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Recruiter.Com Group (Recruiter.Com Group) Cash Ratio : 0.15 (As of Dec. 2023)


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What is Recruiter.Com Group 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. Recruiter.Com Group's Cash Ratio for the quarter that ended in Dec. 2023 was 0.15.

Recruiter.Com Group has a Cash Ratio of 0.15. 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 Recruiter.Com Group's Cash Ratio or its related term are showing as below:

RCRT' s Cash Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.09   Max: 2.28
Current: 0.15

During the past 13 years, Recruiter.Com Group's highest Cash Ratio was 2.28. The lowest was 0.01. And the median was 0.09.

RCRT's Cash Ratio is ranked worse than
82.41% of 1052 companies
in the Business Services industry
Industry Median: 0.57 vs RCRT: 0.15

Recruiter.Com Group Cash Ratio Historical Data

The historical data trend for Recruiter.Com Group'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.

Recruiter.Com Group Cash Ratio Chart

Recruiter.Com Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.01 0.34 0.12 0.15

Recruiter.Com Group 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 0.12 0.03 0.05 0.03 0.15

Competitive Comparison of Recruiter.Com Group's Cash Ratio

For the Staffing & Employment Services subindustry, Recruiter.Com Group'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.


Recruiter.Com Group's Cash Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Recruiter.Com Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Recruiter.Com Group's Cash Ratio falls into.



Recruiter.Com Group Cash Ratio Calculation

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

Recruiter.Com Group'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
=1.391/9.557
=0.15

Recruiter.Com Group'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
=1.391/9.557
=0.15

* 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.


Recruiter.Com Group  (NAS:RCRT) 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.


Recruiter.Com Group Cash Ratio Related Terms

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Recruiter.Com Group (Recruiter.Com Group) Business Description

Traded in Other Exchanges
N/A
Address
500 Seventh Avenue, New York, NY, USA, 10018
Recruiter.Com Group Inc is a hiring platform for the network of recruiters. The company empowers businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. The Recruiter.com network of over 28,000 small and independent recruiters utilize a web platform, complete with AI-driven job matching, to recruit talent faster. Its Recruiters On Demand provides businesses of all sizes access to virtual recruiters specialized by vertical industries to source, engage, and hire talent on an as-needed basis.
Executives
Douglas Roth director 54 W 40TH STREET, NEW YORK NY 10018
Miles L Jennings director, officer: CEO 4 OAKLAND STREET, BRISTOL CT 06010
Evan Sohn director, officer: Executive Chairman 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Josh Mcbride officer: SVP, AI Solutions 500 SEVENTH AVENUE, NEW YORK NY 10018
Xuan Smith officer: Chief Technology Officer 500 SEVENTH AVENUE, NEW YORK NY 10018
Wallace D Ruiz director
Judy Krandel officer: Chief Financial Officer 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018
Robert H Heath director 1 MARKET STREET, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Stephen Pemberton director 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607
Deborah Leff director 500 SEVENTH AVENUE, NEW YORK NY 10018
Robert Scherne officer: Interim CFO and Controller 27 ARBOR ROAD, SYOSSET NY 11791
Ricky Don Roberts officer: See Remarks 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Ashley Saddul 10 percent owner, officer: Chief Technology Officer 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Tim O'rourke director 344 GROVE STREET #2 #4018, JERSEY CITY NJ 07302
Elliot M Maza 10 percent owner, officer: CEO and CFO C/O IMMUNE PHARMACEUTICALS INC., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142