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Prelios SpA Cash Ratio

: 0.42 (As of Dec. 2017)
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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. Prelios SpA's Cash Ratio for the quarter that ended in Dec. 2017 was 0.42.

Prelios SpA has a Cash Ratio of 0.42. 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 Prelios SpA's Cash Ratio or its related term are showing as below:


Prelios SpA Cash Ratio Historical Data

The historical data trend for Prelios SpA'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.

Prelios SpA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.65 0.64 0.30 0.42

Prelios SpA Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Cash Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.30 0.36 0.40 0.37 0.42

Competitive Comparison

For the Real Estate Services subindustry, Prelios SpA'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.

   

Prelios SpA Cash Ratio Distribution

For the Real Estate industry and Real Estate sector, Prelios SpA's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Prelios SpA's Cash Ratio falls into.



Prelios SpA Cash Ratio Calculation

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

Prelios SpA's Cash Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Cash Ratio (A: Dec. 2017 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=38.398816568047/90.94674556213
=0.42

Prelios SpA's Cash Ratio for the quarter that ended in Dec. 2017 is calculated as:

Cash Ratio (Q: Dec. 2017 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=38.398816568047/90.94674556213
=0.42

* 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.


Prelios SpA  (GREY:PLLRF) 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.


Prelios SpA Cash Ratio Related Terms

Thank you for viewing the detailed overview of Prelios SpA's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Prelios SpA Business Description

Prelios SpA logo
Industry
Real Estate » Real Estate NAICS : 531190 SIC : 6531
Traded in Other Exchanges
N/A
Address
Via Valtellina, 15/17, Milan, ITA, 20159
Prelios is an European asset management company providing real estate and financial services. The company operates in Italy, Germany and Poland. Its services include Real estate fund management, Integrated property management services, Real estate agency, Valuations and Performing and non-performing loans management.

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