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Viper Networks (Viper Networks) Current Ratio : 0.48 (As of Sep. 2006)


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What is Viper Networks Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Viper Networks's current ratio for the quarter that ended in Sep. 2006 was 0.48.

Viper Networks has a current ratio of 0.48. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Viper Networks has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Viper Networks's Current Ratio or its related term are showing as below:

VPER's Current Ratio is not ranked *
in the Hardware industry.
Industry Median: 2.02
* Ranked among companies with meaningful Current Ratio only.

Viper Networks Current Ratio Historical Data

The historical data trend for Viper Networks's Current 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 Current Ratio Chart

Viper Networks Annual Data
Trend Dec01 Dec03 Dec04 Dec05
Current Ratio
- 0.51 0.23 0.29

Viper Networks Quarterly Data
Dec01 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
Current 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 0.25 0.29 0.87 0.80 0.48

Competitive Comparison of Viper Networks's Current Ratio

For the Electronic Components subindustry, Viper Networks's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio Distribution in the Hardware Industry

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

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



Viper Networks Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

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

Current Ratio (A: Dec. 2005 )=Total Current Assets (A: Dec. 2005 )/Total Current Liabilities (A: Dec. 2005 )
=0.426/1.472
=0.29

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

Current Ratio (Q: Sep. 2006 )=Total Current Assets (Q: Sep. 2006 )/Total Current Liabilities (Q: Sep. 2006 )
=0.527/1.1
=0.48

* 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) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Viper Networks Current 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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