SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'cash_ratio' LBTYK (Liberty Global) Cash Ratio
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Liberty Global Ltd (NAS:LBTYK) » Definitions » Cash Ratio

Liberty Global (Liberty Global) Cash Ratio

: 0.79 (As of Dec. 2023)
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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. Liberty Global's Cash Ratio for the quarter that ended in Dec. 2023 was 0.79.

Liberty Global has a Cash Ratio of 0.79. 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 Liberty Global's Cash Ratio or its related term are showing as below:

LBTYK' s Cash Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.41   Max: 1.11
Current: 0.79

During the past 13 years, Liberty Global's highest Cash Ratio was 1.11. The lowest was 0.08. And the median was 0.41.

LBTYK's Cash Ratio is ranked better than
75.77% of 388 companies
in the Telecommunication Services industry
Industry Median: 0.32 vs LBTYK: 0.79

Liberty Global Cash Ratio Historical Data

The historical data trend for Liberty Global'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] => 0.94 [6] => 0.65 [7] => 0.78 [8] => 1.11 [9] => 0.79 )
Liberty Global 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 0.94 0.65 0.78 1.11 0.79

Liberty Global 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 1.11 0.98 0.90 0.88 0.79
Competitive Comparison

For the Telecom Services subindustry, Liberty Global'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.

Liberty Global Cash Ratio Distribution

For the Telecommunication Services industry and Communication Services sector, Liberty Global's Cash Ratio distribution charts can be found below:

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


Liberty Global Cash Ratio Calculation

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

Liberty Global'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
=3406.4/4332.8
=0.79

Liberty Global'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
=3406.4/4332.8
=0.79

* 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.

Liberty Global  (NAS:LBTYK) 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.

Liberty Global Cash Ratio Related Terms

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

Liberty Global (Liberty Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Liberty Global Ltd (NAS:LBTYK) » Definitions » Cash Ratio
Comparable Companies
FYBR LBRDA TIGO IRDM CCOI USM GSAT CABO TDS LUMN TMUS SHSE:600941 VZ CMCSA T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9984 HKSE:00728
Traded in Other Exchanges
LBTYB:USA LBTYA:USA 3O40:Germany 3O40:Germany
Address
161 Hammersmith Road, Griffin House, London, GBR, W6 8BS
Website
https://www.libertyglobal.com
Liberty Global is a holding company with interests in several telecom companies in the U.K., Netherlands, Belgium, Switzerland, Ireland, and Slovakia. Liberty is the owner of the main cable network in each of these geographies and has pursued a strategy since 2016 to merge or partner with mobile-network-operators to be able to offer converged services. Liberty also owns minority stakes in other media, entertainment, and cloud companies.
Executives
Anthony G Werner director 161 HAMMERSMITH ROAD, LONDON X0 X0
Marisa D Drew director 161 HAMMERSMITH ROAD, LONDON X0 XO
Daniel E. Sanchez director C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Andrea Salvato officer: SVP, CHIEF DEVELOPMENT OFFICER 161 HAMMERSMITH ROAD, LONDON X0 W6 8BS
Enrique Rodriguez officer: EVP, Chief Technology Officer C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
John C Malone director, 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Jason Waldron officer: SVP & CAO 1550 WEWATTA STREET STE 1000, DENVER CO 80202
Richard R Green director 1550 WEWATTA STREET, STE 1000, DENVER CO 80202
Michael T Fries director, officer: President & CEO C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
Bracken Charles H R officer: EVP & Co-CFO 161 HAMMERSMITH ROAD, LONDON ENGLAND X0 W6 8BS
Bryan H Hall officer: EVP, Gen Counsel & Secretary C/O LIBERTY GLOBAL, INC., 1550 WEWATTA STREET STE 1000, DENVER CO 80202
Larry E Romrell director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Paul A Gould director 711 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10022