GME Innotainment (GME Innotainment) Cash-to-Debt : 11.41 (As of Sep. 2015)

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What is GME Innotainment 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. GME Innotainment's cash to debt ratio for the quarter that ended in Sep. 2015 was 11.41.

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, GME Innotainment could pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

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

GMEV's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.23
* Ranked among companies with meaningful Cash-to-Debt only.

GME Innotainment Cash-to-Debt Historical Data

The historical data trend for GME Innotainment'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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GME Innotainment Cash-to-Debt Chart

GME Innotainment Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

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3.56

1.19

0.83

3.30

2.03

GME Innotainment Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash-to-Debt	Get a 7-Day Free Trial															1.84	2.03	3.33	17.91	11.41

Competitive Comparison of GME Innotainment's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, GME Innotainment'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.

GME Innotainment's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

GME Innotainment 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.

GME Innotainment's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.657	/	(0.292	+	0.031)
	=	2.03

GME Innotainment's Cash to Debt Ratio for the quarter that ended in Sep. 2015 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)
	=	1.266	/	(0.111	+	0)
	=	11.41

GME Innotainment (OTCPK:GMEV) 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.

GME Innotainment Cash-to-Debt Related Terms

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GME Innotainment (GME Innotainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GME Innotainment Inc (OTCPK:GMEV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

208 East 51st Street, Suite 170, New York, NY, USA, 10022

Website

https://www.srcorpgroup.com

GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.