OCINF (OCI NV) Cash-to-Debt : 0.03 (As of Jun. 2024)

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What is OCI NV 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. OCI NV's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.03.

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, OCI NV 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 OCI NV's Cash-to-Debt or its related term are showing as below:

OCINF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.13 Max: 0.8
Current: 0.03

During the past 12 years, OCI NV's highest Cash to Debt Ratio was 0.80. The lowest was 0.03. And the median was 0.13.

OCINF's Cash-to-Debt is ranked worse than
95.37% of 1554 companies
in the Chemicals industry
Industry Median: 0.7 vs OCINF: 0.03

OCI NV Cash-to-Debt Historical Data

The historical data trend for OCI NV'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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OCI NV Cash-to-Debt Chart

OCI NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

0.13

0.35

0.54

0.04

OCI NV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.40	0.39	0.04	0.04	0.03

Competitive Comparison of OCI NV's Cash-to-Debt

For the Specialty Chemicals subindustry, OCI NV'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.

OCI NV's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, OCI NV's Cash-to-Debt distribution charts can be found below:

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

OCI NV 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.

OCI NV'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)
	=	100.3	/	(202.3	+	2097.4)
	=	0.04

OCI NV'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)
	=	73.7	/	(528.1	+	1871.8)
	=	0.03

OCI NV (OTCPK:OCINF) 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.

OCI NV Cash-to-Debt Related Terms

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OCI NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » OCI NV (OTCPK:OCINF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

OCI:Netherlands OCIa:UK 0QGH:UK OIC:Germany

Address

Honthorststraat 19, Amsterdam, NH, NLD, 1071

Website

https://oci-global.com

OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The reportable segments are: Methanol US, Methanol Europe, and Nitrogen Europe. The company generates the majority of its revenue from Nitrogen Europe segment. The Nitrogen Europe segment is engaged in consists of OCI Nitrogen (OCIN) and OCI Terminal Europoort B.V. Nitrogen is an integrated nitrates fertilizer producer and melamine producer with production site in Geleen, the Netherlands. OCI Terminal Europoort B.V. provides storage and shipment services of ammonia through at its location in Rotterdam, the Netherlands. The company generates the majority of its revenue from Europe and the Americas.