Grupo TelevisaB has a Cash Ratio of 0.92. 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 Grupo TelevisaB's Cash Ratio or its related term are showing as below:
TV'
s Cash Ratio Range Over the Past 10 Years
Min: 0.46 Med: 0.83 Max: 1.49
Current: 0.92
During the past 13 years, Grupo TelevisaB's highest Cash Ratio was 1.49. The lowest was 0.46. And the median was 0.83.
TV's Cash Ratio is ranked better than 78.66% of 389
companies
in the Telecommunication Services industry
Industry Median: 0.32
vs TV: 0.92
Grupo TelevisaB Cash Ratio Historical Data
The historical data trend for Grupo TelevisaB'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.
Competitive Comparison of Grupo TelevisaB's Cash Ratio
For the Telecom Services subindustry, Grupo TelevisaB'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.
Grupo TelevisaB's Cash Ratio Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Grupo TelevisaB's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Grupo TelevisaB's Cash Ratio falls into.
Grupo TelevisaB Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Grupo TelevisaB's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Grupo TelevisaB (NYSE:TV) 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.
Grupo TelevisaB Cash Ratio Related Terms
Thank you for viewing the detailed overview of Grupo TelevisaB's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Grupo TelevisaB (Grupo TelevisaB) Business Description
Grupo Televisa is one of the leading telecommunication firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with more than 4 million customers. Televisa holds a majority stake in Sky Mexico, the country's only satellite-TV provider, serving about 6 million customers. Televisa holds interests in several smaller businesses, including terrestrial radio, magazine publishing, Mexico bingo parlors, and three of Mexico's professional soccer teams. It plans to spin these businesses off in the near future. After merging its traditional media business into Univision, Televisa owns a 45% stake in combined entity TelevisaUnivision.
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