iiNET (ASX:IIN) Cash-to-Debt : 0.05 (As of Jun. 2015)

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What is iiNET 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. iiNET's cash to debt ratio for the quarter that ended in Jun. 2015 was 0.05.

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, iiNET couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2015.

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

ASX:IIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.4 Max: N/A
Current: 0.05

During the past 13 years, iiNET's highest Cash to Debt Ratio was N/A. The lowest was 0.02. And the median was 0.40.

ASX:IIN's Cash-to-Debt is not ranked
in the Telecommunication Services industry.
Industry Median: 0.35 vs ASX:IIN: 0.05

iiNET Cash-to-Debt Historical Data

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

iiNET Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Cash-to-Debt

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0.05

0.02

0.04

0.08

0.05

iiNET Semi-Annual Data
	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.09	0.08	0.09	0.05

Competitive Comparison of iiNET's Cash-to-Debt

For the Telecom Services subindustry, iiNET'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.

iiNET's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, iiNET's Cash-to-Debt distribution charts can be found below:

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

iiNET 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.

iiNET's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	19.16	/	(42.528	+	354.084)
	=	0.05

iiNET's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	19.16	/	(42.528	+	354.084)
	=	0.05

iiNET (ASX:IIN) 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.

iiNET Cash-to-Debt Related Terms

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iiNET (ASX:IIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » iiNET Ltd (ASX:IIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.iinet.net.au

iiNET Limited (IIN) was established in 1993 to deliver Internet access services to Western Australia. iiNet has 700,000 customers across Australia, NZ and Capetown. Internet and communication services offered include dialup, broadband and phone.