Andeavor Logistics LP (Andeavor Logistics LP) Cash-to-Debt : 0.01 (As of Mar. 2019)

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What is Andeavor Logistics LP 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. Andeavor Logistics LP's cash to debt ratio for the quarter that ended in Mar. 2019 was 0.01.

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, Andeavor Logistics LP couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2019.

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

ANDX's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.49
* Ranked among companies with meaningful Cash-to-Debt only.

Andeavor Logistics LP Cash-to-Debt Historical Data

The historical data trend for Andeavor Logistics LP'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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Andeavor Logistics LP Cash-to-Debt Chart

Andeavor Logistics LP Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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0.01

0.17

0.02

Andeavor Logistics LP Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	-	0.01

Competitive Comparison of Andeavor Logistics LP's Cash-to-Debt

For the Oil & Gas Midstream subindustry, Andeavor Logistics LP'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.

Andeavor Logistics LP's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Andeavor Logistics LP's Cash-to-Debt falls into.

Andeavor Logistics LP 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.

Andeavor Logistics LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	10	/	(504	+	4460)
	=	0.00

Andeavor Logistics LP's Cash to Debt Ratio for the quarter that ended in Mar. 2019 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)
	=	29	/	(503	+	4622)
	=	0.01

Andeavor Logistics LP (NYSE:ANDX) 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.

Andeavor Logistics LP Cash-to-Debt Related Terms

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Andeavor Logistics LP (Andeavor Logistics LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Andeavor Logistics LP (NYSE:ANDX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 East Hardin Street, Findlay, OH, USA, 45840

Website

http://www.andeavorlogistics.com

Andeavor Logistics operates crude oil, refined products, and gas gathering and processing assets primarily in the Western United States. The partnership was formed by parent Andeavor, which owns 59% of the units after the incentive distribution rights exchange.

Executives

Marathon Petroleum Corp	director, 10 percent owner	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Western Refining, Inc.	director, 10 percent owner	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Sigmund L Cornelius	director	C/O COLUMBIA PIPELINE GROUP, INC., 5151 SAN FELIPE, STE. 2500, HOUSTON TX 77056
Mpc Investment Llc	director, 10 percent owner	539 S. MAIN STREET, FINDLAY OH 45840
Tesoro Refining & Marketing Co Llc	director	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Western Refining Southwest, Inc.	director, 10 percent owner	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Tesoro Alaska Co Llc	director	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Giant Industries, Inc.	director, 10 percent owner	539 S MAIN STREET, FINDLAY OH 45840
Gregory James Goff	director	19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Frank M Semple	director	1515 ARAPAHOE ST., TOWER 2, SUITE 700, DENVER CO 80202
Andeavor Llc	director, 10 percent owner	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Tesoro Logistics Gp, Llc	director	200 E. HARDIN STREET, FINDLAY OH 45840
Ruth Dreessen	director	6850 VERSAR CENTER, SPRINGFIELD VA 22151
Mplx Gp Llc	director, 10 percent owner	200 E. HARDIN STREET, FINDLAY OH 45840
Mplx Logistics Holdings Llc	other: Less than 10% owner	200 E. HARDIN STREET, FINDLAY OH 45840