GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Infrax Systems Inc (OTCPK:IFXY) » Definitions » Cash Ratio

Infrax Systems (Infrax Systems) Cash Ratio : 0.00 (As of Jun. 2017)


View and export this data going back to 2008. Start your Free Trial

What is Infrax Systems 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. Infrax Systems's Cash Ratio for the quarter that ended in Jun. 2017 was 0.00.

Infrax Systems 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 Infrax Systems's Cash Ratio or its related term are showing as below:

IFXY's Cash Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 0.93
* Ranked among companies with meaningful Cash Ratio only.

Infrax Systems Cash Ratio Historical Data

The historical data trend for Infrax Systems'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.

Infrax Systems Cash Ratio Chart

Infrax Systems Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Infrax Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 Infrax Systems's Cash Ratio

For the Capital Markets subindustry, Infrax Systems'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.


Infrax Systems's Cash Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Infrax Systems's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Infrax Systems's Cash Ratio falls into.



Infrax Systems Cash Ratio Calculation

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

Infrax Systems's Cash Ratio for the fiscal year that ended in Jun. 2017 is calculated as:

Infrax Systems's Cash Ratio for the quarter that ended in Jun. 2017 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.


Infrax Systems  (OTCPK:IFXY) 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.


Infrax Systems Cash Ratio Related Terms

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


Infrax Systems (Infrax Systems) Business Description

Traded in Other Exchanges
N/A
Address
9595 Six Pines Dr Unit 8, FL 2, Spring, Houston, TX, USA, 77380
Infrax Systems Inc is a United states based company. The company's strategy is to develop and implement effective solutions that cater to the specific needs of this demographic sector. The company caters to the specific needs of the Latin American demographic sector. It strive to address the various challenges faced by these immigrants, such as nostalgic products and the distribution of familiar foods from their home countries, easy access to legal services, insurance solutions, non-traditional remittances management, peer-to-peer financing, and other technology-driven solutions.

Infrax Systems (Infrax Systems) Headlines