Consolidated Global Investments (ASX:CGI) Cash-to-Debt : 0.18 (As of Jun. 2014)

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What is Consolidated Global Investments 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. Consolidated Global Investments's cash to debt ratio for the quarter that ended in Jun. 2014 was 0.18.

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, Consolidated Global Investments couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2014.

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

ASX:CGI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 5.17 Max: No Debt
Current: 1.83

During the past 13 years, Consolidated Global Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 5.17.

ASX:CGI's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.37 vs ASX:CGI: 1.83

Consolidated Global Investments Cash-to-Debt Historical Data

The historical data trend for Consolidated Global Investments'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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Consolidated Global Investments Cash-to-Debt Chart

Consolidated Global Investments Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Cash-to-Debt

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5.27

4.75

3.29

1.83

0.18

Consolidated Global Investments Semi-Annual Data
	Jun96	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Cash-to-Debt	Get a 7-Day Free Trial														5.27	4.75	3.29	1.83	0.18

Competitive Comparison of Consolidated Global Investments's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Consolidated Global Investments'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.

Consolidated Global Investments's Cash-to-Debt Distribution in the Metals & Mining Industry

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

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

Consolidated Global Investments 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.

Consolidated Global Investments's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	0.073	/	(0.418	+	0)
	=	0.17

Consolidated Global Investments's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.073	/	(0.418	+	0)
	=	0.17

Consolidated Global Investments (ASX:CGI) 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.

Consolidated Global Investments Cash-to-Debt Related Terms

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

Consolidated Global Investments (ASX:CGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Consolidated Global Investments Ltd (ASX:CGI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cgi.net.au

Consolidated Global Investments Limited through its subsidiaries is engaged in mineral exploration, such as gold, copper, manganese & base metals. Its projects include Pilbara Project, Palm Springs Project, Ruby Plains & Wimba Hill, among others.

Consolidated Global Investments (ASX:CGI) Headlines

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