Robix Environmental Technologies (XCNQ:RZX) Cash-to-Debt : 0.00 (As of Sep. 2017)

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What is Robix Environmental Technologies 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. Robix Environmental Technologies's cash to debt ratio for the quarter that ended in Sep. 2017 was 0.00.

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, Robix Environmental Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2017.

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

XCNQ:RZX's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.23
* Ranked among companies with meaningful Cash-to-Debt only.

Robix Environmental Technologies Cash-to-Debt Historical Data

The historical data trend for Robix Environmental Technologies'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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Robix Environmental Technologies Cash-to-Debt Chart

Robix Environmental Technologies Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

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0.01

No Debt

0.08

0.01

Robix Environmental Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash-to-Debt	Get a 7-Day Free Trial															-	0.01	-	0.02	-

Competitive Comparison of Robix Environmental Technologies's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, Robix Environmental Technologies'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.

Robix Environmental Technologies's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Robix Environmental Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Robix Environmental Technologies's Cash-to-Debt falls into.

Robix Environmental Technologies 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.

Robix Environmental Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 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)
	=	0.015	/	(2.936	+	0)
	=	0.01

Robix Environmental Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0	/	(1.042	+	1.075)
	=	0.00

Robix Environmental Technologies (XCNQ:RZX) 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.

Robix Environmental Technologies Cash-to-Debt Related Terms

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Robix Environmental Technologies (XCNQ:RZX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Robix Environmental Technologies Inc (XCNQ:RZX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

1406 3rd Avenue South, Bay 3, Lethbridge, AB, CAN, T1J 0K6

Website

http://www.robixfuels.com

Robix Environmental Technologies Inc is focused on providing oil recovery equipment and oil and gas wastewater treatment products. The company operates in two segments namely Clean Ocean Vessel and Water Treatment Technology. It generates its revenue from Clean Ocean Vessel.

Robix Environmental Technologies (XCNQ:RZX) Headlines

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