if higher Cash ratio, does that mean the company is safer

My company (a big tech company)claims that have very high cash reserve at hand and are keeping operation well, I looked at my company’s 10-Q,find out my company has been having quite high and consistent cash ratio (cash /current liablity) about 1.2 in the last several quarters, and I looked at another similar size big tech company and Citi, and find out they are well below 1. Does that mean I can feel good about my company’s outlooks?

It just means they won’t run out of cash as quickly as the other tech companies and Citi.

If they have little to no current liabilities then a high cash ratio might just mean that your company has 12 months to live as long-term debt rolls over into current debt obligations. just look into where LTD needs to be rolled over…