GD Entertainment & Technology (GD Entertainment & Technology) Cash-to-Debt : -0.00 (As of Feb. 2006)

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What is GD Entertainment & Technology 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. GD Entertainment & Technology's cash to debt ratio for the quarter that ended in Feb. 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, GD Entertainment & Technology couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2006.

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

GDET's Cash-to-Debt is not ranked ^*
in the Personal Services industry.
Industry Median: 0.7
* Ranked among companies with meaningful Cash-to-Debt only.

GD Entertainment & Technology Cash-to-Debt Historical Data

The historical data trend for GD Entertainment & Technology'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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GD Entertainment & Technology Cash-to-Debt Chart

GD Entertainment & Technology Annual Data

Trend

May01

May04

May05

Cash-to-Debt

0.06

GD Entertainment & Technology Quarterly Data
	May01	Aug01	Nov01	Feb02	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06
Cash-to-Debt	Get a 7-Day Free Trial						0.10	0.06	0.04	0.03	-

Competitive Comparison of GD Entertainment & Technology's Cash-to-Debt

For the Personal Services subindustry, GD Entertainment & Technology'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.

GD Entertainment & Technology's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, GD Entertainment & Technology's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where GD Entertainment & Technology's Cash-to-Debt falls into.

GD Entertainment & Technology 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.

GD Entertainment & Technology's Cash to Debt Ratio for the fiscal year that ended in May. 2005 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)
	=	0.12	/	(0.914	+	1.269)
	=	0.05

GD Entertainment & Technology's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	-0.009	/	(2.462	+	0.053)
	=	-0.00

GD Entertainment & Technology (OTCPK:GDET) 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.

GD Entertainment & Technology Cash-to-Debt Related Terms

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GD Entertainment & Technology (GD Entertainment & Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » GD Entertainment & Technology Inc (OTCPK:GDET) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024

Website

https://gdet.co

GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.