DVLP (Golden Developing Solutions) Cash-to-Debt: 0.84 (As of Jun. 2023)

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What is Golden Developing Solutions Cash-to-Debt?

Golden Developing Solutions DVLP -90.00% Cash-to-Debt is 0.84 as of Jun. 2023.

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. Golden Developing Solutions's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.84.

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, Golden Developing Solutions couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

DVLP's Cash-to-Debt is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.98
* Ranked among companies with meaningful Cash-to-Debt only.

Golden Developing Solutions  (OTCPK:DVLP) 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.

Golden Developing Solutions Cash-to-Debt Related Terms

Golden Developing Solutions Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Golden Developing Solutions'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.

Golden Developing Solutions Cash-to-Debt Chart

Golden Developing Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash-to-Debt
0.09 0.00 0.02 0.03

Golden Developing Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 N/A 0.03 0.03 0.84

DVLP vs CSTF, BLMS, BBBT: Cash-to-Debt Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Golden Developing Solutions'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.

Golden Developing Solutions Cash-to-Debt vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Golden Developing Solutions's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Golden Developing Solutions's Cash-to-Debt falls into.


Golden Developing Solutions 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.

Golden Developing Solutions's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
=0.21 / (6.506 + 0)
=0.03

Golden Developing Solutions's Cash to Debt Ratio for the quarter that ended in Jun. 2023 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)
=0.323 / (0.27 + 0.113)
=0.84

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.84 mean?
Golden Developing Solutions (DVLP) has a Cash-to-Debt of 0.84 as of Jun. 2023.
Is Golden Developing Solutions' Cash-to-Debt too high?
Golden Developing Solutions' current Cash-to-Debt is 0.84. The Drug Manufacturers industry median Cash-to-Debt is 0.98. Golden Developing Solutions' value of 0.84 is 14.3% below this industry median.
How does Golden Developing Solutions' Cash-to-Debt compare to CSTF and BLMS?
Golden Developing Solutions' Cash-to-Debt of 0.84 can be compared against companies in the Drug Manufacturers industry. The industry median Cash-to-Debt is 0.98. Golden Developing Solutions' value of 0.84 is 14.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Drug Manufacturers company?
The median Cash-to-Debt among Drug Manufacturers companies is 0.98, based on 982 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golden Developing Solutions's current Cash-to-Debt of 0.84 is 14.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Drug Manufacturers industry, the median Cash-to-Debt is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Developing Solutions's current Cash-to-Debt is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Developing Solutions stock overvalued right now?
Golden Developing Solutions (DVLP) has a current Cash-to-Debt of 0.84. The current Cash-to-Debt is 0.84 and 14.3% below the Drug Manufacturers industry median of 0.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Golden Developing Solutions (DVLP), the current Cash-to-Debt is 0.84 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Developing Solutions Business Description

Address PO Box 460573, Fort Lauderdale, FL, USA, 33346
Golden Developing Solutions Inc is a development-stage company providing business services and/or products supporting Health, Wellness, and Technology. The company is also focused on acquisitions of synergistic companies.