Gold and GemStone Mining (Gold and GemStone Mining) Cash-to-Debt : 0.00 (As of Oct. 2014)

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What is Gold and GemStone Mining 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. Gold and GemStone Mining's cash to debt ratio for the quarter that ended in Oct. 2014 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, Gold and GemStone Mining couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2014.

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

GGSM's Cash-to-Debt is not ranked ^*
in the Transportation industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Gold and GemStone Mining Cash-to-Debt Historical Data

The historical data trend for Gold and GemStone Mining'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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Gold and GemStone Mining Cash-to-Debt Chart

Gold and GemStone Mining Annual Data

Trend

Jan10

Jan11

Jan12

Cash-to-Debt

No Debt

Gold and GemStone Mining Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Apr14	Jul14	Oct14
Cash-to-Debt	Get a 7-Day Free Trial														-	-	-	-	-

Competitive Comparison of Gold and GemStone Mining's Cash-to-Debt

For the Marine Shipping subindustry, Gold and GemStone Mining'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.

Gold and GemStone Mining's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gold and GemStone Mining's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gold and GemStone Mining's Cash-to-Debt falls into.

Gold and GemStone Mining 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.

Gold and GemStone Mining's Cash to Debt Ratio for the fiscal year that ended in Jan. 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	/	(0.01	+	0)
	=	0.00

Gold and GemStone Mining's Cash to Debt Ratio for the quarter that ended in Oct. 2014 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	/	(0.11	+	0.023)
	=	0.00

Gold and GemStone Mining (OTCPK:GGSM) 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.

Gold and GemStone Mining Cash-to-Debt Related Terms

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Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.