StreaksAI (LSE:STK) Cash Ratio : 11.60 (As of Aug. 2023)

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What is StreaksAI 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. StreaksAI's Cash Ratio for the quarter that ended in Aug. 2023 was 11.60.

StreaksAI has a Cash Ratio of 11.60. 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 StreaksAI's Cash Ratio or its related term are showing as below:

LSE:STK' s Cash Ratio Range Over the Past 10 Years
Min: 0.34 Med: 5.69 Max: 11.6
Current: 11.6

During the past 2 years, StreaksAI's highest Cash Ratio was 11.60. The lowest was 0.34. And the median was 5.69.

LSE:STK's Cash Ratio is ranked better than
95.94% of 567 companies
in the Interactive Media industry
Industry Median: 1.17 vs LSE:STK: 11.60

StreaksAI Cash Ratio Historical Data

The historical data trend for StreaksAI'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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StreaksAI Cash Ratio Chart

StreaksAI Annual Data

Trend

Feb22

Feb23

Cash Ratio

0.34

6.51

StreaksAI Semi-Annual Data
	Feb22	Aug22	Feb23	Aug23
Cash Ratio	0.34	4.87	6.51	11.60

Competitive Comparison of StreaksAI's Cash Ratio

For the Electronic Gaming & Multimedia subindustry, StreaksAI'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.

StreaksAI's Cash Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, StreaksAI's Cash Ratio distribution charts can be found below:

* The bar in red indicates where StreaksAI's Cash Ratio falls into.

StreaksAI Cash Ratio Calculation

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

StreaksAI's Cash Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Cash Ratio (A: Feb. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	2.07	/	0.318
	=	6.51

StreaksAI's Cash Ratio for the quarter that ended in Aug. 2023 is calculated as:

Cash Ratio (Q: Aug. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	1.032	/	0.089
	=	11.60

StreaksAI (LSE:STK) 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.

StreaksAI Cash Ratio Related Terms

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