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SMSA Humble Acquistion (SMSA Humble Acquistion) Cash-to-Debt : No Debt (1) (As of Sep. 2013)


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What is SMSA Humble Acquistion 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. SMSA Humble Acquistion's cash to debt ratio for the quarter that ended in Sep. 2013 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, SMSA Humble Acquistion could pay off its debt using the cash in hand for the quarter that ended in Sep. 2013.

(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 SMSA Humble Acquistion's Cash-to-Debt or its related term are showing as below:

SMHQ's Cash-to-Debt is not ranked *
in the Conglomerates industry.
Industry Median: 0.49
* Ranked among companies with meaningful Cash-to-Debt only.

SMSA Humble Acquistion Cash-to-Debt Historical Data

The historical data trend for SMSA Humble Acquistion'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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SMSA Humble Acquistion Cash-to-Debt Chart

SMSA Humble Acquistion Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Cash-to-Debt
N/A N/A N/A No Debt

SMSA Humble Acquistion Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of SMSA Humble Acquistion's Cash-to-Debt

For the Conglomerates subindustry, SMSA Humble Acquistion'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.


SMSA Humble Acquistion's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SMSA Humble Acquistion's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where SMSA Humble Acquistion's Cash-to-Debt falls into.



SMSA Humble Acquistion 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.

SMSA Humble Acquistion's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 is calculated as:

SMSA Humble Acquistion had no debt (1).

SMSA Humble Acquistion's Cash to Debt Ratio for the quarter that ended in Sep. 2013 is calculated as:

SMSA Humble Acquistion 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.


SMSA Humble Acquistion  (OTCPK:SMHQ) 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.


SMSA Humble Acquistion Cash-to-Debt Related Terms

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SMSA Humble Acquistion (SMSA Humble Acquistion) Business Description

Traded in Other Exchanges
N/A
Address
Website
SMSA Humble Acquistion Corp is a development stage company.
Executives
Timothy P Halter director, 10 percent owner, officer: CEO,Pres,CFO,Chairman, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

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