Minaean SP Construction (STU:NJAN) Cash-to-Debt : 0.23 (As of Dec. 2024)

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What is Minaean SP Construction 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. Minaean SP Construction's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.23.

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, Minaean SP Construction couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

STU:NJAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 3.16 Max: No Debt
Current: 0.23

During the past 13 years, Minaean SP Construction's highest Cash to Debt Ratio was No Debt. The lowest was 0.17. And the median was 3.16.

STU:NJAN's Cash-to-Debt is ranked worse than
74.49% of 1721 companies
in the Construction industry
Industry Median: 0.66 vs STU:NJAN: 0.23

Minaean SP Construction Cash-to-Debt Historical Data

The historical data trend for Minaean SP Construction'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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Minaean SP Construction Cash-to-Debt Chart

Minaean SP Construction Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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No Debt

3.13

2.19

0.56

0.59

Minaean SP Construction Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.59	0.23	0.26	0.23

Competitive Comparison of Minaean SP Construction's Cash-to-Debt

For the Engineering & Construction subindustry, Minaean SP Construction'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.

Minaean SP Construction's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Minaean SP Construction's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Minaean SP Construction's Cash-to-Debt falls into.

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Minaean SP Construction 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.

Minaean SP Construction's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	0.024	/	(0.014	+	0.027)
	=	0.59

Minaean SP Construction's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	0.032	/	(0.111	+	0.027)
	=	0.23

Minaean SP Construction (STU:NJAN) 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.

Minaean SP Construction Cash-to-Debt Related Terms

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

Minaean SP Construction Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Minaean SP Construction Corp (STU:NJAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NJAN:Germany MSP:Canada

Address

1055 West Georgia Street, Suite 2050, P.O. Box 11121, Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

http://www.minaean.com

Minaean SP Construction Corp is known for its light gauge steel components for the construction industry. The company specializes in Light Gauge Steel Quik-Build Systems and provides a variety of contracting services. Its services include EPC (Engineering, Procurement, Construction) as well as Design-Build capabilities in the residential, commercial, industrial, healthcare, and hospitality sectors.

Minaean SP Construction Headlines

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