Avidus Management Group (Avidus Management Group) Cash-to-Debt : 0.00 (As of Sep. 2015)

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What is Avidus Management 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. Avidus Management Group's cash to debt ratio for the quarter that ended in Sep. 2015 was 0.00.

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, Avidus Management Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

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

ASNHF's Cash-to-Debt is not ranked ^*
in the Biotechnology industry.
Industry Median: 6.89
* Ranked among companies with meaningful Cash-to-Debt only.

Avidus Management Group Cash-to-Debt Historical Data

The historical data trend for Avidus Management 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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Avidus Management Group Cash-to-Debt Chart

Avidus Management Group Annual Data

Trend

Oct08

Oct09

Oct10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

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No Debt

1.12

0.13

0.03

0.01

Avidus Management Group Quarterly Data
	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.01	0.05	-	-

Competitive Comparison of Avidus Management Group's Cash-to-Debt

For the Biotechnology subindustry, Avidus Management 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.

Avidus Management Group's Cash-to-Debt Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Avidus Management Group's Cash-to-Debt distribution charts can be found below:

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

Avidus Management 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.

Avidus Management Group'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)
	=	0.019	/	(1.526	+	0)
	=	0.01

Avidus Management Group's Cash to Debt Ratio for the quarter that ended in Sep. 2015 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)
	=	0.002	/	(1.126	+	0)
	=	0.00

Avidus Management Group (OTCPK:ASNHF) 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.

Avidus Management Group Cash-to-Debt Related Terms

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Avidus Management Group (Avidus Management Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Avidus Management Group Inc (OTCPK:ASNHF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10153 East Hampton Avenue, Suite 101, Mesa, AZ, USA, 85209

Website

http://www.asantae.com

Avidus Management Group Inc is a Canada based marketer and distributor of nutraceutical products. It is principally engaged in the sales of nutraceuticals and health aids to retail vendors and to individuals or businesses. The company sells its products in the United States and Canada, of which majority of the revenue is generated from the United States.

Avidus Management Group (Avidus Management Group) Headlines

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