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Ecologix Resource Group (Ecologix Resource Group) Cash Ratio : 0.00 (As of Sep. 2010)


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What is Ecologix Resource Group Cash Ratio?

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. Ecologix Resource Group's Cash Ratio for the quarter that ended in Sep. 2010 was 0.00.

Ecologix Resource Group has a Cash Ratio of 0.00. 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 Ecologix Resource Group's Cash Ratio or its related term are showing as below:

EXRG's Cash Ratio is not ranked *
in the Forest Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Cash Ratio only.

Ecologix Resource Group Cash Ratio Historical Data

The historical data trend for Ecologix Resource Group'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.

Ecologix Resource Group Cash Ratio Chart

Ecologix Resource Group Annual Data
Trend Dec07 Dec08 Dec09
Cash Ratio
- 0.02 -

Ecologix Resource Group Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.01 - -

Competitive Comparison of Ecologix Resource Group's Cash Ratio

For the Lumber & Wood Production subindustry, Ecologix Resource Group'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.


Ecologix Resource Group's Cash Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ecologix Resource Group's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Ecologix Resource Group's Cash Ratio falls into.



Ecologix Resource Group Cash Ratio Calculation

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

Ecologix Resource Group's Cash Ratio for the fiscal year that ended in Dec. 2009 is calculated as:

Cash Ratio (A: Dec. 2009 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.01/5.014
=0.00

Ecologix Resource Group's Cash Ratio for the quarter that ended in Sep. 2010 is calculated as:

Cash Ratio (Q: Sep. 2010 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.026/11.341
=0.00

* 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.


Ecologix Resource Group  (OTCPK:EXRG) 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.


Ecologix Resource Group Cash Ratio Related Terms

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Ecologix Resource Group (Ecologix Resource Group) Business Description

Traded in Other Exchanges
N/A
Address
9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212
Website
Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

Ecologix Resource Group (Ecologix Resource Group) Headlines

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