Value Partners Group has a Cash Ratio of 1.72. 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 Value Partners Group's Cash Ratio or its related term are showing as below:
VPGLF'
s Cash Ratio Range Over the Past 10 Years
Min: 1.72 Med: 6.1 Max: 13.92
Current: 1.72
During the past 13 years, Value Partners Group's highest Cash Ratio was 13.92. The lowest was 1.72. And the median was 6.10.
VPGLF's Cash Ratio is ranked better than 51.13% of 665
companies
in the Asset Management industry
Industry Median: 1.59
vs VPGLF: 1.72
Value Partners Group Cash Ratio Historical Data
The historical data trend for Value Partners 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.
Competitive Comparison of Value Partners Group's Cash Ratio
For the Asset Management subindustry, Value Partners 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.
Value Partners Group's Cash Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Value Partners Group's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Value Partners Group's Cash Ratio falls into.
Value Partners 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.
Value Partners Group'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.
Value Partners Group (OTCPK:VPGLF) 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.
Value Partners Group Cash Ratio Related Terms
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Value Partners Group (Value Partners Group) Business Description
Value Partners Group Ltd offers asset management portfolios for institutional and individual clients in the Asia Pacific, Europe, and the United States. Fund options include absolute return funds, fixed-income products, long-short hedge funds, exchange-traded funds, and quantitative funds. Inflows for Value's products come by way of a distribution network that includes retail banks, private banks, and insurance companies. Retail investors are the majority contributors to the firm's host of funds with a majority of the Value's assets held by funds within its group of brands. The firm provides other fund opportunities under white-label and co-branded funds.
Value Partners Group (Value Partners Group) Headlines
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