Steel Excel (Steel Excel) Cash-to-Debt : 3.88 (As of Jun. 2016)

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What is Steel Excel 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. Steel Excel's cash to debt ratio for the quarter that ended in Jun. 2016 was 3.88.

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, Steel Excel could pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

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

SXCL's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.49
* Ranked among companies with meaningful Cash-to-Debt only.

Steel Excel Cash-to-Debt Historical Data

The historical data trend for Steel Excel'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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Steel Excel Cash-to-Debt Chart

Steel Excel Annual Data

Trend

Mar06

Mar07

Mar08

Mar09

Mar10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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934.76

18.36

2.69

2.40

3.00

Steel Excel Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Jun16
Cash-to-Debt	Get a 7-Day Free Trial															2.47	2.92	2.83	3.00	3.88

Competitive Comparison of Steel Excel's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Steel Excel'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.

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

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

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

Steel Excel 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.

Steel Excel's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	127.896	/	(0	+	42.666)
	=	3.00

Steel Excel's Cash to Debt Ratio for the quarter that ended in Jun. 2016 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)
	=	165.905	/	(0	+	42.724)
	=	3.88

Steel Excel (OTCPK:SXCL) 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.

Steel Excel Cash-to-Debt Related Terms

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

Steel Excel (Steel Excel) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.steelexcel.com

Steel Excel Inc formerly known as Adaptec Inc was incorporated in California on 1981. The Company together with it subsidiaries operates in two segments Energy and Sports. The Company's Energy business provides drilling and production services to the oil and gas industry. Its Sports business provides event-based sports services and other health-related services. The Company also continues to identify business acquisition opportunities in other unrelated industries. The Energy business provides various services to exploration and production companies in the oil and gas business. The services provided include well completion and recompletion, snubbing, flow testing, well maintenance and workover, down hole pumping, plug and abatement, and rental of auxiliary equipment. The Sports business provides baseball facility services, soccer camps and leagues, and strength and conditioning services. The baseball facility services, which include tournaments, camps, field rentals and player and umpire instruction, are provided at its facility that is equipped with four full-sized outdoor fields, three smaller youth-sized outdoor fields, and an indoor facility. Soccer camps and leagues are run at facilities owned by municipalities or schools and are run either in conjunction with local youth soccer leagues or as a stand-alone offering. Strength and conditioning services are provided at the two CrossFit facilities. The Company's businesses are subject to multiple federal, state, and local laws and regulations pertaining to worker safety, the handling of hazardous materials, transportation standards, and the environment.

Executives

Douglas Woodworth	officer: Chief Financial Officer	STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
John Mutch	director	C/O PEREGRINE SYSTEMS, INC., 3611 VALLEY CENTRE DRIVE, SAN DIEGO CA 92130
John J Quicke	director, other: See Explanation of Responses	C/O SEQUA CORP, 200 PARK AVENUE, 44TH FL, NEW YORK NY 10166
Jack L Howard	director, officer: Principal Exec Officer, other: See Explanation of Responses	182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Warren G Lichtenstein	director, officer: President of Subsidiary, other: See Explanation of Responses	C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Mccabe James F Jr	officer: CFO, other: See explanation of responses	C/O WHX CORPORATION, 555 THEODORE FREMD AVENUE, RYE NY 10580
Leonard J Mcgill	officer: VP, General Counsel & Secy, other: See Explanation of Responses	3125 MYERS STREET, RIVERSIDE CA 92503
Bns Holding, Inc.	other: See Explanation of Responses	61 EAST MAIN STREET, SUITE B, LOS GATOS CA 95031
Steel Partners Holdings L.p.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Mark A Zorko	officer: Chief Financial Officer, other: See Explanation of Responses	9265 FAWN LAKE DR, RALEIGH NC 27617
Lawrence Ruisi	director	C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11

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