Chemoil Energy (FRA:LHT) Cash-to-Debt : 0.29 (As of Dec. 2013)

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What is Chemoil Energy 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. Chemoil Energy's cash to debt ratio for the quarter that ended in Dec. 2013 was 0.29.

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, Chemoil Energy couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2013.

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

FRA:LHT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.27 Max: 0.56
Current: 0.34

During the past 9 years, Chemoil Energy's highest Cash to Debt Ratio was 0.56. The lowest was 0.10. And the median was 0.27.

FRA:LHT's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.48 vs FRA:LHT: 0.34

Chemoil Energy Cash-to-Debt Historical Data

The historical data trend for Chemoil Energy'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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Chemoil Energy Cash-to-Debt Chart

Chemoil Energy Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

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0.10

0.14

0.22

0.53

0.29

Chemoil Energy Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Cash-to-Debt	Get a 7-Day Free Trial															0.53	0.42	0.43	0.28	0.29

Competitive Comparison of Chemoil Energy's Cash-to-Debt

For the Oil & Gas Midstream subindustry, Chemoil Energy'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.

Chemoil Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Chemoil Energy 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.

Chemoil Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 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)
	=	212.188	/	(712.704	+	8.011)
	=	0.29

Chemoil Energy's Cash to Debt Ratio for the quarter that ended in Dec. 2013 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)
	=	212.188	/	(712.704	+	8.011)
	=	0.29

Chemoil Energy (FRA:LHT) 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.

Chemoil Energy Cash-to-Debt Related Terms

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Chemoil Energy (FRA:LHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chemoil Energy Ltd (FRA:LHT) » Definitions » Cash-to-Debt

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Address

Website

http://www.chemoil.com

The Joint Corp develops, owns, operates, supports and manages chiropractic clinics through direct ownership, management arrangements, franchising and the sale of regional developer rights throughout the United States. The Company has two operating business segments. The Corporate Clinics segment is comprised of the operating activities of the company-owned or managed clinics. The Franchise Operations segment is comprised of the operating activities of the franchise business unit. The Joint generates most of its revenues from its Franchise operations segment.

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