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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Cash Ratio : 0.00 (As of Oct. 2017)


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What is Indo Global Exchange(s) Pte 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. Indo Global Exchange(s) Pte's Cash Ratio for the quarter that ended in Oct. 2017 was 0.00.

Indo Global Exchange(s) Pte has a Cash Ratio of 0.00. 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 Indo Global Exchange(s) Pte's Cash Ratio or its related term are showing as below:

IGEX's Cash Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.58
* Ranked among companies with meaningful Cash Ratio only.

Indo Global Exchange(s) Pte Cash Ratio Historical Data

The historical data trend for Indo Global Exchange(s) Pte'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.

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Indo Global Exchange(s) Pte Cash Ratio Chart

Indo Global Exchange(s) Pte Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
Cash Ratio
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Indo Global Exchange(s) Pte Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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Competitive Comparison of Indo Global Exchange(s) Pte's Cash Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Indo Global Exchange(s) Pte'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.


Indo Global Exchange(s) Pte's Cash Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indo Global Exchange(s) Pte's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Indo Global Exchange(s) Pte's Cash Ratio falls into.



Indo Global Exchange(s) Pte Cash Ratio Calculation

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

Indo Global Exchange(s) Pte's Cash Ratio for the fiscal year that ended in Jul. 2017 is calculated as:

Indo Global Exchange(s) Pte's Cash Ratio for the quarter that ended in Oct. 2017 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.


Indo Global Exchange(s) Pte  (OTCPK:IGEX) 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.


Indo Global Exchange(s) Pte Cash Ratio Related Terms

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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Business Description

Traded in Other Exchanges
N/A
Address
6400 S. Fiddlers Green, No. 250 No.1012, Greenwood Village, CO, USA, 80111
Indo Global Exchange(s) Pte Ltd is a holding company. The company is focusing on developing assets within the pharmaceutical and nutraceutical industries.