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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. Layne Christensen Co's cash to debt ratio for the quarter that ended in Apr. 2018 was 0.11.
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, Layne Christensen Co couldn't pay off its debt using the cash in hand for the quarter that ended in Apr. 2018.
The historical rank and industry rank for Layne Christensen Co's Cash-to-Debt or its related term are showing as below:
The historical data trend for Layne Christensen Co'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.
Layne Christensen Co Annual Data | |||||||||||||||||||||
Trend | Jan09 | Jan10 | Jan11 | Jan12 | Jan13 | Jan14 | Jan15 | Jan16 | Jan17 | Jan18 | |||||||||||
Cash-to-Debt | Get a 7-Day Free Trial | 0.29 | 0.17 | 0.41 | 0.43 | 0.19 |
Layne Christensen Co Quarterly Data | ||||||||||||||||||||
Jul13 | Oct13 | Jan14 | Apr14 | Jul14 | Oct14 | Jan15 | Apr15 | Jul15 | Oct15 | Jan16 | Apr16 | Jul16 | Oct16 | Jan17 | Apr17 | Jul17 | Oct17 | Jan18 | Apr18 | |
Cash-to-Debt | Get a 7-Day Free Trial | 0.33 | 0.21 | 0.16 | 0.19 | 0.11 |
For the Engineering & Construction subindustry, Layne Christensen Co'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.
For the Construction industry and Industrials sector, Layne Christensen Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Layne Christensen Co's Cash-to-Debt falls into.
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.
Layne Christensen Co's Cash to Debt Ratio for the fiscal year that ended in Jan. 2018 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) | |
= | 32.041 | / | (67.293 | + | 98.769) | |
= | 0.19 |
Layne Christensen Co's Cash to Debt Ratio for the quarter that ended in Apr. 2018 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) | |
= | 17.805 | / | (68.036 | + | 98.985) | |
= | 0.11 |
* 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.
Layne Christensen Co (NAS:LAYN) 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.
Thank you for viewing the detailed overview of Layne Christensen Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.
Nesser John T Iii | director | 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079 |
Alan Krusi | director | AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071 |
J Michael Anderson | officer: Senior Vice President and CFO | |
Brown David A B | director | |
Michael J Caliel | director | 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027 |
Nelson Obus | director | |
Wynnefield Small Cap Value Offshore Fund Ltd | other: Affiliate | 450 SEVENTH AVE, STE 509, NEW YORK NY 10123 |
Wynnefield Capital Inc | other: Affiliate | 450 SEVENTH AVE, STE 509, NEW YORK NY 10123 |
Wynnefield Partners Small Cap Value Lp | other: Affiliate | 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123 |
Wynnefield Capital Management Llc | other: Affiliate | 450 SEVENTH AVE, STE 509, NEW YORK NY 10123 |
Wynnefield Partners Small Cap Value Lp I | other: Affiliate | 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123 |
Joshua Landes | other: Affiliate | |
Andrew B Schmitt | director | 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205 |
Donald K Miller | director | |
Wynnefield Capital, Inc. Profit Sharing Plan | director, 10 percent owner | 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123 |
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