GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Groupon Inc (NAS:GRPN) » Definitions » Cash Ratio

Groupon (Groupon) Cash Ratio

: 0.38 (As of Dec. 2023)
View and export this data going back to 2011. Start your Free Trial

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. Groupon's Cash Ratio for the quarter that ended in Dec. 2023 was 0.38.

Groupon has a Cash Ratio of 0.38. 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 Groupon's Cash Ratio or its related term are showing as below:

GRPN' s Cash Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.79   Max: 0.91
Current: 0.38

During the past 13 years, Groupon's highest Cash Ratio was 0.91. The lowest was 0.38. And the median was 0.79.

GRPN's Cash Ratio is ranked worse than
74.83% of 584 companies
in the Interactive Media industry
Industry Median: 1.165 vs GRPN: 0.38

Groupon Cash Ratio Historical Data

The historical data trend for Groupon'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.91 [6] => 0.91 [7] => 0.79 [8] => 0.53 [9] => 0.38 )
Groupon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.91 0.79 0.53 0.38

Groupon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.53 0.38 0.32 0.26 0.38

Competitive Comparison

For the Internet Content & Information subindustry, Groupon'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.


Groupon Cash Ratio Distribution

For the Interactive Media industry and Communication Services sector, Groupon's Cash Ratio distribution charts can be found below:

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



Groupon Cash Ratio Calculation

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

Groupon'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
=141.563/369.154
=0.38

Groupon'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
=141.563/369.154
=0.38

* 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.


Groupon  (NAS:GRPN) 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.


Groupon Cash Ratio Related Terms

Thank you for viewing the detailed overview of Groupon's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Groupon (Groupon) Business Description

Traded in Other Exchanges
Address
600 West Chicago Avenue, Suite 400, Chicago, IL, USA, 60654
Groupon acts as the middleman between consumers and merchants, offering a variety of products and services at discounts via its online store. It offers consumers daily deals from local merchants. It generates revenue from the take rate on the vouchers' purchase and/or usage. More than 60% of Groupon's revenue comes from North America.
Executives
Dusan Senkypl other: See Footnote 1 and Remarks JESTRABI 493, OSNICE, JESENICE 2N 252 42
Jason Harinstein director C/O ARK GLOBAL ACQUISITION CORP., 4235 HILLSBORO PIKE, SUITE 300, NASHVILLE TN 37215
Kyle Netzly officer: Interim CAO 600 W CHICAGO AVE, CHICAGO IL 60654
Jiri Ponrt officer: Chief Financial Officer 600 W CHICAGO AVE, CHICAGO IL 60654
Jan Barta other: See Footnote 1 NA BATERIICH 104/35, BREVNOV, PRAGUE 2N 16200
Pale Fire Capital Sicav A.s. 10 percent owner ZATECKA 55/14, JOSEFOV, PRAGUE 2N 110 00
Maple Rock Capital Partners Inc. 10 percent owner 21 ST. CLAIR AVENUE EAST, SUITE 1100, TORONTO A6 M4T 1L9
Xavier Majic 10 percent owner 21 ST. CLAIR AVENUE EAST, SUITE 1100, TORONTO A6 A6 M4T 1L9
Rpd Opportunity Fund Lp 10 percent owner 767 THIRD AVE, 35TH FLOOR, NEW YORK NY 10017
Rpd Fund Management Llc 10 percent owner 767 THIRD AVE, 35TH FLOOR, NEW YORK NY 10017
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Pale Fire Capital Se other: See Footnote 1 and Remarks ZATECKA 55/14, JOSEFOV, PRAGUE 2N 110 00
Kerrie Dvorak officer: Interim CAO 600 W. CHICAGO AVENUE, SUITE 400, CHICAGO IL 60654
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654
Deborah Wahl director 600 WEST CHICAGO AVENUE, SUITE 400, CHICAGO IL 60654

Groupon (Groupon) Headlines