Enxnet (Enxnet) Cash-to-Debt : 0.01 (As of Sep. 2019)

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What is Enxnet 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. Enxnet's cash to debt ratio for the quarter that ended in Sep. 2019 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, Enxnet couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2019.

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

EXNT's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Cash-to-Debt only.

Enxnet Cash-to-Debt Historical Data

The historical data trend for Enxnet'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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Enxnet Cash-to-Debt Chart

Enxnet Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Cash-to-Debt

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0.02

0.01

0.02

0.01

Enxnet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Enxnet's Cash-to-Debt

For the Oil & Gas E&P subindustry, Enxnet'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.

Enxnet's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enxnet's Cash-to-Debt distribution charts can be found below:

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

Enxnet 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.

Enxnet's Cash to Debt Ratio for the fiscal year that ended in Mar. 2019 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)
	=	0.008	/	(1.335	+	0)
	=	0.01

Enxnet's Cash to Debt Ratio for the quarter that ended in Sep. 2019 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)
	=	0.008	/	(1.335	+	0)
	=	0.01

Enxnet (OTCPK:EXNT) 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.

Enxnet Cash-to-Debt Related Terms

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Enxnet (Enxnet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enxnet Inc (OTCPK:EXNT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7450 S. Winston Avenue, Tulsa, OK, USA, 74136

Website

http://www.enxnet.com

Enxnet Inc is the United States based natural gas and petroleum exploitation, development, and production company engaged in locating and developing hydrocarbon resources, in the Rocky Mountain region. Its principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases. The company has leased property in Colorado and is searching for additional opportunities in the natural gas and petroleum industry.

Executives

Stephen J Hoelscher

officer: CFO

515 CONGRESS AVE, STE 1400, AUSTIN TX 78701

Enxnet (Enxnet) Headlines

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