUTO1 Group's Cash Ratio distribution charts can be found below:
* The bar in red indicates where AUTO1 Group's Cash Ratio falls into.
* 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.
AUTO1 Group (XTER:AG1) 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.
AUTO1 Group Cash Ratio Related Terms
Thank you for viewing the detailed overview of AUTO1 Group's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
AUTO1 Group is a digital platform that facilitates the buying and selling of used cars online. It provides a simple and convenient way for both individual customers and professional car dealers across Europe to purchase and sell used cars at transparent prices, without the need for negotiation. AUTO1 Group has two main operating segments: Merchant and Retail. In the Merchant segment, used cars are sold to commercial car dealers through the AUTO1.com brand. The Merchant revenue includes auction fees, logistics services fees, and other charges associated with the provision of vehicles to dealers. The Retail segment focuses on selling used cars to private customers under the Autohero brand. However, the majority of the revenue is generated from the Merchant segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:AG1 has been successfully added to your 