ISHBQ.PFD (International Shipholding) Cash-to-Debt : 0.05 (As of Mar. 2016)

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What is International Shipholding 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. International Shipholding's cash to debt ratio for the quarter that ended in Mar. 2016 was 0.05.

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, International Shipholding couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2016.

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

ISHBQ.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: No Debt
Current: 0.05

During the past 13 years, International Shipholding's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.14.

ISHBQ.PFD's Cash-to-Debt is not ranked
in the Transportation industry.
Industry Median: 0.475 vs ISHBQ.PFD: 0.05

International Shipholding Cash-to-Debt Historical Data

The historical data trend for International Shipholding'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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International Shipholding Cash-to-Debt Chart

International Shipholding Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash-to-Debt

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0.13

0.10

0.09

0.06

International Shipholding Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash-to-Debt	Get a 7-Day Free Trial															0.10	0.06	0.03	0.06	0.05

Competitive Comparison of International Shipholding's Cash-to-Debt

For the Marine Shipping subindustry, International Shipholding'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.

International Shipholding's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, International Shipholding's Cash-to-Debt distribution charts can be found below:

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

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International Shipholding 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.

International Shipholding's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 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)
	=	9.56	/	(156.807	+	0)
	=	0.06

International Shipholding's Cash to Debt Ratio for the quarter that ended in Mar. 2016 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)
	=	5.989	/	(113.721	+	0)
	=	0.05

International Shipholding (OTCPK:ISHBQ.PFD) 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.

International Shipholding Cash-to-Debt Related Terms

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

International Shipholding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » International Shipholding Corp (OTCPK:ISHBQ.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.intship.com

International Shipholding Corp was originally founded as Central Gulf Steamship Corporation in 1947. Central Gulf was privately held until 1971 when it merged with Trans Union Corporation ("Trans Union"). In 1978, International Shipholding Corporation was formed to act as a holding company for Central Gulf, LCI, and certain other affiliated companies in connection with the 1979 spin off by Trans Union of its common stock to Trans Union's stockholders. Through its subsidiaries, it operates a fleet of U.S. and International Flag vessels that provide international and domestic maritime transportation services to commercial and governmental customers under medium to long-term time charters or contracts of affreightment. As of December 31, 2014 it owned or operated 54 ocean-going vessels. Its segments include Jones Act, Pure Car Truck Carriers, Dry Bulk Carriers, Rail-Ferry, Specialty Contracts, and Other. Its Rail-Ferry segment faces competition from companies who transport cargo over land rather than water including railroads and trucking companies that cross land borders. The Company's operations between the United States and foreign countries are subject to the Shipping Act of 1984, which is administered by the Federal Maritime Commission, and certain provisions of the Federal Water Pollution Control Act, the Oil Pollution Act of 1990, the Act to Prevent Pollution from Ships, and the Comprehensive Environmental Response Compensation and Liability Act, all of which are administered by the U.S. Coast Guard and other federal agencies, and certain other international, federal, state, and local laws and regulations, including international conventions and laws and regulations of the flag nations of its vessels.

Executives

Kevin Michael Wilson	officer: Principal Accounting Officer	650 POYDRAS STREET, SUITE 1700, NEW ORLEANS LA 70130
Niels M Johnsen	director, 10 percent owner, officer: Chairman and CEO	ONE WHITEHALL ST, NEW YORK NY 10004
Peter Matthew Johnston	officer: Executive Vice President	11 NORTH WATER STREET SUITE 18290, MOBILE AL 36602
Erik L Johnsen	director, officer: President	650 POYDRAS ST, STE 1700, NEW ORLEANS LA 70130
Kenneth H Beer	director	625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
James J Mcnamara	director	C/O INTERNATIONAL SHIPHOLDING CORP, 11 NORTH WATER STREET / SUITE 18290, MOBILE AL 36602
Robinson T Lee Jr	director	INTERNATIONAL SHIPHOLDING CORPORATION, 11 NORTH WATER ST, STE 18290, MOBILE AL 36602
Harris V Morrissette	director
Lane Harry Merritt Iii	director	835 UNION STREET, NEW ORLEANS LA 70112
Edwin Lupberger	director
Manuel G Estrada	officer: CFO/Vice President
Niels W. Johnsen Family 2011 Trust	10 percent owner	C/O WINDELS MARX LANE & MITTENDORF, LLP, 156 WEST 56TH STREET, NEW YORK NY 10019
Erik F Johnsen	director	650 POYDRAS ST, STE 1700, NEW ORLEANS LA 70130
Ada Pratt Boutchard	officer: Vice President and Controller	650 POYDRAS STREET, SUITE 1700, NEW ORLEANS LA 70130
Obrien Raymond V Jr	director