GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sentry Technology Corp (OTCPK:SKVY) » Definitions » Cash Ratio

Sentry Technology (Sentry Technology) Cash Ratio : 0.04 (As of Jun. 2011)


View and export this data going back to 1997. Start your Free Trial

What is Sentry 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. Sentry Technology's Cash Ratio for the quarter that ended in Jun. 2011 was 0.04.

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

SKVY's Cash Ratio is not ranked *
in the Business Services industry.
Industry Median: 0.57
* Ranked among companies with meaningful Cash Ratio only.

Sentry Technology Cash Ratio Historical Data

The historical data trend for Sentry 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.

Sentry Technology Cash Ratio Chart

Sentry Technology Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.05 0.12 0.06 0.05

Sentry Technology Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 0.07 0.04 0.05 0.04 0.04

Competitive Comparison of Sentry Technology's Cash Ratio

For the Security & Protection Services subindustry, Sentry 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.


Sentry Technology's Cash Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sentry Technology's Cash Ratio distribution charts can be found below:

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



Sentry 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.

Sentry Technology's Cash Ratio for the fiscal year that ended in Dec. 2010 is calculated as:

Cash Ratio (A: Dec. 2010 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.444/8.92
=0.05

Sentry Technology's Cash Ratio for the quarter that ended in Jun. 2011 is calculated as:

Cash Ratio (Q: Jun. 2011 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.33/9.197
=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.


Sentry Technology  (OTCPK:SKVY) 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.


Sentry Technology Cash Ratio Related Terms

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


Sentry Technology (Sentry Technology) Business Description

Traded in Other Exchanges
N/A
Address
1881 Lakeland Avenue, Ronkonkoma, NY, USA, 11779
Sentry Technology Corp through its subsidiaries is engaged in designing, manufacturing, selling and installing a complete line of video surveillance systems, Robotic CCTV systems, Electro-Magnetic and Radio Frequency Identification based library management systems, as well as radio frequency and EM electronic article surveillance systems. The company also manufactures travelling, robotic CCTV systems servicing customers in North and South America, Africa and Australia.

Sentry Technology (Sentry Technology) Headlines

No Headlines