Federal Screw Works (Federal Screw Works) Cash Ratio : 0.02 (As of Dec. 2004)

Federal Screw Works Cash Ratio Chart

Federal Screw Works Annual Data
	Trend	Jun95	Jun96	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04
Cash Ratio		Get a 7-Day Free Trial					0.09	0.01	0.01	0.04	0.01

Federal Screw Works Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
Cash Ratio	Get a 7-Day Free Trial															0.03	0.01	0.01	0.01	0.02

Competitive Comparison of Federal Screw Works's Cash Ratio

For the Tools & Accessories subindustry, Federal Screw Works'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.

Federal Screw Works's Cash Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Federal Screw Works's Cash Ratio falls into.

Federal Screw Works Cash Ratio Calculation

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

Federal Screw Works's Cash Ratio for the fiscal year that ended in Jun. 2004 is calculated as:

Federal Screw Works's Cash Ratio for the quarter that ended in Dec. 2004 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.

Federal Screw Works  (OTCPK:FSCR) 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.

Federal Screw Works Cash Ratio Related Terms

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

Federal Screw Works (Federal Screw Works) Business Description