Pingify International (Pingify International) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2014)

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What is Pingify International 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. Pingify International's cash to debt ratio for the quarter that ended in Jan. 2014 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Pingify International could pay off its debt using the cash in hand for the quarter that ended in Jan. 2014.

(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 Pingify International's Cash-to-Debt or its related term are showing as below:

PGFY's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.45
* Ranked among companies with meaningful Cash-to-Debt only.

Pingify International Cash-to-Debt Historical Data

The historical data trend for Pingify International'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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Pingify International Cash-to-Debt Chart

Pingify International Annual Data

Trend

Jan12

Jan13

Jan14

Cash-to-Debt

No Debt

Pingify International Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	N/A	No Debt

Competitive Comparison of Pingify International's Cash-to-Debt

For the Software - Application subindustry, Pingify International'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.

Pingify International's Cash-to-Debt Distribution in the Software Industry

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

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

Pingify International 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.

Pingify International's Cash to Debt Ratio for the fiscal year that ended in Jan. 2014 is calculated as:

Pingify International had no debt ⁽¹⁾.

Pingify International's Cash to Debt Ratio for the quarter that ended in Jan. 2014 is calculated as:

Pingify International had no debt ⁽¹⁾.

Pingify International (GREY:PGFY) 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.

Pingify International Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Pingify International's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Pingify International (Pingify International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pingify International Inc (GREY:PGFY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10060 Jasper Avenue, Scotia Place, Tower 1, Suite 2020, Edmonton, CAN, T5J 1V9

Website

http://www.pingify.com

Pingify International Inc is a development stage. The company is a software technology start-up engaged in the development of computer software solutions. It develops a communication system that allows the user to control the flow of information from any website by requesting only useful and relevant data. The activities are carried out through the region of Canada.

Pingify International (Pingify International) Headlines

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Pingify International (Pingify International) Cash-to-Debt : No Debt (1) (As of Jan. 2014)