Cal Bay International (Cal Bay International) Cash-to-Debt : 0.59 (As of Sep. 2006)

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

What is Cal Bay International 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. Cal Bay International's cash to debt ratio for the quarter that ended in Sep. 2006 was 0.59.

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, Cal Bay International 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 Cal Bay International's Cash-to-Debt or its related term are showing as below:

CBYI's Cash-to-Debt is not ranked ^*
in the Capital Markets industry.
Industry Median: 2.275
* Ranked among companies with meaningful Cash-to-Debt only.

Cal Bay International Cash-to-Debt Historical Data

The historical data trend for Cal Bay International'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.

Cal Bay International Cash-to-Debt Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Cash-to-Debt

No Debt

2.47

1.25

0.50

0.59

Cal Bay International 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															0.59	0.59	0.01	0.13	0.59

Competitive Comparison of Cal Bay International's Cash-to-Debt

For the Capital Markets subindustry, Cal Bay International'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.

Cal Bay International's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cal Bay International's Cash-to-Debt distribution charts can be found below:

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

Cal Bay International 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.

Cal Bay International's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.201	/	(0.34	+	0)
	=	0.59

Cal Bay International's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.201	/	(0.34	+	0)
	=	0.59

Cal Bay International (OTCPK:CBYI) 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.

Cal Bay International Cash-to-Debt Related Terms

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

Cal Bay International (Cal Bay International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cal Bay International Inc (OTCPK:CBYI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website

https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.