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Zurvita Holdings (Zurvita Holdings) Cash Ratio : 0.12 (As of Jan. 2013)


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What is Zurvita Holdings 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. Zurvita Holdings's Cash Ratio for the quarter that ended in Jan. 2013 was 0.12.

Zurvita Holdings has a Cash Ratio of 0.12. 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 Zurvita Holdings's Cash Ratio or its related term are showing as below:

ZRVT's Cash Ratio is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.38
* Ranked among companies with meaningful Cash Ratio only.

Zurvita Holdings Cash Ratio Historical Data

The historical data trend for Zurvita Holdings'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.

Zurvita Holdings Cash Ratio Chart

Zurvita Holdings Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Cash Ratio
Get a 7-Day Free Trial 7.00 0.59 0.38 0.02 0.11

Zurvita Holdings Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
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 0.43 0.01 0.11 0.20 0.12

Competitive Comparison of Zurvita Holdings's Cash Ratio

For the Household & Personal Products subindustry, Zurvita Holdings'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.


Zurvita Holdings's Cash Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zurvita Holdings's Cash Ratio distribution charts can be found below:

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



Zurvita Holdings Cash Ratio Calculation

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

Zurvita Holdings's Cash Ratio for the fiscal year that ended in Jul. 2012 is calculated as:

Cash Ratio (A: Jul. 2012 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.239/2.207
=0.11

Zurvita Holdings's Cash Ratio for the quarter that ended in Jan. 2013 is calculated as:

Cash Ratio (Q: Jan. 2013 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.384/3.206
=0.12

* 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.


Zurvita Holdings  (OTCPK:ZRVT) 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.


Zurvita Holdings Cash Ratio Related Terms

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Zurvita Holdings (Zurvita Holdings) Business Description

Traded in Other Exchanges
N/A
Address
800 Gessner Road, Houston, TX, USA, 77024
Zurvita Holdings Inc is a Delaware Corporation. The company is a provider of products and benefits through the use of a multi-level marketing distribution channel which consist of independent business operators. The Company's products include health-related membership programs, residential energy rate plans, identity theft and consumer credit services, as well as numerous low cost ancillary products. It also markets numerous low cost ancillary products such as home warranty, legal assistance and restoration services for identity theft and consumer credit.

Zurvita Holdings (Zurvita Holdings) Headlines