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Rightscorp (Rightscorp) Cash Ratio : 0.00 (As of Sep. 2017)


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What is Rightscorp 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. Rightscorp's Cash Ratio for the quarter that ended in Sep. 2017 was 0.00.

Rightscorp 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 Rightscorp's Cash Ratio or its related term are showing as below:

RIHT's Cash Ratio is not ranked *
in the Software industry.
Industry Median: 0.74
* Ranked among companies with meaningful Cash Ratio only.

Rightscorp Cash Ratio Historical Data

The historical data trend for Rightscorp'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.

Rightscorp Cash Ratio Chart

Rightscorp Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Dec14 Dec15 Dec16
Cash Ratio
Get a 7-Day Free Trial - - 0.55 0.07 -

Rightscorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Rightscorp's Cash Ratio

For the Software - Infrastructure subindustry, Rightscorp'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.


Rightscorp's Cash Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Rightscorp's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Rightscorp's Cash Ratio falls into.



Rightscorp Cash Ratio Calculation

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

Rightscorp's Cash Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Cash Ratio (A: Dec. 2016 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.005/2.216
=0.00

Rightscorp's Cash Ratio for the quarter that ended in Sep. 2017 is calculated as:

Cash Ratio (Q: Sep. 2017 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.003/2.426
=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.


Rightscorp  (OTCPK:RIHT) 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.


Rightscorp Cash Ratio Related Terms

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Rightscorp (Rightscorp) Business Description

Traded in Other Exchanges
N/A
Address
3100 Donald Douglas Loop North, Santa Monica, CA, USA, 90405
Rightscorp Inc is a technology company and has a patent-pending, proprietary method for collecting payments from illegal downloaders of copyrighted content via notifications sent to their internet service providers (ISPs).
Executives
Cecil Bond Kyte director, officer: CEO, CFO 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601

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