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MobileSmith (MobileSmith) Cash Ratio : 0.54 (As of Jun. 2022)


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What is MobileSmith 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. MobileSmith's Cash Ratio for the quarter that ended in Jun. 2022 was 0.54.

MobileSmith has a Cash Ratio of 0.54. 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 MobileSmith's Cash Ratio or its related term are showing as below:

MOSTQ's Cash Ratio is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.51
* Ranked among companies with meaningful Cash Ratio only.

MobileSmith Cash Ratio Historical Data

The historical data trend for MobileSmith'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.

MobileSmith Cash Ratio Chart

MobileSmith Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 - 0.09 0.06

MobileSmith Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.13 0.13 0.06 0.13 0.54

Competitive Comparison of MobileSmith's Cash Ratio

For the Health Information Services subindustry, MobileSmith'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.


MobileSmith's Cash Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MobileSmith's Cash Ratio distribution charts can be found below:

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



MobileSmith Cash Ratio Calculation

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

MobileSmith's Cash Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Cash Ratio (A: Dec. 2021 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.373/5.872
=0.06

MobileSmith's Cash Ratio for the quarter that ended in Jun. 2022 is calculated as:

Cash Ratio (Q: Jun. 2022 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.472/0.867
=0.54

* 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.


MobileSmith  (OTCPK:MOSTQ) 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.


MobileSmith Cash Ratio Related Terms

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MobileSmith (MobileSmith) Business Description

Traded in Other Exchanges
N/A
Address
5400 Trinity Road, Suite 208, Raleigh, NC, USA, 27607
MobileSmith Inc is a developer of software applications for the healthcare industry. Its software products include a cloud-based collection of applications that run on its architected healthcare technology ecosystem. The architecture is designed to improve experience of healthcare patients and consumers, who are often at the same time members of various medical insurance networks; optimize delivery of healthcare and relationship between members and insurance networks; and increase adoption, utilization and intelligence of EMRs (electronic medical records), extend EMR's usability to patients and consumers of healthcare. It derives revenue from contracts for subscription to the suite of e-health mobile solutions and, ancillary services provided in connection with subscription services.
Executives
Christopher John Caramanico director, officer: Chief Executive Officer 2122 KIPAWA ST., RALEIGH NC 27607
Elchanan Epstein director 59 ABBEY WOODS LN, DALLAS TX 75248-7900
Jerry Lepore director 2660 CROOKED STICK LN, MT PLEASANT SC 29466
Robert L Smith director PARACELSUS HEALTHCARE CORP, 515 W GREENS ROAD SUITE 500, HOUSTON TX 77067
Raymond C Hemmig director 2701 E. PLANO PKWY, #200, PLANO TX 75074
Randy Tomlin director 6800 GREENHILL CT., PARKER TX 75002
Bob Dieterle officer: Chief Operating Officer C/O MOBILESMITH, INC., 5400 TRINITY RD., SUITE 208, RALEIGH NC 27607
Jon Campbell director C/O SMART ONLINE, INC., 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703
Gleb Mikhailov officer: Chief Financial Officer C/O SMART ONLINE, INC., 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703
Ronen Shviki director 5 HAMEIRI STREET, RAMAT GAN L3 52651
Avy Lugassy 10 percent owner 126 CHEMIN DES HAUTS CRETS, 1253, VANDOEUVRES, GENEVA V8 00000
Brinson Robert Maddox Jr. director 29 DOVER DR SE, ROME GA 30161
Amir Elbaz director 5115 CAMPUS DRIVE, PLYMOUTH MEETING PA 19462
Thaddeus J Shalek officer: Interim CFO 14679 CANOPY DRIVE, TAMPA FL 33626
Roberta B Hardy director 4505 EMPEROR BLVD., SUITE 320, DURHAM NC 27703