Stonepath Group (Stonepath Group) Cash-to-Debt : 0.30 (As of Sep. 2006)

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What is Stonepath Group 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. Stonepath Group's cash to debt ratio for the quarter that ended in Sep. 2006 was 0.30.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Stonepath Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2006.

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

SGRZ's Cash-to-Debt is not ranked ^*
in the Transportation industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Stonepath Group Cash-to-Debt Historical Data

The historical data trend for Stonepath Group'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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Stonepath Group Cash-to-Debt Chart

Stonepath Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Cash-to-Debt

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10.67

No Debt

1.70

0.14

0.21

Stonepath Group Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Cash-to-Debt	Get a 7-Day Free Trial															0.21	0.21	0.24	0.26	0.30

Competitive Comparison of Stonepath Group's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Stonepath Group'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.

Stonepath Group's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Stonepath Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Stonepath Group's Cash-to-Debt falls into.

Stonepath Group 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.

Stonepath Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2005 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)
	=	4.601	/	(14.039	+	7.602)
	=	0.21

Stonepath Group's Cash to Debt Ratio for the quarter that ended in Sep. 2006 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)
	=	7.314	/	(20.197	+	4.236)
	=	0.30

Stonepath Group (OTCPK:SGRZ) 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.

Stonepath Group Cash-to-Debt Related Terms

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Stonepath Group (Stonepath Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Stonepath Group Inc (OTCPK:SGRZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2200 Alaskan Way, Suite 200, Seattle, WA, USA, 98121

Website

http://www.stonepath.com

Stonepath Group Inc is a non-asset based third-party logistics provider. The Company is engaged in shipping and transportation, managing all aspects of transit.

Executives

Dennis L Pelino	director
Bohn H Crain	officer: Chief Financial Officer	405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Stephen M Cohen	officer: General Counsel	1604 LOCUST STREET, THIRD FLOOR, PHILADELPHIA PA 19103

Stonepath Group (Stonepath Group) Headlines

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