Elva International (Elva International) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2005)

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What is Elva International 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. Elva International's cash to debt ratio for the quarter that ended in Dec. 2005 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Elva International could pay off its debt using the cash in hand for the quarter that ended in Dec. 2005.

(1) 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.

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

EVAI's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.19
* Ranked among companies with meaningful Cash-to-Debt only.

Elva International Cash-to-Debt Historical Data

The historical data trend for Elva International'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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Elva International Cash-to-Debt Chart

Elva International Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Cash-to-Debt

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2.83

0.46

0.24

1.74

No Debt

Elva International Quarterly Data
	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05
Cash-to-Debt	Get a 7-Day Free Trial															1.74	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Elva International's Cash-to-Debt

For the Business Equipment & Supplies subindustry, Elva International'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.

Elva International's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elva International's Cash-to-Debt distribution charts can be found below:

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

Elva International 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.

Elva International's Cash to Debt Ratio for the fiscal year that ended in Dec. 2005 is calculated as:

Elva International had no debt ⁽¹⁾.

Elva International's Cash to Debt Ratio for the quarter that ended in Dec. 2005 is calculated as:

Elva International had no debt ⁽¹⁾.

Elva International (OTCPK:EVAI) 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.

Elva International Cash-to-Debt Related Terms

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

Elva International (Elva International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elva International Inc (OTCPK:EVAI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

47, RUE MARCEL DASSAULT, Boulogne-Billancourt, FRA, 92100

Website

Elva International Inc markets the Vocalid smart card. The Vocalid is a credit card-sized plastic card that has an integrated circuit. The Vocalid works by authenticating transaction data using a secure audio sequence generated by vibration of the card itself or by an external acoustic device. Vocalid can be used for e-commerce transactions utilizing the computers microphone or for telephone transactions using the phone set.

Elva International (Elva International) Headlines

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Elva International (Elva International) Cash-to-Debt : No Debt (1) (As of Dec. 2005)