Elevate (Elevate) Cash-to-Debt : 0.00 (As of Feb. 2012)

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What is Elevate 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. Elevate's cash to debt ratio for the quarter that ended in Feb. 2012 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, Elevate couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2012.

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

ELEV's Cash-to-Debt is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.36
* Ranked among companies with meaningful Cash-to-Debt only.

Elevate Cash-to-Debt Historical Data

The historical data trend for Elevate'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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Elevate Cash-to-Debt Chart

Elevate Annual Data

Trend

May07

May08

May09

May10

May11

Cash-to-Debt

N/A

No Debt

N/A

0.03

Elevate Quarterly Data
	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12
Cash-to-Debt	Get a 7-Day Free Trial															N/A	-	-	-	-

Competitive Comparison of Elevate's Cash-to-Debt

For the Telecom Services subindustry, Elevate'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.

Elevate's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Elevate's Cash-to-Debt distribution charts can be found below:

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

Elevate 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.

Elevate's Cash to Debt Ratio for the fiscal year that ended in May. 2011 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	/	(1.198	+	0)
	=	0.00

Elevate's Cash to Debt Ratio for the quarter that ended in Feb. 2012 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	/	(1.534	+	0)
	=	0.00

Elevate (OTCPK:ELEV) 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.

Elevate Cash-to-Debt Related Terms

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Elevate (Elevate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Elevate Inc (OTCPK:ELEV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.goelevate.com

Elevate Inc is incorporated on February 24, 2006 in the State of Nevada. The Company's business plan is to focus its operations on the development of a diverse network of individuals and firms that can offer their professional services to public companies. The Company's target market is primarily small companies that plan to go public, are about to go public, or are experiencing a transitional phase where they are in need of certain management personnel. These companies often need assistance either short term or long term to ensure SEC compliance. Using its service provider database, Highland will refer qualified professionals to these companies for employment as independent contractors. Highland will charge a referral fee to the service provider of a negotiated percentage for a negotiated period of time based on the specific partnership.