GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Central Wireless Inc (OTCPK:CWIR) » Definitions » Cash Ratio

Central Wireless (Central Wireless) Cash Ratio : 0.00 (As of Sep. 2006)


View and export this data going back to . Start your Free Trial

What is Central Wireless 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. Central Wireless's Cash Ratio for the quarter that ended in Sep. 2006 was 0.00.

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

CWIR's Cash Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.31
* Ranked among companies with meaningful Cash Ratio only.

Central Wireless Cash Ratio Historical Data

The historical data trend for Central Wireless'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.

Central Wireless Cash Ratio Chart

Central Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Cash Ratio
Get a 7-Day Free Trial - 0.06 - - -

Central Wireless Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 Central Wireless's Cash Ratio

For the Telecom Services subindustry, Central Wireless'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.


Central Wireless's Cash Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Central Wireless's Cash Ratio distribution charts can be found below:

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



Central Wireless Cash Ratio Calculation

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

Central Wireless's Cash Ratio for the fiscal year that ended in Dec. 2005 is calculated as:

Central Wireless's Cash Ratio for the quarter that ended in Sep. 2006 is calculated as:

* 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.


Central Wireless  (OTCPK:CWIR) 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.


Central Wireless Cash Ratio Related Terms

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


Central Wireless (Central Wireless) Business Description

Traded in Other Exchanges
N/A
Address
123 15th Street South West, Albuquerque, NM, USA
Website
Central Wireless Inc is a development company.

Central Wireless (Central Wireless) Headlines

No Headlines