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Frontera Group (Frontera Group) Cash Ratio : 0.00 (As of Dec. 2022)


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What is Frontera Group 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. Frontera Group's Cash Ratio for the quarter that ended in Dec. 2022 was 0.00.

Frontera Group 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 Frontera Group's Cash Ratio or its related term are showing as below:

FRTG's Cash Ratio is not ranked *
in the Business Services industry.
Industry Median: 0.58
* Ranked among companies with meaningful Cash Ratio only.

Frontera Group Cash Ratio Historical Data

The historical data trend for Frontera 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.

* Premium members only.

Frontera Group Cash Ratio Chart

Frontera Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cash Ratio
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Frontera Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 - - - -

Competitive Comparison of Frontera Group's Cash Ratio

For the Specialty Business Services subindustry, Frontera 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.


Frontera Group's Cash Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Frontera Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Frontera Group's Cash Ratio falls into.



Frontera Group Cash Ratio Calculation

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

Frontera Group's Cash Ratio for the fiscal year that ended in Jun. 2022 is calculated as:

Cash Ratio (A: Jun. 2022 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.002/5.365
=0.00

Frontera Group's Cash Ratio for the quarter 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.


Frontera Group  (OTCPK:FRTG) 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.


Frontera Group Cash Ratio Related Terms

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Frontera Group (Frontera Group) Business Description

Traded in Other Exchanges
N/A
Address
140-75 Ash Avenue, Suite 2C, Flushing, NY, USA, 11355
Frontera Group Inc is a technology-focused operator and acquirer of revenue-generating companies and intellectual property.
Executives
Nanjing Dayu Xianneng Food Co, Ltd 10 percent owner LIUSHUNYUAN ROAD LULANG TOWNSHIP,, JIANGNING DISTRICT, NANJING F4 210024

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