GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Victor Mining Industry Group Inc (OTCPK:VMTG) » Definitions » Cash-to-Debt

Victor Mining Industry Group (Victor Mining Industry Group) Cash-to-Debt : 0.02 (As of Sep. 2006)


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

What is Victor Mining Industry 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. Victor Mining Industry Group's cash to debt ratio for the quarter that ended in Sep. 2006 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, Victor Mining Industry Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2006.

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

VMTG's Cash-to-Debt is not ranked *
in the Business Services industry.
Industry Median: 0.99
* Ranked among companies with meaningful Cash-to-Debt only.

Victor Mining Industry Group Cash-to-Debt Historical Data

The historical data trend for Victor Mining Industry 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.

Victor Mining Industry Group Cash-to-Debt Chart

Victor Mining Industry Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Cash-to-Debt
Get a 7-Day Free Trial 4.38 2.83 0.20 0.02 0.12

Victor Mining Industry Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.12 0.02 0.01 0.02

Competitive Comparison of Victor Mining Industry Group's Cash-to-Debt

For the Specialty Business Services subindustry, Victor Mining Industry 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.


Victor Mining Industry Group's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Victor Mining Industry Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Victor Mining Industry Group's Cash-to-Debt falls into.



Victor Mining Industry 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.

Victor Mining Industry Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2005 is calculated as:

Victor Mining Industry Group's Cash to Debt Ratio for the quarter that ended in Sep. 2006 is calculated as:

* 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.


Victor Mining Industry Group  (OTCPK:VMTG) 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.


Victor Mining Industry Group Cash-to-Debt Related Terms

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


Victor Mining Industry Group (Victor Mining Industry Group) Business Description

Traded in Other Exchanges
N/A
Address
69 Waterfall Blvd, The Ponds, Sydney, NSW, AUS
Victor Mining Industry Group Inc is a shell company.
Executives
Hanlin Chen director

Victor Mining Industry Group (Victor Mining Industry Group) Headlines

No Headlines