PMPG (Premier Products Group) Cash-to-Debt : 0.01 (As of Sep. 2021)

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What is Premier Products 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. Premier Products Group's cash to debt ratio for the quarter that ended in Sep. 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, Premier Products Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

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

PMPG's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 6.81
* Ranked among companies with meaningful Cash-to-Debt only.

Premier Products Group Cash-to-Debt Historical Data

The historical data trend for Premier Products 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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Premier Products Group Cash-to-Debt Chart

Premier Products Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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Premier Products Group Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															-	-	0.03	-	0.01

Competitive Comparison of Premier Products Group's Cash-to-Debt

For the Shell Companies subindustry, Premier Products 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.

Premier Products Group's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Premier Products Group's Cash-to-Debt distribution charts can be found below:

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

Premier Products 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.

Premier Products Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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	/	(0.515	+	0)
	=	0.00

Premier Products Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.004	/	(0.581	+	0)
	=	0.01

Premier Products Group (OTCPK:PMPG) 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.

Premier Products Group Cash-to-Debt Related Terms

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Premier Products Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Premier Products Group Inc (OTCPK:PMPG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6303 Owensmouth Avenue, Suite 1058, Woodland Hills, CA, USA, 91367

Website

https://www.pmpginc.com

Premier Products Group Inc is a development stage company looking for a merger.

Executives

William M Wright	director, officer: Chief Financaial Officer	3256 CHICO WAY NW BREMERTON WA 98312
Richard Michael Johnson	director, officer: Chief Executive Officer	10777 WESTHEIMER RD SUITE 1100 HOUSTON TX 77042
Capital Managment Coron	10 percent owner	2 SHARON LANE SCARSDALE NY 10583
Andrew I Telsey	director, officer: CEO/President/Secretary/Treas.	6198 SOUTH MOLINE COURT, ENGLEWOOD CO 80111
John Michael Coombs	director, officer: President, CEO, CFO, Sec/Trea	2435 SCENIC DRIVE SALT LAKE CITY UT 84109
North Beck Joint Venture Llc	10 percent owner	2435 SCENIC DRIVE SALT LAKE CITY UT 84109