Magnus Energy Group (HAM:SHH1) Cash-to-Debt : 0.30 (As of Dec. 2021)

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What is Magnus Energy Group 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. Magnus Energy Group's cash to debt ratio for the quarter that ended in Dec. 2021 was 0.30.

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, Magnus Energy Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

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

HAM:SHH1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 5.54 Max: No Debt
Current: 0.3

During the past 13 years, Magnus Energy Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.30. And the median was 5.54.

HAM:SHH1's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.47 vs HAM:SHH1: 0.30

Magnus Energy Group Cash-to-Debt Historical Data

The historical data trend for Magnus Energy 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.

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Magnus Energy Group Cash-to-Debt Chart

Magnus Energy Group Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Cash-to-Debt

Get a 7-Day Free Trial

3.90

6.79

15.65

No Debt

1.62

Magnus Energy Group Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21
Cash-to-Debt	Get a 7-Day Free Trial															1.18	0.70	0.68	0.55	0.30

Competitive Comparison of Magnus Energy Group's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Magnus Energy 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.

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

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

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

Magnus Energy 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.

Magnus Energy Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 2020 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)
	=	1.889	/	(1.13	+	0.039)
	=	1.62

Magnus Energy Group's Cash to Debt Ratio for the quarter that ended in Dec. 2021 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)
	=	0.327	/	(1.098	+	0)
	=	0.30

Magnus Energy Group (HAM:SHH1) 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.

Magnus Energy Group Cash-to-Debt Related Terms

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Magnus Energy Group (HAM:SHH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnus Energy Group Ltd (HAM:SHH1) » Definitions » Cash-to-Debt

Comparable Companies

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Traded in Other Exchanges

N/A

Address

30 Cecil Street, No 19-08, Prudential Tower, Singapore, SGP, 049712

Website

https://www.magnusenergy.com.sg

Magnus Energy Group Ltd through its subsidiaries is engaged in the distribution of oil and gas equipment and trades renewable energy and natural resources. The company reportable segments are Oilfield equipment supply and services, Waste water treatment, Renewable energy, Drilling services, EPCC services and Investment holding.. It generates maximum revenue from Oilfield equipment supply and services segment. The company operates in Singapore, Australia, Malaysia, Indonesia, United States of America, United Arab Emirates and others.

Magnus Energy Group (HAM:SHH1) Headlines

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