Wireless Xcessories Group (Wireless Xcessories Group) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2007)

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What is Wireless Xcessories Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Wireless Xcessories Group's cash to debt ratio for the quarter that ended in Dec. 2007 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Wireless Xcessories Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2007.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Wireless Xcessories Group's Cash-to-Debt or its related term are showing as below:

WIRX's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.35
* Ranked among companies with meaningful Cash-to-Debt only.

Wireless Xcessories Group Cash-to-Debt Historical Data

The historical data trend for Wireless Xcessories Group's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Wireless Xcessories Group Cash-to-Debt Chart

Wireless Xcessories Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Cash-to-Debt

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219.50

953.50

No Debt

Wireless Xcessories Group Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Wireless Xcessories Group's Cash-to-Debt

For the Communication Equipment subindustry, Wireless Xcessories Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Wireless Xcessories Group's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wireless Xcessories Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wireless Xcessories Group's Cash-to-Debt falls into.

Wireless Xcessories Group Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Wireless Xcessories Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2007 is calculated as:

Wireless Xcessories Group had no debt ⁽¹⁾.

Wireless Xcessories Group's Cash to Debt Ratio for the quarter that ended in Dec. 2007 is calculated as:

Wireless Xcessories Group had no debt ⁽¹⁾.

Wireless Xcessories Group (OTCPK:WIRX) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Wireless Xcessories Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Wireless Xcessories Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Wireless Xcessories Group (Wireless Xcessories Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wireless Xcessories Group Inc (OTCPK:WIRX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1840 County Line Road, Suite 212, Huntingdon Valley, PA, USA, 19006

Website

http://www.wirexgroup.com

Wireless Xcessories Group Inc is a supplier of accessories for wireless products, Bluetooth products, OEM products and pouches across the US and worldwide. Its typical customer is a multi-location dealer, master agent, franchiser, or distributor, located in Canada and the Caribbean. Its product line consists of more than 5,000 items covering over 200 different handsets. It sources, designs, creates and markets more than 30 category items.

Executives

Brazdley T Macdonald

director

3316 SERENITY WAY, OWINGS MILLS MD 21117

Wireless Xcessories Group (Wireless Xcessories Group) Headlines

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Wireless Xcessories Group (Wireless Xcessories Group) Cash-to-Debt : No Debt (1) (As of Dec. 2007)