SIPC (Sipp Industries) Cash-to-Debt : 0.00 (As of Dec. 2006)

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What is Sipp Industries 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. Sipp Industries's cash to debt ratio for the quarter that ended in Dec. 2006 was 0.00.

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, Sipp Industries couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2006.

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

SIPC's Cash-to-Debt is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 0.415
* Ranked among companies with meaningful Cash-to-Debt only.

Sipp Industries Cash-to-Debt Historical Data

The historical data trend for Sipp Industries'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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Sipp Industries Cash-to-Debt Chart

Sipp Industries Annual Data

Trend

Dec04

Dec05

Dec06

Cash-to-Debt

N/A

Sipp Industries Semi-Annual Data
	Dec04	Dec05	Dec06
Cash-to-Debt	N/A	-	-

Competitive Comparison of Sipp Industries's Cash-to-Debt

For the Beverages - Brewers subindustry, Sipp Industries'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.

Sipp Industries's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sipp Industries's Cash-to-Debt distribution charts can be found below:

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

Sipp Industries 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.

Sipp Industries's Cash to Debt Ratio for the fiscal year that ended in Dec. 2006 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	/	(0.005	+	0)
	=	0.00

Sipp Industries's Cash to Debt Ratio for the quarter that ended in Dec. 2006 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	/	(0.005	+	0)
	=	0.00

Sipp Industries (OTCPK:SIPC) 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.

Sipp Industries Cash-to-Debt Related Terms

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Sipp Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sipp Industries Inc (OTCPK:SIPC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 1100, Costa Mesa, CA, USA, 92626

Website

http://www.sippindustries.com

Sipp Industries Inc is a is a brand owner of craft hemp beer and spirits. It forms strategic partnerships with craft breweries and distilleries to produce its products. The Company partners with local and national distributors to promote and market the beverages to events, bars, restaurants, lounges, clubs, and retail stores.