LGLOF (Green Block Mining) Cash-to-Debt: 0.01 (As of Aug. 2021)

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What is Green Block Mining Cash-to-Debt?

Green Block Mining LGLOF -90.00% Cash-to-Debt is 0.01 as of Aug. 2021.

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. Green Block Mining's cash to debt ratio for the quarter that ended in Aug. 2021 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, Green Block Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2021.

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

LGLOF's Cash-to-Debt is not ranked *
in the Software industry.
Industry Median: 2.49
* Ranked among companies with meaningful Cash-to-Debt only.

Green Block Mining  (OTCPK:LGLOF) 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.

Green Block Mining Cash-to-Debt Related Terms

Green Block Mining Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Cash-to-Debt Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Cash-to-Debt
0.08 1.00 0.01

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 0.03 0.16 0.01

LGLOF vs CRM, INTU, NOW: Cash-to-Debt Comparison

For the Software - Application subindustry, Green Block Mining'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.

Green Block Mining Cash-to-Debt vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Cash-to-Debt falls into.


Green Block Mining 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.

Green Block Mining's Cash to Debt Ratio for the fiscal year that ended in Nov. 2020 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)
=0.032209 / (0.779361 + 1.472533)
=0.01

Green Block Mining's Cash to Debt Ratio for the quarter that ended in Aug. 2021 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)
=0.055 / (3.149464 + 2.188526)
=0.01

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.01 mean?
Green Block Mining (LGLOF) has a Cash-to-Debt of 0.01 as of Aug. 2021.
Is Green Block Mining's Cash-to-Debt too high?
Green Block Mining's current Cash-to-Debt is 0.01. The Software industry median Cash-to-Debt is 2.49. Green Block Mining's value of 0.01 is 99.6% below this industry median.
How does Green Block Mining's Cash-to-Debt compare to CRM and INTU?
Green Block Mining's Cash-to-Debt of 0.01 can be compared against companies in the Software industry. The industry median Cash-to-Debt is 2.49. Green Block Mining's value of 0.01 is 99.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Software company?
The median Cash-to-Debt among Software companies is 2.49, based on 2,843 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Green Block Mining's current Cash-to-Debt of 0.01 is 99.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median Cash-to-Debt is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Block Mining's current Cash-to-Debt is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Cash-to-Debt of 0.01. The current Cash-to-Debt is 0.01 and 99.6% below the Software industry median of 2.49. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Green Block Mining (LGLOF), the current Cash-to-Debt is 0.01 as of Aug. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.