Remora Royalties (Remora Royalties) Cash-to-Debt : 0.05 (As of Jun. 2018)

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What is Remora Royalties 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. Remora Royalties's cash to debt ratio for the quarter that ended in Jun. 2018 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, Remora Royalties couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2018.

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

RRI's Cash-to-Debt is not ranked ^*
in the industry.
Industry Median:
* Ranked among companies with meaningful Cash-to-Debt only.

Remora Royalties Cash-to-Debt Historical Data

The historical data trend for Remora Royalties'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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Remora Royalties Cash-to-Debt Chart

Remora Royalties Annual Data

Trend

Dec16

Dec17

Cash-to-Debt

0.02

0.05

Remora Royalties Quarterly Data
	Dec16	Dec17	Jun18
Cash-to-Debt	0.02	0.05	0.05

Competitive Comparison of Remora Royalties's Cash-to-Debt

For the subindustry, Remora Royalties'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.

Remora Royalties's Cash-to-Debt Distribution in the Industry

For the industry and sector, Remora Royalties's Cash-to-Debt distribution charts can be found below:

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

Remora Royalties 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.

Remora Royalties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
	=	2.534	/	(0	+	49.186)
	=	0.05

Remora Royalties's Cash to Debt Ratio for the quarter that ended in Jun. 2018 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)
	=	2.814	/	(0	+	55.515)
	=	0.05

Remora Royalties (NAS:RRI) 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.

Remora Royalties Cash-to-Debt Related Terms

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Remora Royalties (Remora Royalties) Business Description

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GURUFOCUS.COM » STOCK LIST » Remora Royalties Inc (NAS:RRI) » Definitions » Cash-to-Debt

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