Feishang Anthracite Resources (Feishang Anthracite Resources) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Feishang Anthracite Resources 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. Feishang Anthracite Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, Feishang Anthracite Resources couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Feishang Anthracite Resources's Cash-to-Debt or its related term are showing as below:

FSHRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.14
Current: 0.01

During the past 13 years, Feishang Anthracite Resources's highest Cash to Debt Ratio was 0.14. The lowest was 0.01. And the median was 0.04.

FSHRF's Cash-to-Debt is ranked worse than
97.75% of 178 companies
in the Other Energy Sources industry
Industry Median: 1.99 vs FSHRF: 0.01

Feishang Anthracite Resources Cash-to-Debt Historical Data

The historical data trend for Feishang Anthracite Resources'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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Feishang Anthracite Resources Cash-to-Debt Chart

Feishang Anthracite Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.03

0.02

0.01

Feishang Anthracite Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.01

Competitive Comparison of Feishang Anthracite Resources's Cash-to-Debt

For the Thermal Coal subindustry, Feishang Anthracite Resources'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.

Feishang Anthracite Resources's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Feishang Anthracite Resources's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Feishang Anthracite Resources's Cash-to-Debt falls into.

Feishang Anthracite Resources 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.

Feishang Anthracite Resources's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	1.416	/	(247.541	+	14.367)
	=	0.01

Feishang Anthracite Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	1.416	/	(247.541	+	14.367)
	=	0.01

Feishang Anthracite Resources (OTCPK:FSHRF) 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.

Feishang Anthracite Resources Cash-to-Debt Related Terms

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

Feishang Anthracite Resources (Feishang Anthracite Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Feishang Anthracite Resources Ltd (OTCPK:FSHRF) » Definitions » Cash-to-Debt

Traded in Other Exchanges

01738:Hong Kong

Address

200 Connaught Road Central, Room 2205, 22 Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.fsanthracite.com

Feishang Anthracite Resources Ltd is principally engaged in the acquisition, development, and construction of anthracite coal mines and the extraction and sale of anthracite coal in the People's Republic of China. It conducts its principal operation and derives revenues solely from Mainland China.

Feishang Anthracite Resources (Feishang Anthracite Resources) Headlines

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