China Enterprises (China Enterprises) Cash Ratio : 18.21 (As of Dec. 2018)

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What is China Enterprises 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. China Enterprises's Cash Ratio for the quarter that ended in Dec. 2018 was 18.21.

China Enterprises has a Cash Ratio of 18.21. 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 China Enterprises's Cash Ratio or its related term are showing as below:

CSHEF's Cash Ratio is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.36
* Ranked among companies with meaningful Cash Ratio only.

China Enterprises Cash Ratio Historical Data

The historical data trend for China Enterprises'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.

* Premium members only.

China Enterprises Cash Ratio Chart

China Enterprises Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash Ratio

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15.00

14.23

14.12

16.16

18.21

China Enterprises Semi-Annual Data
	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Cash Ratio	Get a 7-Day Free Trial															15.00	14.23	14.12	16.16	18.21

Competitive Comparison of China Enterprises's Cash Ratio

For the Auto Parts subindustry, China Enterprises'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.

China Enterprises's Cash Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Enterprises's Cash Ratio distribution charts can be found below:

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

China Enterprises Cash Ratio Calculation

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

China Enterprises's Cash Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Cash Ratio (A: Dec. 2018 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	73.724	/	4.048
	=	18.21

China Enterprises's Cash Ratio for the quarter that ended in Dec. 2018 is calculated as:

Cash Ratio (Q: Dec. 2018 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	73.724	/	4.048
	=	18.21

China Enterprises (OTCPK:CSHEF) 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.

China Enterprises Cash Ratio Related Terms

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