ACC Aviation Holdings (ACC Aviation Holdings) Cash Ratio : 3.22 (As of Sep. 2023)

ACC Aviation Holdings Cash Ratio Chart

ACC Aviation Holdings Annual Data
	Trend	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec17	Dec18	Dec19
Cash Ratio		Get a 7-Day Free Trial					0.03	0.15	327.00	28.56	0.31

ACC Aviation Holdings Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Sep22	Sep23
Cash Ratio	Get a 7-Day Free Trial															25.06	-	0.31	-	3.22

Competitive Comparison of ACC Aviation Holdings's Cash Ratio

For the Shell Companies subindustry, ACC Aviation Holdings'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.

ACC Aviation Holdings's Cash Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACC Aviation Holdings's Cash Ratio distribution charts can be found below:

* The bar in red indicates where ACC Aviation Holdings's Cash Ratio falls into.

ACC Aviation Holdings Cash Ratio Calculation

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

ACC Aviation Holdings's Cash Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

ACC Aviation Holdings's Cash Ratio for the quarter that ended in Sep. 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.

ACC Aviation Holdings  (OTCPK:CAVG) 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.

ACC Aviation Holdings Cash Ratio Related Terms

Thank you for viewing the detailed overview of ACC Aviation Holdings's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

ACC Aviation Holdings (ACC Aviation Holdings) Business Description