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Armax Gaz (BSE:ARAX) Cash-to-Debt : 0.00 (As of . 20)


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What is Armax Gaz 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. Armax Gaz's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Armax Gaz couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

BSE:ARAX'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.

Armax Gaz Cash-to-Debt Historical Data

The historical data trend for Armax Gaz'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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Armax Gaz Cash-to-Debt Chart

Armax Gaz Annual Data
Trend
Cash-to-Debt

Armax Gaz Semi-Annual Data
Cash-to-Debt

Competitive Comparison of Armax Gaz's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Armax Gaz'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.


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

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

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



Armax Gaz 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.

Armax Gaz's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Armax Gaz's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Armax Gaz  (BSE:ARAX) 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.


Armax Gaz Cash-to-Debt Related Terms

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


Armax Gaz Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Strada Aurel Vlaicu, Near 35A Medias, Sibiu, ROU, 551041
Armax Gaz is engaged in the field of manufacturing equipment and devices for the gas and oil industry. It offers projection, assembly, execution, training and instruction, spare parts and maintenance services.

Armax Gaz Headlines

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