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Ossen Innovation Co Cash-to-Debt

: 0.04 (As of Jun. 2020)
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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. Ossen Innovation Co's cash to debt ratio for the quarter that ended in Jun. 2020 was 0.04.

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, Ossen Innovation Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

NAS:OSN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.19
Current: 0.04

0.01
0.19

During the past 12 years, Ossen Innovation Co's highest Cash to Debt Ratio was 0.19. The lowest was 0.01. And the median was 0.04.

NAS:OSN's Cash-to-Debt is ranked lower than
87% of the 588 Companies
in the Steel industry.

( Industry Median: 0.37 vs. NAS:OSN: 0.04 )

Ossen Innovation Co Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Ossen Innovation Co Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.03 0.12 0.08

Ossen Innovation Co Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 0.04 0.12 0.15 0.08 0.04

Competitive Comparison
* 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.


Ossen Innovation Co Cash-to-Debt Distribution

* The bar in red indicates where Ossen Innovation Co's Cash-to-Debt falls into.



Ossen Innovation Co 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.

Ossen Innovation Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Ossen Innovation Co's Cash to Debt Ratio for the quarter that ended in Jun. 2020 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Ossen Innovation Co  (NAS:OSN) 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.


Ossen Innovation Co Cash-to-Debt Related Terms


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