Environmental Tectonics (Environmental Tectonics) Cash-to-Debt : 0.01 (As of Aug. 2023)

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What is Environmental Tectonics 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. Environmental Tectonics's cash to debt ratio for the quarter that ended in Aug. 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, Environmental Tectonics couldn't pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

ETCC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.04
Current: 0.01

During the past 13 years, Environmental Tectonics's highest Cash to Debt Ratio was 0.04. The lowest was 0.01. And the median was 0.03.

ETCC's Cash-to-Debt is ranked worse than
97.09% of 309 companies
in the Aerospace & Defense industry
Industry Median: 0.76 vs ETCC: 0.01

Environmental Tectonics Cash-to-Debt Historical Data

The historical data trend for Environmental Tectonics'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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Environmental Tectonics Cash-to-Debt Chart

Environmental Tectonics Annual Data

Trend

Feb05

Feb06

Feb07

Feb08

Feb09

Feb10

Feb11

Feb12

Feb22

Feb23

Cash-to-Debt

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0.24

0.43

0.21

0.03

0.04

Environmental Tectonics Semi-Annual Data
	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															0.22	0.03	N/A	0.04	0.01

Competitive Comparison of Environmental Tectonics's Cash-to-Debt

For the Aerospace & Defense subindustry, Environmental Tectonics'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.

Environmental Tectonics's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Environmental Tectonics's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Environmental Tectonics's Cash-to-Debt falls into.

Environmental Tectonics 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.

Environmental Tectonics's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	0.559	/	(0.882	+	12.023)
	=	0.04

Environmental Tectonics's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	0.093	/	(14.812	+	2.725)
	=	0.01

Environmental Tectonics (OTCPK:ETCC) 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.

Environmental Tectonics Cash-to-Debt Related Terms

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

Environmental Tectonics (Environmental Tectonics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Environmental Tectonics Corp (OTCPK:ETCC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 James Way, Southampton, PA, USA, 18966

Website

https://www.etcusa.com

Environmental Tectonics Corp is an environmental simulation company that provides training equipment, emergency response training simulators, and commercial equipment for the automotive, healthcare, and medical device industries. It operates in two primary business segments, Aerospace Solutions, and Commercial/Industrial Systems (CIS). Aerospace encompasses the design, manufacture, and sale of aircrew training systems products; altitude (hypobaric) chambers; hyperbaric chambers as well as integrated logistics support. CIS encompasses the design, manufacture, and sale of steam and gas sterilizers, environmental testing and simulation devices, and hyperbaric chambers. Aerospace Solutions segment is the major revenue contributor to the company.

Executives

William F Mitchell	director, officer: CEO and President	125 JAMES WAY, SOUTHAMPTON PA 18966
George A Sawyer	director	404 N. UNION ST., ALEXANDRIA VA 22314
Harold Fitzgerald Lenfest	director, 10 percent owner	300 BARR HARBOR DRIVE, SUITE 460, WEST CONSHOHOCKEN PA 19428
Michael Malone	director	191 OTTO STREET, PORT TOWNSEND WA 98368
Laurent Robert L Jr	officer: Chief Financial Officer	P O BOX 813, LIBERTY CORNER NJ 07938
Mark Prudenti	other: Corporate Controller	C/O ENVIRONMENTAL TECTONICS CORPORATION, 125 JAMES WAY, SOUTHAMPTON PA 18966
Linda J Brent	director	C/O ENVIRONMENTAL TECTONICS CORPORATION, 125 JAMESWAY, SOUTHAMPTON PA 18966
Winston E Scott	director	C/O ENVIRONMENTAL TECTONICS CORPORATION, 125 JAMESWAY, SOUTHAMPTON PA 18966
Duane D. Deaner	officer: Chief Financial Officer	C/O ENVIRONMENTAL TECTONICS CORPORATION, 125 JAMESWAY, SOUTHAMPTON PA 18966
James D. Cashel	officer: General Counsel	C/O ENVIRONMENTAL TECTONICS CORPORATION, 125 JAMESWAY, SOUTHAMPTON PA 18966
Thomas G Loughlin	officer: Chief Operating Officer	C/O ENVIRONMENTAL TECTONICS CORPORATION, 125 JAMESWAY, SOUTHAMPTON PA 18966
Mitchell William F Jr.	officer: VP, Contracts and Purchasing	C/O ENVIRONMENTAL TECTONICS CORPORATION, 125 JAMESWAY, SOUTHAMPTON PA 18966
Stephen F Ryan	director	C/O ENVIRONMENTAL TECTONICS CORP., 125 JAMES WAY, SOUTHAMPTON PA 18966
Alan Mark Gemmill	director	941 UPPER HASTINGS WAY, VIRGINIA BEACH VA 23452
George K Anderson	director	125 JAMESWAY SOUTH, HAMPTON PA 18966

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