GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AMSC ASA (OSTO:AMSCO) » Definitions » Cash-to-Debt

AMSC ASA (OSTO:AMSCO) Cash-to-Debt : No Debt (1) (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is AMSC ASA 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. AMSC ASA's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, AMSC ASA could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

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

OSTO:AMSCO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 0.08   Max: No Debt
Current: No Debt

During the past 13 years, AMSC ASA's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.08.

OSTO:AMSCO's Cash-to-Debt is ranked better than
99.9% of 963 companies
in the Transportation industry
Industry Median: 0.46 vs OSTO:AMSCO: No Debt

AMSC ASA Cash-to-Debt Historical Data

The historical data trend for AMSC ASA'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.

* Premium members only.

AMSC ASA Cash-to-Debt Chart

AMSC ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.06 0.10 0.07 No Debt

AMSC ASA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 No Debt No Debt No Debt No Debt

Competitive Comparison of AMSC ASA's Cash-to-Debt

For the Marine Shipping subindustry, AMSC ASA'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.


AMSC ASA's Cash-to-Debt Distribution in the Transportation Industry

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

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



AMSC ASA 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.

AMSC ASA's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

AMSC ASA had no debt (1).

AMSC ASA's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

AMSC ASA had no debt (1).

* 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.


AMSC ASA  (OSTO:AMSCO) 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.


AMSC ASA Cash-to-Debt Related Terms

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


AMSC ASA Business Description

Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, Baerum, NOR, 1366
AMSC ASA is a ship finance company focused on owning and bareboat chartering maritime assets. The company owns a fleet of nine modern handy size product tankers, one modern handy size shuttle tanker and an international subsea construction vessel. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. Its operating segment includes AMSC's Offshore segment.

AMSC ASA Headlines

No Headlines