GRPS (Gold River Productions) Cash-to-Debt : 0.10 (As of Dec. 2096)

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What is Gold River Productions 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. Gold River Productions's cash to debt ratio for the quarter that ended in Dec. 2096 was 0.10.

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, Gold River Productions couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2096.

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

GRPS's Cash-to-Debt is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: 0.93
* Ranked among companies with meaningful Cash-to-Debt only.

Gold River Productions Cash-to-Debt Historical Data

The historical data trend for Gold River Productions'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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Gold River Productions Cash-to-Debt Chart

Gold River Productions Annual Data

Trend

Mar92

Mar93

Mar94

Mar95

Cash-to-Debt

0.40

0.33

0.07

0.02

Gold River Productions Quarterly Data
	Mar92	Jun92	Sep92	Dec92	Mar93	Jun93	Sep93	Dec93	Mar94	Jun94	Sep94	Dec94	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.06	0.05	0.10	0.10

Competitive Comparison of Gold River Productions's Cash-to-Debt

For the Drug Manufacturers - Specialty & Generic subindustry, Gold River Productions'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.

Gold River Productions's Cash-to-Debt Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Gold River Productions's Cash-to-Debt distribution charts can be found below:

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

Gold River Productions 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.

Gold River Productions's Cash to Debt Ratio for the fiscal year that ended in Mar. 2095 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)
	=	0.4	/	(14.8	+	7.5)
	=	0.02

Gold River Productions's Cash to Debt Ratio for the quarter that ended in Dec. 2096 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)
	=	2	/	(20.3	+	0.1)
	=	0.10

Gold River Productions (OTCPK:GRPS) 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.

Gold River Productions Cash-to-Debt Related Terms

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Gold River Productions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gold River Productions Inc (OTCPK:GRPS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1022 Shadyside Lane, Dallas, TX, USA, 75223

Website

https://www.grpsinc.com

Gold River Productions Inc is a medical cannabinoids company involved in developing products targeting disease states as supplements. The company offers various products including Wrinkle Cream, EnergyPlex CBD, Hemorrhoid Plus CBD, Addiction Kit and Sominoplex-CBD among others.