Cangene (FRA:YGE) Cash-to-Debt : No Debt ⁽¹⁾ (As of Oct. 2013)

Cangene Cash-to-Debt Chart

Cangene Annual Data
	Trend	Jul04	Jul05	Jul06	Jul07	Jul08	Jul09	Jul10	Jul11	Jul12	Jul13
Cash-to-Debt		Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Cangene Quarterly Data
	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Cangene's Cash-to-Debt

For the Biotechnology subindustry, Cangene'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.

Cangene's Cash-to-Debt Distribution in the Biotechnology Industry

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

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

Cangene 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.

Cangene's Cash to Debt Ratio for the fiscal year that ended in Jul. 2013 is calculated as:

Cangene had no debt ⁽¹⁾.

Cangene's Cash to Debt Ratio for the quarter that ended in Oct. 2013 is calculated as:

Cangene had no debt ⁽¹⁾.

* 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.

Cangene  (FRA:YGE) 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.

Cangene Cash-to-Debt Related Terms

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Cangene (FRA:YGE) Business Description