Layne Christensen Co (Layne Christensen Co) Cash-to-Debt : 0.11 (As of Apr. 2018)

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What is Layne Christensen Co 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. 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:

LAYN's Cash-to-Debt is not ranked ^*
in the Construction industry.
Industry Median: 0.62
* Ranked among companies with meaningful Cash-to-Debt only.

Layne Christensen Co Cash-to-Debt Historical Data

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.

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Layne Christensen Co Cash-to-Debt Chart

Layne Christensen Co Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Cash-to-Debt

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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

Competitive Comparison of Layne Christensen Co's Cash-to-Debt

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.

Layne Christensen Co's Cash-to-Debt Distribution in the Construction Industry

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.

Layne Christensen Co 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.

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

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.

Layne Christensen Co Cash-to-Debt Related Terms

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Layne Christensen Co (Layne Christensen Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Layne Christensen Co (NAS:LAYN) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Website

http://www.layne.com

Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.

Executives

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