Brown (N) Group (Brown (N) Group) Cash Ratio : 0.57 (As of Aug. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Brown (N) 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. Brown (N) Group's Cash Ratio for the quarter that ended in Aug. 2023 was 0.57.

Brown (N) Group has a Cash Ratio of 0.57. 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 Brown (N) Group's Cash Ratio or its related term are showing as below:

NBRNF' s Cash Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.34 Max: 0.64
Current: 0.57

During the past 13 years, Brown (N) Group's highest Cash Ratio was 0.64. The lowest was 0.15. And the median was 0.34.

NBRNF's Cash Ratio is ranked better than
62.58% of 1093 companies
in the Retail - Cyclical industry
Industry Median: 0.38 vs NBRNF: 0.57

Brown (N) Group Cash Ratio Historical Data

The historical data trend for Brown (N) 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.

Brown (N) Group Cash Ratio Chart

Brown (N) Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash Ratio

Get a 7-Day Free Trial

0.20

0.64

0.63

0.29

0.25

Brown (N) Group Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash Ratio	Get a 7-Day Free Trial															0.34	0.29	0.33	0.25	0.57

Competitive Comparison of Brown (N) Group's Cash Ratio

For the Internet Retail subindustry, Brown (N) 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.

Brown (N) Group's Cash Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Brown (N) Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Brown (N) Group's Cash Ratio falls into.

Brown (N) 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.

Brown (N) Group's Cash Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Cash Ratio (A: Feb. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	25	/	100.242
	=	0.25

Brown (N) Group's Cash Ratio for the quarter that ended in Aug. 2023 is calculated as:

Cash Ratio (Q: Aug. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	62.389	/	110.419
	=	0.57

Brown (N) Group (OTCPK:NBRNF) 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.

Brown (N) Group Cash Ratio Related Terms

Thank you for viewing the detailed overview of Brown (N) Group's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Brown (N) Group (Brown (N) Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Brown (N) Group PLC (OTCPK:NBRNF) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

BWNG:UK

Address

40 Lever Street, Griffin House, Manchester, GBR, M60 6ES

Website

https://www.nbrown.co.uk

Brown (N) Group PLC is an apparel, footwear, and homeware retailer, based in the UK. The company's main brands are Simply Be JD Williams, and Jacamo. The JD Williams brand is targeted to plus-size consumers with ranges for women, men, home, and kids. Simply Be offers fashion items to women of all sizes, while Jacamo offers collections for men in a wide size range (from small to 5XL). The main markets are the United Kingdom, Ireland, and the United States. The company offers also credit-line facilities to its customers. N Brown Group offers products mainly through the online channel; however, the company also owns stores.