The Graystone Co (The Graystone Co) Cash-to-Debt : 0.01 (As of Sep. 2013)

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What is The Graystone Co 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. The Graystone Co's cash to debt ratio for the quarter that ended in Sep. 2013 was 0.01.

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, The Graystone Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2013.

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

GYST's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.29
* Ranked among companies with meaningful Cash-to-Debt only.

The Graystone Co Cash-to-Debt Historical Data

The historical data trend for The Graystone Co'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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The Graystone Co Cash-to-Debt Chart

The Graystone Co Annual Data

Trend

Dec10

Dec11

Dec12

Cash-to-Debt

No Debt

0.08

0.04

The Graystone Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Cash-to-Debt	Get a 7-Day Free Trial								0.16	0.04	0.03	0.01	0.01

Competitive Comparison of The Graystone Co's Cash-to-Debt

For the Mortgage Finance subindustry, The Graystone Co'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.

The Graystone Co's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Graystone Co's Cash-to-Debt distribution charts can be found below:

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

The Graystone Co 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.

The Graystone Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 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)
	=	0.015	/	(0.381	+	0)
	=	0.04

The Graystone Co's Cash to Debt Ratio for the quarter that ended in Sep. 2013 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)
	=	0.004	/	(0.398	+	0)
	=	0.01

The Graystone Co (OTCPK:GYST) 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.

The Graystone Co Cash-to-Debt Related Terms

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The Graystone Co (The Graystone Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Graystone Co Inc (OTCPK:GYST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2620 Regatta Drive, Suite 102, Las Vegas, CO, USA, 89128

Website

http://www.graystone1.com

The Graystone Co Inc is a holding company. It is involved in acquiring and developing mining properties amenable to low production cost. The company's mining operations mainly focus on acquiring properties that require a lower capital investment. Its projects include Gorilla, Graystone II and Graystone III located in Loreto and Amazonas, Peru.