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Eyes on the Go (Eyes on the Go) Cash Ratio : 0.02 (As of Sep. 2014)


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What is Eyes on the Go 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. Eyes on the Go's Cash Ratio for the quarter that ended in Sep. 2014 was 0.02.

Eyes on the Go has a Cash Ratio of 0.02. 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 Eyes on the Go's Cash Ratio or its related term are showing as below:

AXCG's Cash Ratio is not ranked *
in the Interactive Media industry.
Industry Median: 1.17
* Ranked among companies with meaningful Cash Ratio only.

Eyes on the Go Cash Ratio Historical Data

The historical data trend for Eyes on the Go'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.

Eyes on the Go Cash Ratio Chart

Eyes on the Go Annual Data
Trend Dec11 Dec12 Dec13
Cash Ratio
0.10 - 0.01

Eyes on the Go Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - 0.01 - 0.03 0.02

Competitive Comparison of Eyes on the Go's Cash Ratio

For the Internet Content & Information subindustry, Eyes on the Go'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.


Eyes on the Go's Cash Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Eyes on the Go's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Eyes on the Go's Cash Ratio falls into.



Eyes on the Go Cash Ratio Calculation

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

Eyes on the Go's Cash Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Cash Ratio (A: Dec. 2013 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.037/2.688
=0.01

Eyes on the Go's Cash Ratio for the quarter that ended in Sep. 2014 is calculated as:

Cash Ratio (Q: Sep. 2014 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.12/6.833
=0.02

* 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.


Eyes on the Go  (GREY:AXCG) 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.


Eyes on the Go Cash Ratio Related Terms

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Eyes on the Go (Eyes on the Go) Business Description

Traded in Other Exchanges
N/A
Address
40 Fulton Street, 24th Floor, New York, NY, USA, 100389
Eyes on the Go Inc is engaged in designing, implementing, and providing services related to the remote monitoring of businesses and other facilities. The company provides online streaming videos and audio images from bars, restaurants, performance spaces, and clubs to consumers through a website called gander.tv.

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