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Enable Ipc (Enable Ipc) Cash Ratio : 0.00 (As of Sep. 2008)


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What is Enable Ipc 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. Enable Ipc's Cash Ratio for the quarter that ended in Sep. 2008 was 0.00.

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

EIPC's Cash Ratio is not ranked *
in the Industrial Products industry.
Industry Median: 0.54
* Ranked among companies with meaningful Cash Ratio only.

Enable Ipc Cash Ratio Historical Data

The historical data trend for Enable Ipc'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.

Enable Ipc Cash Ratio Chart

Enable Ipc Annual Data
Trend Mar05 Mar06 Mar07 Mar08
Cash Ratio
1.08 - 0.04 0.06

Enable Ipc Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 0.07 - 0.06 - -

Competitive Comparison of Enable Ipc's Cash Ratio

For the Electrical Equipment & Parts subindustry, Enable Ipc'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.


Enable Ipc's Cash Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enable Ipc's Cash Ratio distribution charts can be found below:

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



Enable Ipc Cash Ratio Calculation

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

Enable Ipc's Cash Ratio for the fiscal year that ended in Mar. 2008 is calculated as:

Cash Ratio (A: Mar. 2008 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.04/0.702
=0.06

Enable Ipc's Cash Ratio for the quarter that ended in Sep. 2008 is calculated as:

Cash Ratio (Q: Sep. 2008 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.002/0.762
=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.


Enable Ipc  (OTCPK:EIPC) 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.


Enable Ipc Cash Ratio Related Terms

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Enable Ipc (Enable Ipc) Business Description

Traded in Other Exchanges
N/A
Address
26893 Bouquet Canyon Road, Suite C-110, Saugus, CA, USA, 91350
Enable Ipc Corp. is engaged in the development of new power technologies that combine thin films and nanotechnology. The company's products include potentiostat, galvanostat and impedance anaylzer systems.

Enable Ipc (Enable Ipc) Headlines

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