1st NRG (1st NRG) Cash-to-Debt : 0.00 (As of Sep. 2009)

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What is 1st NRG 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. 1st NRG's cash to debt ratio for the quarter that ended in Sep. 2009 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, 1st NRG couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2009.

The historical rank and industry rank for 1st NRG's Cash-to-Debt or its related term are showing as below:

FNRC's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

1st NRG Cash-to-Debt Historical Data

The historical data trend for 1st NRG'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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1st NRG Cash-to-Debt Chart

1st NRG Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Cash-to-Debt

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0.31

1st NRG Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Cash-to-Debt	Get a 7-Day Free Trial															0.13	-	-	-	-

Competitive Comparison of 1st NRG's Cash-to-Debt

For the Oil & Gas E&P subindustry, 1st NRG'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.

1st NRG's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, 1st NRG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where 1st NRG's Cash-to-Debt falls into.

1st NRG 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.

1st NRG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2008 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	/	(0.013	+	0.027)
	=	0.00

1st NRG's Cash to Debt Ratio for the quarter that ended in Sep. 2009 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	/	(0.051	+	0.029)
	=	0.00

1st NRG (OTCPK:FNRC) 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.

1st NRG Cash-to-Debt Related Terms

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1st NRG (1st NRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » 1st NRG Corp (OTCPK:FNRC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

1531 Stout Street, Suite 607, Denver, CO, USA, 80202

Website

http://1stnrg-corp.com

1st NRG Corp is an exploration and production company. The company is primarily engaged in the development of natural gas producing properties in the Powder River Basin of Wyoming. The company operates in one industry segment, the exploration, development, production, and sale of oil and natural gas. Its project portfolio comprises Clabaugh ranch, eastern Ohio - Beekmantown dolomite, and coalbed methane.

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