What is a good cash ratio?
What is a good cash ratio? Aug 3, 2019 A ratio above 1 means that all the current liabilities can be paid with cash and equivalents. A ratio below 1 means that the company needs more than just its cash reserves to pay off its current debt. ... Any ratio above 1 is considered to be a good liquidity measure. ·········· “Be competent, be more skilful than others. Here you will find the answer to all of your questions.” ✋ The purpose of our channel is to create EDUCATIONAL content. That was our intention with this video as well. We would like to give you COMPLETE INFORMATION on the subject, so unfortunately we can also discuss elements that may be hurtful to people.