Woodbridge Liquidation Trust has a Cash Ratio of 2.45. 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 Woodbridge Liquidation Trust's Cash Ratio or its related term are showing as below:
WBQNL'
s Cash Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.1 Max: 2.45
Current: 2.45
During the past 3 years, Woodbridge Liquidation Trust's highest Cash Ratio was 2.45. The lowest was 0.72. And the median was 1.10.
WBQNL's Cash Ratio is ranked better than 84.4% of 1051
companies
in the Business Services industry
Industry Median: 0.57
vs WBQNL: 2.45
Woodbridge Liquidation Trust Cash Ratio Historical Data
* 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.
Competitive Comparison of Woodbridge Liquidation Trust's Cash Ratio
For the Specialty Business Services subindustry, Woodbridge Liquidation Trust'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.
Woodbridge Liquidation Trust's Cash Ratio Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Woodbridge Liquidation Trust's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Woodbridge Liquidation Trust's Cash Ratio falls into.
Woodbridge Liquidation Trust Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
* 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.
Woodbridge Liquidation Trust (OTCPK:WBQNL) 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.
Woodbridge Liquidation Trust Cash Ratio Related Terms
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Woodbridge Liquidation Trust (Woodbridge Liquidation Trust) Business Description
Woodbridge Liquidation Trust operates as a trust to prosecute various causes of action acquired by the trust, to litigate and resolve claims filed against the debtors, to pay allowed administrative and priority claims against the debtors (including professional fees), to receive cash from certain sources and, to make distributions to interest holders of cash subject to the retention of various reserves and after the payment of trust expenses and administrative and priority claims.
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