Natures Sunshine Products has a Cash Ratio of 1.07. 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 Natures Sunshine Products's Cash Ratio or its related term are showing as below:
NATR'
s Cash Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.93 Max: 1.32
Current: 1.07
During the past 13 years, Natures Sunshine Products's highest Cash Ratio was 1.32. The lowest was 0.54. And the median was 0.93.
NATR's Cash Ratio is ranked better than 74.51% of 1844
companies
in the Consumer Packaged Goods industry
Industry Median: 0.39
vs NATR: 1.07
Natures Sunshine Products 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 Natures Sunshine Products's Cash Ratio
For the Packaged Foods subindustry, Natures Sunshine Products'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.
Natures Sunshine Products's Cash Ratio Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Natures Sunshine Products's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Natures Sunshine Products's Cash Ratio falls into.
Natures Sunshine Products Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Natures Sunshine Products'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.
Natures Sunshine Products (NAS:NATR) 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.
Natures Sunshine Products Cash Ratio Related Terms
Thank you for viewing the detailed overview of Natures Sunshine Products's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Natures Sunshine Products (Natures Sunshine Products) Business Description
Natures Sunshine Products Inc is a natural health and wellness company, primarily engaged in the manufacturing and selling of nutritional and personal care products. The company markets its products in Australia, Austria, Belarus, Canada, Colombia, Costa Rica, the Czech Republic, Denmark, the Dominican Republic, Ecuador, El Salvador, Finland, Germany, Guatemala, Honduras, Hong Kong, and in various other countries. The company operates in four segments namely, Asia, Europe, North America, and Latin America and Other. It offers products related to general health, immunity, cardiovascular, digestive, personal care and weight management.
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