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American Blockchain (American Blockchain) Cash Ratio : 0.04 (As of Dec. 2007)


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What is American Blockchain 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. American Blockchain's Cash Ratio for the quarter that ended in Dec. 2007 was 0.04.

American Blockchain has a Cash Ratio of 0.04. 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 American Blockchain's Cash Ratio or its related term are showing as below:

GVSI's Cash Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.17
* Ranked among companies with meaningful Cash Ratio only.

American Blockchain Cash Ratio Historical Data

The historical data trend for American Blockchain'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.

American Blockchain Cash Ratio Chart

American Blockchain Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06
Cash Ratio
Get a 7-Day Free Trial 0.01 0.10 0.08 0.09 0.03

American Blockchain Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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 0.01 0.02 - - 0.04

Competitive Comparison of American Blockchain's Cash Ratio

For the Shell Companies subindustry, American Blockchain'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.


American Blockchain's Cash Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, American Blockchain's Cash Ratio distribution charts can be found below:

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



American Blockchain Cash Ratio Calculation

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

American Blockchain's Cash Ratio for the fiscal year that ended in Mar. 2006 is calculated as:

Cash Ratio (A: Mar. 2006 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.033/0.963
=0.03

American Blockchain's Cash Ratio for the quarter that ended in Dec. 2007 is calculated as:

Cash Ratio (Q: Dec. 2007 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.036/0.846
=0.04

* 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.


American Blockchain  (OTCPK:GVSI) 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.


American Blockchain Cash Ratio Related Terms

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American Blockchain (American Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Good Vibration Shoes Inc is an opportunistic investor seeking assets in the blockchain industry.

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