Promithian Global Ventures (Promithian Global Ventures) Cash-to-Debt : N/A (As of Dec. 2009)

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What is Promithian Global Ventures Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Promithian Global Ventures's cash to debt ratio for the quarter that ended in Dec. 2009 was N/A.

The historical rank and industry rank for Promithian Global Ventures's Cash-to-Debt or its related term are showing as below:

PGVI's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.62
* Ranked among companies with meaningful Cash-to-Debt only.

Promithian Global Ventures Cash-to-Debt Historical Data

The historical data trend for Promithian Global Ventures's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Promithian Global Ventures Cash-to-Debt Chart

Promithian Global Ventures Annual Data

Trend

Mar09

Cash-to-Debt

13.75

Promithian Global Ventures Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09
Cash-to-Debt	Get a 7-Day Free Trial			18.50	13.75	5.75	N/A	N/A

Competitive Comparison of Promithian Global Ventures's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Promithian Global Ventures's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Promithian Global Ventures's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Promithian Global Ventures's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Promithian Global Ventures's Cash-to-Debt falls into.

Promithian Global Ventures Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Promithian Global Ventures's Cash to Debt Ratio for the fiscal year that ended in Mar. 2009 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.055	/	(0.004	+	0)
	=	13.75

Promithian Global Ventures's Cash to Debt Ratio for the quarter that ended in Dec. 2009 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Promithian Global Ventures (OTCPK:PGVI) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Promithian Global Ventures Cash-to-Debt Related Terms

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Promithian Global Ventures (Promithian Global Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Promithian Global Ventures Inc (OTCPK:PGVI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

406 E. 300 S., Suite 149, Salt Lake City, UT, USA, 84111

Website

https://www.promithianglobalventures.com

Promithian Global Ventures Inc is a precious metals exploration, development, mining, and refining company. The company focuses on gold and silver assets in Nevada, USA, and Yukon, Canada. the company is currently having its aboso project going on where the focus is on gold mining and refining in different areas.

Promithian Global Ventures (Promithian Global Ventures) Headlines

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