TOL Gases (DAR:TOL) Cash-to-Debt : 0.00 (As of . 20)

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What is TOL Gases 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. TOL Gases'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, TOL Gases 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 TOL Gases's Cash-to-Debt or its related term are showing as below:

DAR:TOL's Cash-to-Debt is not ranked ^*
in the Chemicals industry.
Industry Median: 0.74
* Ranked among companies with meaningful Cash-to-Debt only.

TOL Gases Cash-to-Debt Historical Data

The historical data trend for TOL Gases'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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TOL Gases Cash-to-Debt Chart

TOL Gases Annual Data

Trend

Cash-to-Debt

TOL Gases Semi-Annual Data

Cash-to-Debt

Competitive Comparison of TOL Gases's Cash-to-Debt

For the Specialty Chemicals subindustry, TOL Gases'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.

TOL Gases's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOL Gases's Cash-to-Debt distribution charts can be found below:

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

TOL Gases 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.

TOL Gases'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.

TOL Gases'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.

TOL Gases (DAR:TOL) 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.

TOL Gases Cash-to-Debt Related Terms

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TOL Gases (DAR:TOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TOL Gases Ltd (DAR:TOL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4B Nyerere Road, P.O. Box 911, Plot No. 4, Dar es Salaam, TZA

Website

http://www.tolgases.com

TOL Gases Ltd is engaged in the manufacture and distribution of industrial gases, welding equipment, and medical gases, among others. It offers products such as oxygen, compressed air, argon, nitrogen, and ammonia.