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. Dialog Group Bhd's Cash Ratio for the quarter that ended in Dec. 2023 was 1.17.
Dialog Group Bhd has a Cash Ratio of 1.17. 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 Dialog Group Bhd's Cash Ratio or its related term are showing as below:
XKLS:7277'
s Cash Ratio Range Over the Past 10 Years
Min: 0.5 Med: 0.89 Max: 1.71
Current: 1.17
During the past 13 years, Dialog Group Bhd's highest Cash Ratio was 1.71. The lowest was 0.50. And the median was 0.89.
XKLS:7277's Cash Ratio is ranked better than 75.56% of 1023
companies
in the Oil & Gas industry
Industry Median: 0.41
vs XKLS:7277: 1.17
Dialog Group Bhd Cash Ratio Historical Data
The historical data trend for Dialog Group Bhd'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 Dialog Group Bhd's Cash Ratio
For the Oil & Gas Equipment & Services subindustry, Dialog Group Bhd'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.
Dialog Group Bhd's Cash Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dialog Group Bhd's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Dialog Group Bhd's Cash Ratio falls into.
Dialog Group Bhd Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Dialog Group Bhd's Cash Ratio for the fiscal year that ended in Jun. 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.
Dialog Group Bhd (XKLS:7277) 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.
Dialog Group Bhd Cash Ratio Related Terms
Thank you for viewing the detailed overview of Dialog Group Bhd's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Dialog Group Bhd provides technical services to the upstream, midstream, and downstream sectors in the oil, gas, and petrochemical industry. Its comprehensive range of services includes logistics, engineering and construction, fabrication, and maintenance. Products range from pumps, pipe support, and diagnostic services for upstream operations to multi-purpose dispensers and petrol retail and convenience stores. Dialog Group works on multiple phases of the oil and gas value chain and has several technology partners to enhance solutions. The company's customers are primarily multinational oil majors, national oil companies, and multinational engineering and service providers. It has offices in multiple regions of the world but generates the majority of its revenue in Southeast Asia.
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