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Emerald Holding (Emerald Holding) Cash Ratio : 0.89 (As of Dec. 2023)


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What is Emerald Holding 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. Emerald Holding's Cash Ratio for the quarter that ended in Dec. 2023 was 0.89.

Emerald Holding has a Cash Ratio of 0.89. 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 Emerald Holding's Cash Ratio or its related term are showing as below:

EEX' s Cash Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.09   Max: 2.55
Current: 0.89

During the past 10 years, Emerald Holding's highest Cash Ratio was 2.55. The lowest was 0.04. And the median was 0.09.

EEX's Cash Ratio is ranked better than
62.43% of 1022 companies
in the Media - Diversified industry
Industry Median: 0.55 vs EEX: 0.89

Emerald Holding Cash Ratio Historical Data

The historical data trend for Emerald Holding'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.

Emerald Holding Cash Ratio Chart

Emerald Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 2.55 1.21 1.08 0.89

Emerald Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 0.94 0.91 0.87 0.89

Competitive Comparison of Emerald Holding's Cash Ratio

For the Advertising Agencies subindustry, Emerald Holding'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.


Emerald Holding's Cash Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emerald Holding's Cash Ratio distribution charts can be found below:

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



Emerald Holding Cash Ratio Calculation

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

Emerald Holding's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=204.2/230.1
=0.89

Emerald Holding's Cash Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash Ratio (Q: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=204.2/230.1
=0.89

* 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.


Emerald Holding  (NYSE:EEX) 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.


Emerald Holding Cash Ratio Related Terms

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Emerald Holding (Emerald Holding) Business Description

Traded in Other Exchanges
Address
100 Broadway, 14th Floor, New York, NY, USA, 10005
Emerald Holding Inc is an operator of B2B trade shows in the United States by NSF. It operates trade shows, which serve a large and broad set of global exhibitors and attendees, across multiple attractive, fragmented sectors that represent significant portions of the U.S. economy. The company operates trade shows in several broadly-defined industry sectors namely, Gift, Home and General Merchandise, Sports Design and Construction, Technology, Jewelry, Other Trade Shows, Other Events, and Other Marketing Services amongst other. It operates in three segments: Commerce; Design, Creative, and Technology; and All others.
Executives
Danielle Puceta officer: EVP, Content & Commerce 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Issa Jouaneh officer: President, Connections 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Brian Field officer: Chief Operating Officer EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
David Saul Levin director EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
William Charles officer: Chief Information Officer EMERALD EXPOSITIONS EVENTS, INC., 31910 DEL OBISPO STREET, SUITE 200, SAN JUAN CAPISTRANO CA 92675
Stacey Sayetta officer: General Counsel EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Mitchell Gendel officer: General Counsel EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
David B. Doft officer: CFO & Treasurer EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Herve Sedky officer: CEO & President EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Lynda M Clarizio director 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Onex Corp 10 percent owner 161 BAY STREET, P O BOX 700, TORONTO ONTARIO CANA A6
Onex Partners V Gp Ltd 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Onex Partners Canadian Gp Inc. 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Opv Gem Aggregator Lp 10 percent owner C/O ONEX CORPORATION, 161 BAY STREET, TORONTO A6 M51 2S1
Onex Advisor Subco Iii Llc 10 percent owner ONEX CORPORATION 712 FIFTH AVENUE, NEW YORK NY 10019