Green Innovations (Green Innovations) Cash-to-Debt : 0.01 (As of Dec. 2014)

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What is Green Innovations 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. Green Innovations's cash to debt ratio for the quarter that ended in Dec. 2014 was 0.01.

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, Green Innovations couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2014.

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

GNIN's Cash-to-Debt is not ranked ^*
in the Forest Products industry.
Industry Median: 0.32
* Ranked among companies with meaningful Cash-to-Debt only.

Green Innovations Cash-to-Debt Historical Data

The historical data trend for Green Innovations'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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Green Innovations Cash-to-Debt Chart

Green Innovations Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

Get a 7-Day Free Trial

N/A

No Debt

0.18

0.02

0.01

Green Innovations Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.03	0.03	0.02	0.01

Competitive Comparison of Green Innovations's Cash-to-Debt

For the Paper & Paper Products subindustry, Green Innovations'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.

Green Innovations's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Green Innovations's Cash-to-Debt distribution charts can be found below:

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

Green Innovations 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.

Green Innovations's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 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)
	=	0.049	/	(4.646	+	0)
	=	0.01

Green Innovations's Cash to Debt Ratio for the quarter that ended in Dec. 2014 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)
	=	0.049	/	(4.646	+	0)
	=	0.01

Green Innovations (GREY:GNIN) 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.

Green Innovations Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Green Innovations's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Green Innovations (Green Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Green Innovations Ltd (GREY:GNIN) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

3208 Chiquita Boulevard S., Suite 216, Cape Coral, FL, USA, 331914

Website

http://www.greeninnovationsltd.com

Green Innovations Ltd is involved in the business of importing and exporting, distributing and selling bamboo based household products and other paper products in North America. Its products include bath tissues, paper towels, napkins, facial tissue, baby wipes etc. The company markets and sells its products under brand names such as Sensa, Clearly Herbal, Noov, Avanti, and Sensational.

Green Innovations (Green Innovations) Headlines

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