Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Cash-to-Debt : 0.02 (As of Sep. 2016)

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What is Southern Concepts Restaurant 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. Southern Concepts Restaurant Group's cash to debt ratio for the quarter that ended in Sep. 2016 was 0.02.

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, Southern Concepts Restaurant Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2016.

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

RIBS's Cash-to-Debt is not ranked ^*
in the Restaurants industry.
Industry Median: 0.42
* Ranked among companies with meaningful Cash-to-Debt only.

Southern Concepts Restaurant Group Cash-to-Debt Historical Data

The historical data trend for Southern Concepts Restaurant 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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Southern Concepts Restaurant Group Cash-to-Debt Chart

Southern Concepts Restaurant Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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0.06

0.95

0.01

0.69

0.44

Southern Concepts Restaurant Group Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Cash-to-Debt	Get a 7-Day Free Trial															0.22	0.44	0.12	0.06	0.02

Competitive Comparison of Southern Concepts Restaurant Group's Cash-to-Debt

For the Restaurants subindustry, Southern Concepts Restaurant 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.

Southern Concepts Restaurant Group's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Southern Concepts Restaurant Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Southern Concepts Restaurant Group's Cash-to-Debt falls into.

Southern Concepts Restaurant 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.

Southern Concepts Restaurant Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	1.107	/	(0.914	+	1.593)
	=	0.44

Southern Concepts Restaurant Group's Cash to Debt Ratio for the quarter that ended in Sep. 2016 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)
	=	0.066	/	(1.581	+	1.352)
	=	0.02

Southern Concepts Restaurant Group (OTCPK:RIBS) 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.

Southern Concepts Restaurant Group Cash-to-Debt Related Terms

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Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Southern Concepts Restaurant Group Inc (OTCPK:RIBS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3001 PGA Boulevard, Suite 305, Palm Beach Gardens, FL, USA, 33410

Website

http://www.southernconcepts.com

Southern Concepts Restaurant Group Inc is a Shell company.

Executives

Kenneth A Cutshaw

director

C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319

Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Headlines

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