LUNRW (Intuitive Machines) Cash-to-Debt : 0.85 (As of Jun. 2024)

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What is Intuitive Machines 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. Intuitive Machines's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.85.

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, Intuitive Machines couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LUNRW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 1.08 Max: 4.66
Current: 0.85

During the past 4 years, Intuitive Machines's highest Cash to Debt Ratio was 4.66. The lowest was 0.10. And the median was 1.08.

LUNRW's Cash-to-Debt is ranked better than
54.34% of 311 companies
in the Aerospace & Defense industry
Industry Median: 0.73 vs LUNRW: 0.85

Intuitive Machines Cash-to-Debt Historical Data

The historical data trend for Intuitive Machines'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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Intuitive Machines Cash-to-Debt Chart

Intuitive Machines Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

4.66

1.95

1.00

0.10

Intuitive Machines Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial								0.79	0.78	0.10	1.28	0.85

Competitive Comparison of Intuitive Machines's Cash-to-Debt

For the Aerospace & Defense subindustry, Intuitive Machines'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.

Intuitive Machines's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Intuitive Machines's Cash-to-Debt distribution charts can be found below:

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

Intuitive Machines 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.

Intuitive Machines's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	4.498	/	(12.858	+	30.617)
	=	0.10

Intuitive Machines's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	31.631	/	(6.061	+	31.377)
	=	0.84

Intuitive Machines (NAS:LUNRW) 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.

Intuitive Machines Cash-to-Debt Related Terms

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Intuitive Machines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Intuitive Machines Inc (NAS:LUNRW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LUNR:USA

Address

3700 Bay Area Boulevard, Sixth Floor, Suite 600, Houston, TX, USA, 77058

Website

https://www.intuitivemachines.com

Intuitive Machines Inc is a space exploration, infrastructure, and services company. It is a diversified space company focused on space exploration. It supplies space products and services to support sustained robotic and human exploration to the Moon, Mars, and beyond. Its products and services are offered through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure.