
Investor-One
2021-09-07 12:00:00
5 Companies with Current & Cash Ratio above 1 Time for the Past 3 Years
Both Current & Cash ratio are financial metrics that measures the overall financial health and liquidity of the individual company. Current Ratio measures the company's short-term liquidity, that is, its ability to meet its short-term financial obligations as and when they fall due within the year with assets which are readily convertible into cash. Meanwhile, Cash Ratio considers only the most liquid short-term assets - cash and investments readily convertible into cash - in measuring the company’s capacity to meet its short-term obligations as and when they fall due. In this article, we will be looking at 5 companies that has cash & current ratio above 1 Time for the past 3 years: HRnetGroup Limited (SGX: CHZ) Challenger Technologies Limited (SGX: 573) Jumbo Group Limited (SGX: 42R) Samu