VIPR (VIPV) Cash Ratio: 0.00 (As of Sep. 2010)


What is VIPR Cash Ratio?

VIPR VIPV -96.67% Cash Ratio is 0.00 as of Sep. 2010.

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. VIPR's Cash Ratio for the quarter that ended in Sep. 2010 was 0.00.

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

VIPV's Cash Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 0.56
* Ranked among companies with meaningful Cash Ratio only.

VIPR  (OTCPK:VIPV) 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.

VIPR Cash Ratio Related Terms

VIPR Cash Ratio Historical Data

* Premium members only.

The historical data trend for VIPR'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.

VIPR Cash Ratio Chart

VIPR Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cash Ratio
Get a 7-Day Free Trial 0.01 0.01 0.03 0.01 0.01

VIPR Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 0.09 0.01 0.00 0.00 0.00

VIPV vs LOGX, KNIT: Cash Ratio Comparison

For the Advertising Agencies subindustry, VIPR'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.

VIPR Cash Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VIPR's Cash Ratio distribution charts can be found below:

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


VIPR Cash Ratio Calculation

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

VIPR's Cash Ratio for the fiscal year that ended in Dec. 2009 is calculated as:

Cash Ratio (A: Dec. 2009 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.004/0.661
=0.01

VIPR's Cash Ratio for the quarter that ended in Sep. 2010 is calculated as:

Cash Ratio (Q: Sep. 2010 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0/0.873
=0.00

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 0.00 mean?
VIPR (VIPV) has a Cash Ratio of 0.00 as of Sep. 2010. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on VIPR and its competitors.
Is VIPR's Cash Ratio too high?
VIPR's current Cash Ratio is 0.00.
How does VIPR's Cash Ratio compare to LOGX and KNIT?
VIPR's Cash Ratio of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Cash Ratio is 0.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Media - Diversified company?
The median Cash Ratio among Media - Diversified companies is 0.56, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on VIPR and its competitors. For the Media - Diversified industry, the median Cash Ratio is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIPR's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIPR stock overvalued right now?
VIPR (VIPV) has a current Cash Ratio of 0.00. The current Cash Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For VIPR (VIPV), the current Cash Ratio is 0.00 as of Sep. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VIPR Business Description

Address 5376 Walter Place, Burnaby, BC, CAN, V5G 4K2
VIPR Corp is engaged in the acquisition, development and marketing of businesses and their products for personal consumption, apparel and home use. Its objective is to locate, acquire and develop opportunities within the personal consumption, apparel and home markets.