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Powersafe Technology (Powersafe Technology) Cash Ratio : 0.00 (As of Dec. 2008)


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What is Powersafe Technology 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. Powersafe Technology's Cash Ratio for the quarter that ended in Dec. 2008 was 0.00.

Powersafe Technology 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 Powersafe Technology's Cash Ratio or its related term are showing as below:

PSFT's Cash Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 1.06
* Ranked among companies with meaningful Cash Ratio only.

Powersafe Technology Cash Ratio Historical Data

The historical data trend for Powersafe Technology'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.

Powersafe Technology Cash Ratio Chart

Powersafe Technology Annual Data
Trend Dec07 Dec08
Cash Ratio
0.43 -

Powersafe Technology Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Cash Ratio Get a 7-Day Free Trial 0.43 - - - -

Competitive Comparison of Powersafe Technology's Cash Ratio

For the Semiconductors subindustry, Powersafe Technology'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.


Powersafe Technology's Cash Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Powersafe Technology's Cash Ratio distribution charts can be found below:

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



Powersafe Technology Cash Ratio Calculation

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

Powersafe Technology's Cash Ratio for the fiscal year that ended in Dec. 2008 is calculated as:

Powersafe Technology's Cash Ratio for the quarter that ended in Dec. 2008 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.


Powersafe Technology  (OTCPK:PSFT) 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.


Powersafe Technology Cash Ratio Related Terms

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Powersafe Technology (Powersafe Technology) Business Description

Traded in Other Exchanges
N/A
Address
3412 Progress Drive, Bensalem, PA, USA, 19020
Powersafe Technology Corp develops a new semiconductor detection technology for extremely high sensitivity electronic and photonic detection. The company uses an application such as Laser Range Finding (LRF), Night vision, Imaging systems and NIR cameras, Security systems, PET Scanners, Medical imaging, Fluorescence Detection, High energy physics, Hyper-spectral spectroscopy, Spectroscopy, and Biological Sensors. It offers services to industries such as medical diagnostics, drug development, scientific instrumentation, and homeland security.

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