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Greenchek Technology (Greenchek Technology) Cash Ratio : 0.00 (As of Nov. 2010)


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What is Greenchek Technology 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. Greenchek Technology's Cash Ratio for the quarter that ended in Nov. 2010 was 0.00.

Greenchek Technology 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 Greenchek Technology's Cash Ratio or its related term are showing as below:

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

Greenchek Technology Cash Ratio Historical Data

The historical data trend for Greenchek Technology'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.

Greenchek Technology Cash Ratio Chart

Greenchek Technology Annual Data
Trend Feb07 Feb08 Feb09 Feb10
Cash Ratio
2.50 0.08 - -

Greenchek Technology Quarterly Data
May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10
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 - - - - -

Competitive Comparison of Greenchek Technology's Cash Ratio

For the Pollution & Treatment Controls subindustry, Greenchek Technology'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.


Greenchek Technology's Cash Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Greenchek Technology's Cash Ratio falls into.



Greenchek Technology Cash Ratio Calculation

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

Greenchek Technology's Cash Ratio for the fiscal year that ended in Feb. 2010 is calculated as:

Cash Ratio (A: Feb. 2010 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.002/2.907
=0.00

Greenchek Technology's Cash Ratio for the quarter that ended in Nov. 2010 is calculated as:

* 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.


Greenchek Technology  (OTCPK:GCHK) 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.


Greenchek Technology Cash Ratio Related Terms

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Greenchek Technology (Greenchek Technology) Business Description

Traded in Other Exchanges
N/A
Address
7901 4th St. N, Suite 6394, Saint Petersburg, FL, USA, 33702
Greenchek Technology Inc is engaged in manufacturing, marketing, and distributing of products designed to reduce gas emissions by motor vehicles through the use of hydrogen technology. The company's product ERD provides Emission Reduction and Fuel enhancement Technology. It serves Heavy Goods Vehicles; Locomotives; Buses; Automobiles and Generators markets. The company's segment includes Hydrogen energy for emission reduction and Hydrogen energy based Cryptocurrency self mining.

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