GLFN (McHenry Metals Golf) Cash-to-Debt : 0.00 (As of Sep. 2001)

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What is McHenry Metals Golf 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. McHenry Metals Golf's cash to debt ratio for the quarter that ended in Sep. 2001 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, McHenry Metals Golf couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2001.

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

GLFN's Cash-to-Debt is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.515
* Ranked among companies with meaningful Cash-to-Debt only.

McHenry Metals Golf Cash-to-Debt Historical Data

The historical data trend for McHenry Metals Golf'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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McHenry Metals Golf Cash-to-Debt Chart

McHenry Metals Golf Annual Data

Trend

Dec99

Dec00

Cash-to-Debt

0.04

0.01

McHenry Metals Golf Quarterly Data
	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01
Cash-to-Debt	Get a 7-Day Free Trial			0.06	0.01	-	-	-

Competitive Comparison of McHenry Metals Golf's Cash-to-Debt

For the Leisure subindustry, McHenry Metals Golf'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.

McHenry Metals Golf's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, McHenry Metals Golf's Cash-to-Debt distribution charts can be found below:

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

McHenry Metals Golf 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.

McHenry Metals Golf's Cash to Debt Ratio for the fiscal year that ended in Dec. 2000 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)
	=	0.007	/	(0.493	+	0.592)
	=	0.01

McHenry Metals Golf's Cash to Debt Ratio for the quarter that ended in Sep. 2001 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	/	(0.668	+	0.25)
	=	0.00

McHenry Metals Golf (OTCPK:GLFN) 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.

McHenry Metals Golf Cash-to-Debt Related Terms

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McHenry Metals Golf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » McHenry Metals Golf Corp (OTCPK:GLFN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4502 Marquette Avenue, Jacksonville, FL, USA

Website

http://www.mchenrymetals.com

McHenry Metals Golf Corp designs, develops and markets golf clubs. The company's products include drivers, hybrids, wedges, woods and other accessories related to golf.

McHenry Metals Golf Headlines

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