ATONY (Anton Oilfield Services Group) Cash-to-Debt : 0.89 (As of Dec. 2024)

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What is Anton Oilfield Services Group 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. Anton Oilfield Services Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.89.

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, Anton Oilfield Services Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ATONY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.34 Max: 0.89
Current: 0.89

During the past 13 years, Anton Oilfield Services Group's highest Cash to Debt Ratio was 0.89. The lowest was 0.19. And the median was 0.34.

ATONY's Cash-to-Debt is ranked better than
57.37% of 990 companies
in the Oil & Gas industry
Industry Median: 0.545 vs ATONY: 0.89

Anton Oilfield Services Group Cash-to-Debt Historical Data

The historical data trend for Anton Oilfield Services Group'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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Anton Oilfield Services Group Cash-to-Debt Chart

Anton Oilfield Services Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.29

0.39

0.34

0.64

0.89

Anton Oilfield Services Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.34	0.50	0.64	0.72	0.89

Competitive Comparison of Anton Oilfield Services Group's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Anton Oilfield Services Group'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.

Anton Oilfield Services Group's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Anton Oilfield Services Group's Cash-to-Debt falls into.

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Anton Oilfield Services Group 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.

Anton Oilfield Services Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	300.9	/	(275.474	+	62.998)
	=	0.89

Anton Oilfield Services Group's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	300.9	/	(275.474	+	62.998)
	=	0.89

Anton Oilfield Services Group (OTCPK:ATONY) 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.

Anton Oilfield Services Group Cash-to-Debt Related Terms

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Anton Oilfield Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Anton Oilfield Services Group (OTCPK:ATONY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ATONF:USA 03337:Hong Kong 5AO:Germany

Address

No. 8, Pingcui West Road, Donghuqu, Chaoyang District, Beijing, CHN, 100102

Website

https://www.antonoil.com

Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through the following segments; Oilfield technical services, Oilfield management services, Drilling rig services, and Inspection services. The majority of the company's revenue is generated from the Oilfield technical services segment which covers the full life cycle of oil and gas development, including geological technology, drilling technology, well completion and stimulation technology as well as asset leasing services for the industry. Geographically, the firm derives its key revenue from the Republic of Iraq followed by the People's Republic of China, and other countries.

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