Rogers Sugar (Rogers Sugar) Cash Ratio : 0.02 (As of Mar. 2024)

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What is Rogers Sugar 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. Rogers Sugar's Cash Ratio for the quarter that ended in Mar. 2024 was 0.02.

Rogers Sugar has a Cash Ratio of 0.02. 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 Rogers Sugar's Cash Ratio or its related term are showing as below:

RSGUF' s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.12
Current: 0.02

During the past 13 years, Rogers Sugar's highest Cash Ratio was 0.12. The lowest was 0.01. And the median was 0.02.

RSGUF's Cash Ratio is ranked worse than
93.65% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 0.38 vs RSGUF: 0.02

Rogers Sugar Cash Ratio Historical Data

The historical data trend for Rogers Sugar'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.

Rogers Sugar Cash Ratio Chart

Rogers Sugar Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash Ratio

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0.01

0.12

Rogers Sugar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash Ratio	Get a 7-Day Free Trial															0.01	-	-	0.03	0.02

Competitive Comparison of Rogers Sugar's Cash Ratio

For the Confectioners subindustry, Rogers Sugar'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.

Rogers Sugar's Cash Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rogers Sugar's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Rogers Sugar's Cash Ratio falls into.

Rogers Sugar Cash Ratio Calculation

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

Rogers Sugar's Cash Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Cash Ratio (A: Sep. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	0.034	/	169.48
	=	0.00

Rogers Sugar's Cash Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash Ratio (Q: Mar. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	2.55	/	143.168
	=	0.02

Rogers Sugar (OTCPK:RSGUF) 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.

Rogers Sugar Cash Ratio Related Terms

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Rogers Sugar (Rogers Sugar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rogers Sugar Inc (OTCPK:RSGUF) » Definitions » Cash Ratio

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16R:Germany RSI:Canada

Address

123 Rogers Street, Vancouver, BC, CAN, V6B 3V2

Website

https://www.lanticrogers.com

Rogers Sugar Inc is a Canada-based sugar-producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include Brown sugar, Yellow sugar, Icing sugar and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.