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Central Wireless (Central Wireless) Quick Ratio : 0.00 (As of Sep. 2006)


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What is Central Wireless Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Central Wireless's quick ratio for the quarter that ended in Sep. 2006 was 0.00.

Central Wireless has a quick ratio of 0.00. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Central Wireless's Quick Ratio or its related term are showing as below:

CWIR's Quick Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.95
* Ranked among companies with meaningful Quick Ratio only.

Central Wireless Quick Ratio Historical Data

The historical data trend for Central Wireless's Quick 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.

Central Wireless Quick Ratio Chart

Central Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Quick Ratio
Get a 7-Day Free Trial 0.01 0.06 0.37 - -

Central Wireless Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
Quick 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 - - - - -

Competitive Comparison of Central Wireless's Quick Ratio

For the Telecom Services subindustry, Central Wireless's Quick Ratio, along with its competitors' market caps and Quick 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.


Central Wireless's Quick Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Central Wireless's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Central Wireless's Quick Ratio falls into.



Central Wireless Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Central Wireless's Quick Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Quick Ratio (A: Dec. 2005 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/1.897
=0.00

Central Wireless's Quick Ratio for the quarter that ended in Sep. 2006 is calculated as

Quick Ratio (Q: Sep. 2006 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0-0)/2.161
=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.


Central Wireless  (OTCPK:CWIR) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Central Wireless Quick Ratio Related Terms

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Central Wireless (Central Wireless) Business Description

Traded in Other Exchanges
N/A
Address
123 15th Street South West, Albuquerque, NM, USA
Website
Central Wireless Inc is a development company.

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