Gerova Financial Group (Gerova Financial Group) Cash-to-Debt : 0.02 (As of Jun. 2009)

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What is Gerova Financial Group 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. Gerova Financial Group's cash to debt ratio for the quarter that ended in Jun. 2009 was 0.02.

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, Gerova Financial Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2009.

(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 Gerova Financial Group's Cash-to-Debt or its related term are showing as below:

GVFG's Cash-to-Debt is not ranked ^*
in the Insurance industry.
Industry Median: 1.835
* Ranked among companies with meaningful Cash-to-Debt only.

Gerova Financial Group Cash-to-Debt Historical Data

The historical data trend for Gerova Financial Group'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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Gerova Financial Group Cash-to-Debt Chart

Gerova Financial Group Annual Data

Trend

Dec07

Dec08

Dec09

Cash-to-Debt

0.39

0.19

No Debt

Gerova Financial Group Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Dec09
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	0.19	0.17	0.02	No Debt

Competitive Comparison of Gerova Financial Group's Cash-to-Debt

For the Insurance - Reinsurance subindustry, Gerova Financial Group'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.

Gerova Financial Group's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Gerova Financial Group's Cash-to-Debt distribution charts can be found below:

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

Gerova Financial Group 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.

Gerova Financial Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2009 is calculated as:

Gerova Financial Group had no debt ⁽¹⁾.

Gerova Financial Group's Cash to Debt Ratio for the quarter that ended in Jun. 2009 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)
	=	0.031	/	(1.312	+	0)
	=	0.02

Gerova Financial Group (OTCPK:GVFG) 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.

Gerova Financial Group Cash-to-Debt Related Terms

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Gerova Financial Group (Gerova Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gerova Financial Group Ltd (OTCPK:GVFG) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

N/A

Address

Cumberland House, 5th Floor, 1 Victoria Street, Hamilton, BMU, HM 11

Website

Gerova Financial Group Ltd is an international reinsurance company focused on the life and annuity reinsurance markets, in addition to a niche property and causality business.

Gerova Financial Group (Gerova Financial Group) Headlines

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