Voip-Pal.com (Voip-Pal.com) Cash Ratio : 39.83 (As of Dec. 2023)

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What is Voip-Pal.com 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. Voip-Pal.com's Cash Ratio for the quarter that ended in Dec. 2023 was 39.83.

Voip-Pal.com has a Cash Ratio of 39.83. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Voip-Pal.com's Cash Ratio or its related term are showing as below:

VPLM' s Cash Ratio Range Over the Past 10 Years
Min: 0.04 Med: 1.15 Max: 60.69
Current: 39.83

During the past 9 years, Voip-Pal.com's highest Cash Ratio was 60.69. The lowest was 0.04. And the median was 1.15.

VPLM's Cash Ratio is ranked better than
99.48% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.31 vs VPLM: 39.83

Voip-Pal.com Cash Ratio Historical Data

The historical data trend for Voip-Pal.com'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.

Voip-Pal.com Cash Ratio Chart

Voip-Pal.com Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash Ratio

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1.15

0.24

0.97

1.92

35.77

Voip-Pal.com Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Ratio	Get a 7-Day Free Trial															0.07	4.20	11.87	35.77	39.83

Competitive Comparison of Voip-Pal.com's Cash Ratio

For the Telecom Services subindustry, Voip-Pal.com'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.

Voip-Pal.com's Cash Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Voip-Pal.com's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Voip-Pal.com's Cash Ratio falls into.

Voip-Pal.com Cash Ratio Calculation

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

Voip-Pal.com's Cash Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Cash Ratio (A: Sep. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	2.218	/	0.062
	=	35.77

Voip-Pal.com's Cash Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash Ratio (Q: Dec. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	1.912	/	0.048
	=	39.83

Voip-Pal.com (OTCPK:VPLM) 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.

Voip-Pal.com Cash Ratio Related Terms

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Voip-Pal.com (Voip-Pal.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Voip-Pal.com Inc (OTCPK:VPLM) » Definitions » Cash Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

7215 Bosque Boulevard, Suite 102, Waco, TX, USA, 76710-4020

Website

https://www.voip-pal.com

Voip-Pal.com Inc is a us-based development stage company. It operates in one reportable segment being the acquisition and development of VoIP-related intellectual property including patents and technology. The company provides a proprietary transactional billing platform to serve the points and air mile business, and a provider of anti-virus applications for smartphones.

Executives

Dennis Chang	officer: PRESIDENT	117 E LOUISA STREET, SEATTLE WA 98102
Barbara Baggio	other: WIFE OF CEO	3702 1211 MELVILLE ST, VANCOUVER A1 V6E0A7
Kevin Bryan Williams	director, officer: CFO	3933 CLAYTON ROAD WEST, FORT WORTH TX 76116
Howard Clifton Saylor	director	801 WINCREST PLACE, GREAT FALLS VA 22066-2736
Magdi Emil Malak	director, 10 percent owner, officer: CEO	773 HORNBY STREET, VANCOUVER A1 V6Z1S4
Donald Barry Lee	other: CFO	283-1755 ROBSON STREET, VANCOUVER A1 V6G3B7
Ryan Leroy Thomas	director	2740 E 1700 N, LAYTON UT 84040
Jin Kuang	officer: CFO	717 GROVER AVENUE, COQUITLAM A1 V3J3C7