BTHC XV (BTHC XV) Cash-to-Debt : 0.06 (As of Dec. 2011)

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What is BTHC XV 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. BTHC XV's cash to debt ratio for the quarter that ended in Dec. 2011 was 0.06.

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, BTHC XV couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2011.

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

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

BTHC XV Cash-to-Debt Historical Data

The historical data trend for BTHC XV'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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BTHC XV Cash-to-Debt Chart

BTHC XV Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Cash-to-Debt

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N/A

0.43

0.02

0.06

BTHC XV Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Cash-to-Debt	Get a 7-Day Free Trial			N/A	N/A	0.43	0.02	0.06

Competitive Comparison of BTHC XV's Cash-to-Debt

For the Conglomerates subindustry, BTHC XV'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.

BTHC XV's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BTHC XV's Cash-to-Debt distribution charts can be found below:

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

BTHC XV 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.

BTHC XV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2011 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)
	=	0.697	/	(10.951	+	0)
	=	0.06

BTHC XV's Cash to Debt Ratio for the quarter that ended in Dec. 2011 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)
	=	0.697	/	(10.951	+	0)
	=	0.06

BTHC XV (OTCPK:BTXV) 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.

BTHC XV Cash-to-Debt Related Terms

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

BTHC XV (BTHC XV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BTHC XV Inc (OTCPK:BTXV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

BTHC XV (BTHC XV) Headlines

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