American International Industries (American International Industries) Cash-to-Debt : 2.41 (As of Sep. 2015)

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What is American International Industries 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. American International Industries's cash to debt ratio for the quarter that ended in Sep. 2015 was 2.41.

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, American International Industries could pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

The historical rank and industry rank for American International Industries's Cash-to-Debt or its related term are showing as below:

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

American International Industries Cash-to-Debt Historical Data

The historical data trend for American International Industries'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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American International Industries Cash-to-Debt Chart

American International Industries Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

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0.60

0.29

0.24

0.50

0.33

American International Industries Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash-to-Debt	Get a 7-Day Free Trial															0.24	0.33	3.56	2.81	2.41

Competitive Comparison of American International Industries's Cash-to-Debt

For the Conglomerates subindustry, American International Industries'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.

American International Industries's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, American International Industries's Cash-to-Debt distribution charts can be found below:

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

American International Industries 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.

American International Industries's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	0.373	/	(0.44	+	0.688)
	=	0.33

American International Industries's Cash to Debt Ratio for the quarter that ended in Sep. 2015 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)
	=	1.624	/	(0.019	+	0.655)
	=	2.41

American International Industries (OTCPK:AMIN) 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.

American International Industries Cash-to-Debt Related Terms

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American International Industries (American International Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » American International Industries Inc (OTCPK:AMIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Cien Street, Suite 235, Kemah, TX, USA, 77565-3077

Website

http://www.americanii.com

American International Industries Inc operates as a diversified holding company. The company has interests in industrial, oil and gas, oilfield supply and service companies, and interests in an undeveloped real estate in the Galveston Bay, Texas area. American International serves both as a financial and professional business savvy partner for its subsidiaries. The company has the following reporting segments - American International Holdings Corp, American International Texas Properties Inc, Brenham Oil, and Gas.

Executives

Daniel Dror	officer: Chairman & CEO	601 HANSON RD, KEMAH TX 77565-2701
Sherry Lynne Couturier	officer: CFO	601 CIEN STREET, STE. 235, KEMAH TX 77565
Craft Thomas J Jr	director	11000 PROSPERITY FARMS ROAD, SUITE 101, PALM BEACH GARDENS FL 33401
Steven M Plumb	director	5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Stump John W Iii	other: Former Director	601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Gary D Woerz	other: Former CFO	601 CIEN RD, SUITE 235, KEMAH TX 77565