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United Energy (United Energy) Cash-to-Debt : 2.23 (As of Dec. 2010)


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What is United Energy 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. United Energy's cash to debt ratio for the quarter that ended in Dec. 2010 was 2.23.

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, United Energy could pay off its debt using the cash in hand for the quarter that ended in Dec. 2010.

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

UNRG's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.47
* Ranked among companies with meaningful Cash-to-Debt only.

United Energy Cash-to-Debt Historical Data

The historical data trend for United Energy'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.

United Energy Cash-to-Debt Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 No Debt No Debt No Debt 1.60

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 12.67 10.40 0.73 5.00 2.23

Competitive Comparison of United Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, United Energy'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.


United Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, United Energy's Cash-to-Debt distribution charts can be found below:

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



United Energy 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.

United Energy's Cash to Debt Ratio for the fiscal year that ended in Mar. 2009 is calculated as:

United Energy's Cash to Debt Ratio for the quarter that ended in Dec. 2010 is calculated as:

* 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.


United Energy  (OTCPK:UNRG) 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.


United Energy Cash-to-Debt Related Terms

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


United Energy (United Energy) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

United Energy (United Energy) Headlines

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