EXPL (Endurance Exploration Group) Cash-to-Debt: 0.00 (As of Sep. 2018)

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What is Endurance Exploration Group Cash-to-Debt?

Endurance Exploration Group EXPL +0.14% Cash-to-Debt is 0.00 as of Sep. 2018.

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. Endurance Exploration Group's cash to debt ratio for the quarter that ended in Sep. 2018 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, Endurance Exploration Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2018.

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

EXPL's Cash-to-Debt is not ranked *
in the Waste Management industry.
Industry Median: 0.42
* Ranked among companies with meaningful Cash-to-Debt only.

Endurance Exploration Group  (OTCPK:EXPL) 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.

Endurance Exploration Group Cash-to-Debt Related Terms

Endurance Exploration Group Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Endurance Exploration 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.

Endurance Exploration Group Cash-to-Debt Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 0.02 0.01 No Debt 0.02

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.00 0.01 0.00

EXPL vs NESCQ, SENR, HDII: Cash-to-Debt Comparison

For the Waste Management subindustry, Endurance Exploration 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.

Endurance Exploration Group Cash-to-Debt vs Waste Management Industry

For the Waste Management industry and Industrials sector, Endurance Exploration Group's Cash-to-Debt distribution charts can be found below:

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


Endurance Exploration 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.

Endurance Exploration Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
=0.005 / (0.344 + 0)
=0.01

Endurance Exploration Group's Cash to Debt Ratio for the quarter that ended in Sep. 2018 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)
=0.001 / (0.645 + 0)
=0.00

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.00 mean?
Endurance Exploration Group (EXPL) has a Cash-to-Debt of 0.00 as of Sep. 2018.
Is Endurance Exploration Group's Cash-to-Debt too high?
Endurance Exploration Group's current Cash-to-Debt is 0.00.
How does Endurance Exploration Group's Cash-to-Debt compare to NESCQ and SENR?
Endurance Exploration Group's Cash-to-Debt of 0.00 can be compared against companies in the Waste Management industry. The industry median Cash-to-Debt is 0.42. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Waste Management company?
The median Cash-to-Debt among Waste Management companies is 0.42, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median Cash-to-Debt is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Endurance Exploration Group's current Cash-to-Debt is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Cash-to-Debt of 0.00. The current Cash-to-Debt is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Endurance Exploration Group (EXPL), the current Cash-to-Debt is 0.00 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.