GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jade Art Group Inc (STU:JADA) » Definitions » Cash-to-Debt

Jade Art Group (STU:JADA) Cash-to-Debt : No Debt (1) (As of Sep. 2010)


View and export this data going back to . Start your Free Trial

What is Jade Art 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. Jade Art Group's cash to debt ratio for the quarter that ended in Sep. 2010 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, Jade Art Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2010.

(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 Jade Art Group's Cash-to-Debt or its related term are showing as below:

STU:JADA's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 6.915
* Ranked among companies with meaningful Cash-to-Debt only.

Jade Art Group Cash-to-Debt Historical Data

The historical data trend for Jade Art 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.

* Premium members only.

Jade Art Group Cash-to-Debt Chart

Jade Art Group Annual Data
Trend Jul06 Jul07 Dec08 Dec09
Cash-to-Debt
No Debt N/A 0.03 No Debt

Jade Art Group Quarterly Data
Oct06 Jan07 Apr07 Jul07 Oct07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Jade Art Group's Cash-to-Debt

For the Shell Companies subindustry, Jade Art 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.


Jade Art Group's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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



Jade Art 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.

Jade Art Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2009 is calculated as:

Jade Art Group had no debt (1).

Jade Art Group's Cash to Debt Ratio for the quarter that ended in Sep. 2010 is calculated as:

Jade Art Group had no debt (1).

* 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.


Jade Art Group  (STU:JADA) 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.


Jade Art Group Cash-to-Debt Related Terms

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


Jade Art Group Business Description

Traded in Other Exchanges
N/A
Address
1028 Highland Lakes Trace, Birmingham, AL, USA, 35242
Jade Art Group Inc is a development stage company.

Jade Art Group Headlines

From GuruFocus

Investment Analysis of Jade Art Group

By guruek Saj Karsan 06-14-2010