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KE Holdings Cash Ratio

: 1.53 (As of Mar. 2022)
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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. KE Holdings's Cash Ratio for the quarter that ended in Mar. 2022 was 1.53.

KE Holdings has a Cash Ratio of 1.53. 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 KE Holdings's Cash Ratio or its related term are showing as below:

BEKE' s Cash Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.45   Max: 1.72
Current: 1.53

During the past 5 years, KE Holdings's highest Cash Ratio was 1.72. The lowest was 0.57. And the median was 1.45.

BEKE's Cash Ratio is ranked better than
80.42% of 1757 companies
in the Real Estate industry
Industry Median: 0.40 vs BEKE: 1.53

KE Holdings Cash Ratio Historical Data

The historical data trend for KE Holdings'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.

KE Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Cash Ratio
0.80 0.57 0.94 1.68 1.72

KE Holdings Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.45 1.44 1.54 1.72 1.53

Competitive Comparison

For the Real Estate Services subindustry, KE Holdings'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.

   

KE Holdings Cash Ratio Distribution

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

* The bar in red indicates where KE Holdings's Cash Ratio falls into.



KE Holdings Cash Ratio Calculation

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

KE Holdings's Cash Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Cash Ratio (A: Dec. 2021 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=7826.4118505958/4543.0639159719
=1.72

KE Holdings's Cash Ratio for the quarter that ended in Mar. 2022 is calculated as:

Cash Ratio (Q: Mar. 2022 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=6841.5195599407/4483.5395454402
=1.53

* 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.


KE Holdings  (NYSE:BEKE) 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.


KE Holdings Cash Ratio Related Terms

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KE Holdings Business Description

KE Holdings logo
Traded in Other Exchanges
Address
No. 2 Chuangye Road, Oriental Electronic Technology Building, Haidian District, Beijing, CHN, 100086
KE Holdings Inc is engaged in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company through its Beike platform reinvents how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. It operates in three operating segments Existing home transaction services; New home transaction services; and Emerging and other services. The company generates maximum revenue from New home transaction services segment.

KE Holdings Headlines

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