GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GASE Energy Inc (OTCPK:GASE) » Definitions » Cash-to-Debt

GASE Energy (GASE Energy) Cash-to-Debt : No Debt (1) (As of Sep. 2014)


View and export this data going back to 2012. Start your Free Trial

What is GASE Energy 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. GASE Energy's cash to debt ratio for the quarter that ended in Sep. 2014 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, GASE Energy could pay off its debt using the cash in hand for the quarter that ended in Sep. 2014.

(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 GASE Energy's Cash-to-Debt or its related term are showing as below:

GASE's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.64
* Ranked among companies with meaningful Cash-to-Debt only.

GASE Energy Cash-to-Debt Historical Data

The historical data trend for GASE Energy'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.

GASE Energy Cash-to-Debt Chart

GASE Energy Annual Data
Trend Dec11 Dec12 Dec13
Cash-to-Debt
No Debt 20.77 No Debt

GASE Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt 74.00 0.15 No Debt

Competitive Comparison of GASE Energy's Cash-to-Debt

For the Shell Companies subindustry, GASE Energy'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.


GASE Energy's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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



GASE Energy 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.

GASE Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

GASE Energy had no debt (1).

GASE Energy's Cash to Debt Ratio for the quarter that ended in Sep. 2014 is calculated as:

GASE Energy 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.


GASE Energy  (OTCPK:GASE) 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.


GASE Energy Cash-to-Debt Related Terms

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


GASE Energy (GASE Energy) Business Description

Traded in Other Exchanges
N/A
Address
61 Larbert Road, Southport, CT, USA, 06890
GASE Energy Inc is a shell company.

GASE Energy (GASE Energy) Headlines

From GuruFocus