International Power Group (International Power Group) Cash-to-Debt : 0.03 (As of Sep. 2008)

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What is International Power 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. International Power Group's cash to debt ratio for the quarter that ended in Sep. 2008 was 0.03.

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, International Power Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2008.

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

IPWG's Cash-to-Debt is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 0.24
* Ranked among companies with meaningful Cash-to-Debt only.

International Power Group Cash-to-Debt Historical Data

The historical data trend for International Power 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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International Power Group Cash-to-Debt Chart

International Power Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Cash-to-Debt

No Debt

International Power Group Quarterly Data
	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Cash-to-Debt	Get a 7-Day Free Trial										0.04	-	0.12	0.01	0.03

Competitive Comparison of International Power Group's Cash-to-Debt

For the Utilities - Renewable subindustry, International Power 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.

International Power Group's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, International Power Group's Cash-to-Debt distribution charts can be found below:

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

International Power 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.

International Power Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2007 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	/	(0.756	+	0)
	=	0.00

International Power Group's Cash to Debt Ratio for the quarter that ended in Sep. 2008 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)
	=	0.025	/	(1.008	+	0)
	=	0.02

International Power Group (GREY:IPWG) 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.

International Power Group Cash-to-Debt Related Terms

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International Power Group (International Power Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » International Power Group Ltd (GREY:IPWG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1420 Celebration Bouelvard, Suite 313, Celebration, FL, USA, 34747

Website

http://www.international-power.com

International Power Group Ltd is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity.

Executives

John Edward Mack

officer: Chief Financial Officer

P.O.BOX 1575, BRECKENRIDGE CO 80424

International Power Group (International Power Group) Headlines

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