Wal - Mart de MexicoB de CV has a Cash Ratio of 0.30. 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 Wal - Mart de MexicoB de CV's Cash Ratio or its related term are showing as below:
WMMVF'
s Cash Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.29 Max: 0.37
Current: 0.3
During the past 13 years, Wal - Mart de MexicoB de CV's highest Cash Ratio was 0.37. The lowest was 0.15. And the median was 0.29.
WMMVF's Cash Ratio is ranked better than 53.95% of 304
companies
in the Retail - Defensive industry
Industry Median: 0.28
vs WMMVF: 0.30
Wal - Mart de MexicoB de CV Cash Ratio Historical Data
* 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 Wal - Mart de MexicoB de CV's Cash Ratio
For the Discount Stores subindustry, Wal - Mart de MexicoB de CV'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.
Wal - Mart de MexicoB de CV's Cash Ratio Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Wal - Mart de MexicoB de CV's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Wal - Mart de MexicoB de CV's Cash Ratio falls into.
Wal - Mart de MexicoB de CV Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
* 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.
Wal - Mart de MexicoB de CV (OTCPK:WMMVF) 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.
Wal - Mart de MexicoB de CV Cash Ratio Related Terms
Thank you for viewing the detailed overview of Wal - Mart de MexicoB de CV's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Business Description
Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.
Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Headlines
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