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Viper Networks (Viper Networks) Cash Ratio : 0.01 (As of Sep. 2006)


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What is Viper Networks 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. Viper Networks's Cash Ratio for the quarter that ended in Sep. 2006 was 0.01.

Viper Networks has a Cash Ratio of 0.01. 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 Viper Networks's Cash Ratio or its related term are showing as below:

VPER's Cash Ratio is not ranked *
in the Hardware industry.
Industry Median: 0.66
* Ranked among companies with meaningful Cash Ratio only.

Viper Networks Cash Ratio Historical Data

The historical data trend for Viper Networks'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.

Viper Networks Cash Ratio Chart

Viper Networks Annual Data
Trend Dec01 Dec03 Dec04 Dec05
Cash Ratio
- 0.32 0.04 0.03

Viper Networks Quarterly Data
Dec01 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 0.01 0.03 0.43 0.08 0.01

Competitive Comparison of Viper Networks's Cash Ratio

For the Electronic Components subindustry, Viper Networks'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.


Viper Networks's Cash Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viper Networks's Cash Ratio distribution charts can be found below:

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



Viper Networks Cash Ratio Calculation

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

Viper Networks's Cash Ratio for the fiscal year that ended in Dec. 2005 is calculated as:

Cash Ratio (A: Dec. 2005 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.037/1.472
=0.03

Viper Networks's Cash Ratio for the quarter that ended in Sep. 2006 is calculated as:

Cash Ratio (Q: Sep. 2006 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.007/1.1
=0.01

* 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.


Viper Networks  (OTCPK:VPER) 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.


Viper Networks Cash Ratio Related Terms

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Viper Networks (Viper Networks) Business Description

Traded in Other Exchanges
N/A
Address
200 East Big Beaver Road, Troy, MI, USA, 48083
Viper Networks Inc is an Indian-based company that operates in LED lighting products. It is primarily involved in the manufacturing and distribution of LED lighting to provide superior turnkey LED lighting solutions for metropolitan areas (streets and highways), parking lots, and warehousing facilities anywhere. Further, it also offers intelligent lighting solutions with cameras, sensors, and wireless technologies. The company is also into providing telecom engineering services in the U.S., Middle East, and Northern Africa.
Executives
Jason Sunstein director, officer: Vice President - Finance 350 10TH AVE., SUITE 1000, SAN DIEGO CA 92101

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