Revenue Group Bhd has a Cash Ratio of 0.64. 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 Revenue Group Bhd's Cash Ratio or its related term are showing as below:
XKLS:0200'
s Cash Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.25 Max: 3.97
Current: 0.64
During the past 7 years, Revenue Group Bhd's highest Cash Ratio was 3.97. The lowest was 0.45. And the median was 1.25.
XKLS:0200's Cash Ratio is ranked worse than 55.67% of 2777
companies
in the Software industry
Industry Median: 0.76
vs XKLS:0200: 0.64
Revenue Group Bhd Cash Ratio Historical Data
The historical data trend for Revenue 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 Revenue Group Bhd's Cash Ratio
For the Software - Infrastructure subindustry, Revenue 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.
Revenue Group Bhd's Cash Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Revenue Group Bhd's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Revenue Group Bhd's Cash Ratio falls into.
Revenue 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.
Revenue Group Bhd's Cash Ratio for the fiscal year that ended in Jun. 2021 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.
Revenue Group Bhd (XKLS:0200) 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.
Revenue Group Bhd Cash Ratio Related Terms
Thank you for viewing the detailed overview of Revenue Group Bhd's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Revenue Group Bhd (XKLS:0200) Business Description
Revenue Group Bhd along with its subsidiaries is engaged in delivering a complete and customizable payment solution. The company provides various solutions such as Loyalty System, Web-based Payment System, Consumer Behavioural Management System, Terminal Management System, Payment Transaction Management System, and others. Its business profile includes Hybrid Payment, Revpay, Software Development, Virtual payment, Physical Terminal Payment and others. It operates in three segments: EDC terminals, Electronic transaction processing, and Solutions and services. The EDC terminals segment that derives majority revenue engages in the distribution, deployment, and maintenance of EDC terminals.
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