CanAm Coal (FRA:RHE) Cash-to-Debt : 0.01 (As of Sep. 2014)

View and export this data going back to . Start your Free Trial

What is CanAm Coal 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. CanAm Coal's cash to debt ratio for the quarter that ended in Sep. 2014 was 0.01.

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, CanAm Coal couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2014.

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

FRA:RHE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 0.01

During the past 12 years, CanAm Coal's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

FRA:RHE's Cash-to-Debt is not ranked
in the Other Energy Sources industry.
Industry Median: 1.915 vs FRA:RHE: 0.01

CanAm Coal Cash-to-Debt Historical Data

The historical data trend for CanAm Coal'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.

* Premium members only.

CanAm Coal Cash-to-Debt Chart

CanAm Coal Annual Data

Trend

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Dec12

Dec13

Cash-to-Debt

Get a 7-Day Free Trial

8.18

2.64

0.31

0.06

0.01

CanAm Coal Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.01	0.01	0.01	0.01

Competitive Comparison of CanAm Coal's Cash-to-Debt

For the Thermal Coal subindustry, CanAm Coal'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.

CanAm Coal's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CanAm Coal's Cash-to-Debt distribution charts can be found below:

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

CanAm Coal 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.

CanAm Coal'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)
	=	0.302	/	(13.264	+	16.059)
	=	0.01

CanAm Coal's Cash to Debt Ratio for the quarter that ended in Sep. 2014 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)
	=	0.28	/	(5.217	+	21.957)
	=	0.01

CanAm Coal (FRA:RHE) 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.

CanAm Coal Cash-to-Debt Related Terms

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

CanAm Coal (FRA:RHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CanAm Coal Corp (FRA:RHE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6

Website

http://www.canamcoal.com

CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.