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Eline Entertainment Group (Eline Entertainment Group) Cash-to-Debt : N/A (As of Jun. 2023)


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What is Eline Entertainment Group 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. Eline Entertainment Group's cash to debt ratio for the quarter that ended in Jun. 2023 was N/A.

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

EEGI's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.34
* Ranked among companies with meaningful Cash-to-Debt only.

Eline Entertainment Group Cash-to-Debt Historical Data

The historical data trend for Eline Entertainment Group'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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Eline Entertainment Group Cash-to-Debt Chart

Eline Entertainment Group Annual Data
Trend Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Dec21 Dec22
Cash-to-Debt
Get a 7-Day Free Trial 4.97 0.16 1.03 N/A N/A

Eline Entertainment Group Quarterly Data
Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A - N/A N/A N/A

Competitive Comparison of Eline Entertainment Group's Cash-to-Debt

For the Shell Companies subindustry, Eline Entertainment Group'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.


Eline Entertainment Group's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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



Eline Entertainment Group 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.

Eline Entertainment Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Eline Entertainment Group's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Eline Entertainment Group  (OTCPK:EEGI) 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.


Eline Entertainment Group Cash-to-Debt Related Terms

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Eline Entertainment Group (Eline Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Suite 1113, Tower 2, Lippo Centre, Admiralty, HKG
Eline Entertainment Group Inc is a developmental stage company. Its plan of business has not been implemented but will involve mergers and acquisitions of operating companies .
Executives
Barry A Rothman officer: President 20118 OCEAN KEY DRIVE, BOCA RATON FL 33498
Jayme Dorrough director, 10 percent owner

Eline Entertainment Group (Eline Entertainment Group) Headlines

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