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Registered Plan Private Investments (Registered Plan Private Investments) Cash Ratio : 0.01 (As of Dec. 2019)


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What is Registered Plan Private Investments 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. Registered Plan Private Investments's Cash Ratio for the quarter that ended in Dec. 2019 was 0.01.

Registered Plan Private Investments has a Cash Ratio of 0.01. 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 Registered Plan Private Investments's Cash Ratio or its related term are showing as below:

LXGTF's Cash Ratio is not ranked *
in the Asset Management industry.
Industry Median: 1.55
* Ranked among companies with meaningful Cash Ratio only.

Registered Plan Private Investments Cash Ratio Historical Data

The historical data trend for Registered Plan Private Investments'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.

Registered Plan Private Investments Cash Ratio Chart

Registered Plan Private Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Cash Ratio
4.43 5.62 0.16 0.01

Registered Plan Private Investments Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.16 0.02 0.01 0.02 0.01

Competitive Comparison of Registered Plan Private Investments's Cash Ratio

For the Asset Management subindustry, Registered Plan Private Investments'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.


Registered Plan Private Investments's Cash Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Registered Plan Private Investments's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Registered Plan Private Investments's Cash Ratio falls into.



Registered Plan Private Investments Cash Ratio Calculation

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

Registered Plan Private Investments's Cash Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Cash Ratio (A: Dec. 2019 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.01/0.799
=0.01

Registered Plan Private Investments's Cash Ratio for the quarter that ended in Dec. 2019 is calculated as:

Cash Ratio (Q: Dec. 2019 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.01/0.799
=0.01

* 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.


Registered Plan Private Investments  (OTCPK:LXGTF) 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.


Registered Plan Private Investments Cash Ratio Related Terms

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Registered Plan Private Investments (Registered Plan Private Investments) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Registered Plan Private Investments Inc is a private investment platform company that allows investors to use their Registered Plans (including registered retirement savings plans, registered education savings plans, tax-free savings accounts, registered retirement income funds, and registered disability savings plans) at their direction to invest in private companies by purchasing tracking shares in RPPI, which in turn uses these proceeds to invest in the specific private company chosen by the investor.

Registered Plan Private Investments (Registered Plan Private Investments) Headlines

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