Neon Bloom (Neon Bloom) Cash-to-Debt : 0.22 (As of Mar. 2011)

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What is Neon Bloom 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. Neon Bloom's cash to debt ratio for the quarter that ended in Mar. 2011 was 0.22.

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, Neon Bloom couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2011.

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

NBCO's Cash-to-Debt is not ranked ^*
in the Biotechnology industry.
Industry Median: 6.5
* Ranked among companies with meaningful Cash-to-Debt only.

Neon Bloom Cash-to-Debt Historical Data

The historical data trend for Neon Bloom'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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Neon Bloom Cash-to-Debt Chart

Neon Bloom Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Cash-to-Debt

No Debt

0.44

0.69

0.40

Neon Bloom Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11
Cash-to-Debt	Get a 7-Day Free Trial													0.37	0.10	-0.01	-	0.22

Competitive Comparison of Neon Bloom's Cash-to-Debt

For the Biotechnology subindustry, Neon Bloom'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.

Neon Bloom's Cash-to-Debt Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Neon Bloom's Cash-to-Debt distribution charts can be found below:

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

Neon Bloom 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.

Neon Bloom's Cash to Debt Ratio for the fiscal year that ended in Dec. 2010 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)
	=	0.003	/	(0.895	+	0.048)
	=	0.00

Neon Bloom's Cash to Debt Ratio for the quarter that ended in Mar. 2011 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)
	=	0.159	/	(0.593	+	0.127)
	=	0.22

Neon Bloom (OTCPK:NBCO) 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.

Neon Bloom Cash-to-Debt Related Terms

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Neon Bloom (Neon Bloom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Neon Bloom Inc (OTCPK:NBCO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8860 Columbia 100 Parkway, Suite 216, Columbia, MD, USA, 21045

Website

https://www.bazelethealth.com

Neon Bloom Inc is a holding company. It is a science-based firm that uses plant science proprietary products and technology to promote wellness and remedies in the hemp and medical cannabis industry.

Executives

Neev Nissenson

director, officer: VP, Secretary Director

42 CARRY WAY, CARSON CITY NV 89521