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. Wilhelmina International's Cash Ratio for the quarter that ended in Dec. 2023 was 1.03.
Wilhelmina International has a Cash Ratio of 1.03. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Wilhelmina International's Cash Ratio or its related term are showing as below:
WHLM'
s Cash Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.49 Max: 1.03
Current: 1.03
During the past 13 years, Wilhelmina International's highest Cash Ratio was 1.03. The lowest was 0.29. And the median was 0.49.
WHLM's Cash Ratio is ranked better than 65.4% of 1055
companies
in the Business Services industry
Industry Median: 0.58
vs WHLM: 1.03
Wilhelmina International Cash Ratio Historical Data
The historical data trend for Wilhelmina International'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 Wilhelmina International's Cash Ratio
For the Specialty Business Services subindustry, Wilhelmina International'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.
Wilhelmina International's Cash Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Wilhelmina International's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Wilhelmina International's Cash Ratio falls into.
Wilhelmina International Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Wilhelmina International's Cash Ratio for the fiscal year that ended in Dec. 2023 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.
Wilhelmina International (NAS:WHLM) 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.
Wilhelmina International Cash Ratio Related Terms
Thank you for viewing the detailed overview of Wilhelmina International's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wilhelmina International (Wilhelmina International) Business Description
Wilhelmina International Inc is engaged in the business of fashion model management. The company provides traditional, full-service fashion model and talent management services, specializing in the representation and management of models, entertainers, artists, athletes and another talent to various clients which include retailers, designers, advertising agencies, print and electronic media and catalog companies. In addition, the company is also engaged in providing fashion modeling and talent product endorsement services to clients such as advertising agencies, branded consumer goods companies, fashion designers, magazine publications, retailers, department stores, product catalogs and Internet sites.
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