SCE Intelligent Commercial Management Holdings (HKSE:00606) Cash Ratio : 1.61 (As of Dec. 2023)

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What is SCE Intelligent Commercial Management Holdings 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. SCE Intelligent Commercial Management Holdings's Cash Ratio for the quarter that ended in Dec. 2023 was 1.61.

SCE Intelligent Commercial Management Holdings has a Cash Ratio of 1.61. 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 SCE Intelligent Commercial Management Holdings's Cash Ratio or its related term are showing as below:

HKSE:00606' s Cash Ratio Range Over the Past 10 Years
Min: 0.08 Med: 1.24 Max: 4.77
Current: 1.61

During the past 6 years, SCE Intelligent Commercial Management Holdings's highest Cash Ratio was 4.77. The lowest was 0.08. And the median was 1.24.

HKSE:00606's Cash Ratio is ranked better than
83.62% of 1770 companies
in the Real Estate industry
Industry Median: 0.32 vs HKSE:00606: 1.61

SCE Intelligent Commercial Management Holdings Cash Ratio Historical Data

The historical data trend for SCE Intelligent Commercial Management 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.

SCE Intelligent Commercial Management Holdings Cash Ratio Chart

SCE Intelligent Commercial Management Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Ratio

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0.10

0.87

4.77

2.06

1.61

SCE Intelligent Commercial Management Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash Ratio	Get a 7-Day Free Trial					4.77	4.68	2.06	3.35	1.61

Competitive Comparison of SCE Intelligent Commercial Management Holdings's Cash Ratio

For the Real Estate Services subindustry, SCE Intelligent Commercial Management 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.

SCE Intelligent Commercial Management Holdings's Cash Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where SCE Intelligent Commercial Management Holdings's Cash Ratio falls into.

SCE Intelligent Commercial Management 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.

SCE Intelligent Commercial Management Holdings's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	1265.909	/	787.287
	=	1.61

SCE Intelligent Commercial Management Holdings's Cash Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash Ratio (Q: Dec. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	1265.909	/	787.287
	=	1.61

SCE Intelligent Commercial Management Holdings (HKSE:00606) 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.

SCE Intelligent Commercial Management Holdings Cash Ratio Related Terms

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SCE Intelligent Commercial Management Holdings (HKSE:00606) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SCE Intelligent Commercial Management Holdings Ltd (HKSE:00606) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Lane 1688, Shenchang Road, 5th Floor, SCE Tower, Hongqiao Business District, Shanghai, CHN

Website

http://www.sce-icm.com

SCE Intelligent Commercial Management Holdings Ltd is a comprehensive property management service provider managing both commercial and residential properties in China. The company's property management portfolio includes approximately 60 cities across 19 provinces, municipalities, and autonomous regions in China.

Executives

Boc Hong Kong (holdings) Limited	2201 Interest of corporation controlled by you
Luso International Banking Limited	2401 A concert party to an agreement to buy shares
Nan Yang Shang Ye Yin Hang Zhong Guo You Xian Gong Si Shen Zhen Fen Hang	2401 A concert party to an agreement to buy shares
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Chow Wai Shing Daniel (in The Capacity As The Receiver)	2501 Other
Wong Chiu Yeung	2201 Interest of corporation controlled by you
Cmb Wing Lung Bank Limited	2401 A concert party to an agreement to buy shares
The Bank Of East Asia, Limited	2401 A concert party to an agreement to buy shares
Hsbc Holdings Plc	2201 Interest of corporation controlled by you
Gardner Aaron Luke (in The Capacity As The Receiver)	2501 Other
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Affluent Way International Limited	2201 Interest of corporation controlled by you
Boc Hong Kong (group) Limited	2201 Interest of corporation controlled by you
Boc Hong Kong (bvi) Limited	2201 Interest of corporation controlled by you
Bank Of China Limited	2201 Interest of corporation controlled by you

SCE Intelligent Commercial Management Holdings (HKSE:00606) Headlines

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