NRP (Natural Resources Partners LP) Cash-to-Debt : 0.16 (As of Sep. 2024)

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What is Natural Resources Partners LP 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. Natural Resources Partners LP's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.16.

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, Natural Resources Partners LP couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Natural Resources Partners LP's Cash-to-Debt or its related term are showing as below:

NRP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 0.33
Current: 0.16

During the past 13 years, Natural Resources Partners LP's highest Cash to Debt Ratio was 0.33. The lowest was 0.02. And the median was 0.12.

NRP's Cash-to-Debt is ranked worse than
86.03% of 179 companies
in the Other Energy Sources industry
Industry Median: 1.72 vs NRP: 0.16

Natural Resources Partners LP Cash-to-Debt Historical Data

The historical data trend for Natural Resources Partners LP'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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Natural Resources Partners LP Cash-to-Debt Chart

Natural Resources Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.19

0.21

0.31

0.23

0.08

Natural Resources Partners LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.09	0.08	0.06	0.15	0.16

Competitive Comparison of Natural Resources Partners LP's Cash-to-Debt

For the Thermal Coal subindustry, Natural Resources Partners LP'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.

Natural Resources Partners LP's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Natural Resources Partners LP's Cash-to-Debt falls into.

Natural Resources Partners LP 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.

Natural Resources Partners LP'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)
	=	11.989	/	(30.785	+	124.273)
	=	0.08

Natural Resources Partners LP's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	30.9	/	(14.226	+	183.137)
	=	0.16

Natural Resources Partners LP (NYSE:NRP) 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.

Natural Resources Partners LP Cash-to-Debt Related Terms

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

Natural Resources Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Natural Resources Partners LP (NYSE:NRP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002

Website

https://www.nrplp.com

Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.

Executives

Murphy Paul B Jr	director	OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Philip T Warman	officer: General Counsel & Secretary	123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73102-6406
Alexander David Greene	director	3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Galdino J. Claro	director	350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Perry W Donahoo	officer: CEO of VantaCore	1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Jennifer Lauren Odinet	officer: Chief Accounting Officer	1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Kevin J Craig	officer: VP of Business Development	PO BOX 2827, HUNTINGTON WV 25727
Jasvinder Khaira	director	1201 LOUISIANA STREET, SUITE 3400, HOUSTON TX 77002
Premium Resources, Llc	10 percent owner	1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Jackson Leon George Iii	director	235 MARLBERRY CIRCLE, JUPITER FL 33458
David M Hartz	officer: VP, Oil and Gas	601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Richard A Navarre	director	601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Christopher Zolas	officer: Chief Accounting Officer	601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Craig W Nunez	officer: CFO and Treasurer	1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Dennis F Coker	officer: Vice President - Aggregates	601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002