What is CKX Lands 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. CKX Lands's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt (1).
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, CKX Lands could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
(1) 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.
The historical rank and industry rank for CKX Lands's Cash-to-Debt or its related term are showing as below:
CKX'
s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
During the past 13 years, CKX Lands's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
CKX Lands Cash-to-Debt Historical Data
The historical data trend for CKX Lands'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.
CKX Lands Cash-to-Debt Chart
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CKX Lands Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
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No Debt |
No Debt |
No Debt |
No Debt |
No Debt |
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CKX Lands Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
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No Debt |
No Debt |
No Debt |
No Debt |
No Debt |
Competitive Comparison of CKX Lands's Cash-to-Debt
For the Oil & Gas E&P subindustry, CKX Lands'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.
CKX Lands's Cash-to-Debt Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CKX Lands's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where CKX Lands's Cash-to-Debt falls into.
CKX Lands 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.
CKX Lands's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
CKX Lands had no debt (1).
CKX Lands's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
CKX Lands had no debt (1).
* 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.
CKX Lands (CKX Lands) Business Description
Traded in Other Exchanges
N/A
Address
2417 Shell Beach Drive, Lake Charles, LA, USA, 70601
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
Executives
| Max H. Hart |
director |
P.O. BOX 1700, OPELOUSAS LA 70571 |
| William Gray Stream |
director |
2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601 |
| Daniel J Englander |
director |
C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712 |
| Scott Adams Stepp |
officer: Chief Financial Officer |
2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601 |
| Lane T Lamure |
director |
POST OFFICE BOX 11941, JACKSON WY 83002 |
| Ellington Edward Moreland Ii |
director |
1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605 |
| Lee W. Boyer |
director |
127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601 |
| Donald Keith Duplechin |
director |
131 STATE STREET, LAKE CHARLES LA 70605 |
| Ottley Properties, Llc |
10 percent owner |
337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005 |
| Minvielle Iv Eugene T |
director |
P.O. BOX 51684, LAFAYETTE LA 70505 |
| Lee Bert Appleberry |
director |
315 NORTH WILCREST DRIVE, HOUSTON TX 77079 |
| Charles D Viccellio |
director, officer: Vice President & Secretary |
4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605 |
| Elizabeth Brooks Hollins |
director |
1128 BIRDNEST ROAD, LAKE CHARLES X1 70611 |
| Michael B White |
10 percent owner |
337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005 |
| Mary W Savoy |
director |
1407 ALVIN STREET, LAKE CHARLES LA 70601 |
CKX Lands (CKX Lands) Headlines
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