American Graphite Technologies (American Graphite Technologies) Cash-to-Debt : 0.23 (As of Jul. 2023)

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What is American Graphite 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. American Graphite Technologies's cash to debt ratio for the quarter that ended in Jul. 2023 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, American Graphite Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2023.

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

AGIN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: No Debt Max: No Debt
Current: 0.23

During the past 7 years, American Graphite Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.23. And the median was No Debt.

AGIN's Cash-to-Debt is ranked worse than
67.51% of 477 companies
in the Diversified Financial Services industry
Industry Median: 2.83 vs AGIN: 0.23

American Graphite Technologies Cash-to-Debt Historical Data

The historical data trend for American Graphite 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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American Graphite Technologies Cash-to-Debt Chart

American Graphite Technologies Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Oct22

Cash-to-Debt

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0.75

No Debt

American Graphite Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	-	-	0.24	0.23

Competitive Comparison of American Graphite Technologies's Cash-to-Debt

For the Shell Companies subindustry, American Graphite 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.

American Graphite Technologies's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, American Graphite Technologies's Cash-to-Debt distribution charts can be found below:

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

American Graphite 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.

American Graphite Technologies's Cash to Debt Ratio for the fiscal year that ended in Oct. 2022 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	/	(0.175	+	0)
	=	0.00

American Graphite Technologies's Cash to Debt Ratio for the quarter that ended in Jul. 2023 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)
	=	0.02	/	(0.088	+	0)
	=	0.23

American Graphite Technologies (OTCPK:AGIN) 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.

American Graphite Technologies Cash-to-Debt Related Terms

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American Graphite Technologies (American Graphite Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » American Graphite Technologies Inc (OTCPK:AGIN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6370 Woodhaven Boulevard, Suite 2F, Rego Park, New York, NY, USA, 11374

Website

https://www.americangraphitetechnologies.com

American Graphite Technologies Inc is a mineral exploration and technology development company.

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