Sustainable Green Team 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 Sustainable Green Team's Cash Ratio or its related term are showing as below:
During the past 3 years, Sustainable Green Team's highest Cash Ratio was 0.11. The lowest was 0.11. And the median was 0.11.
SGTM's Cash Ratio is not ranked *
in the Forest Products industry.
Industry Median: 0.29 * Ranked among companies with meaningful Cash Ratio only.
* 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 Sustainable Green Team's Cash Ratio
For the Lumber & Wood Production subindustry, Sustainable Green Team'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.
Sustainable Green Team's Cash Ratio Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Sustainable Green Team's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Sustainable Green Team's Cash Ratio falls into.
Sustainable Green Team Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Sustainable Green Team'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.
Sustainable Green Team (OTCPK:SGTM) 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.
Sustainable Green Team Cash Ratio Related Terms
Thank you for viewing the detailed overview of Sustainable Green Team's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Sustainable Green Team (Sustainable Green Team) Business Description
Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.
Sustainable Green Team (Sustainable Green Team) Headlines
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