AMEN Properties (AMEN Properties) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2023)

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What is AMEN Properties 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. AMEN Properties's cash to debt ratio for the quarter that ended in Mar. 2023 was No Debt ⁽¹⁾.

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, AMEN Properties could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

(1) 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.

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

AMEN's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.485
* Ranked among companies with meaningful Cash-to-Debt only.

AMEN Properties Cash-to-Debt Historical Data

The historical data trend for AMEN Properties'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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AMEN Properties Cash-to-Debt Chart

AMEN Properties Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

AMEN Properties Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of AMEN Properties's Cash-to-Debt

For the Oil & Gas E&P subindustry, AMEN Properties'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.

AMEN Properties's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

AMEN Properties 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.

AMEN Properties's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

AMEN Properties had no debt ⁽¹⁾.

AMEN Properties's Cash to Debt Ratio for the quarter that ended in Mar. 2023 is calculated as:

AMEN Properties had no debt ⁽¹⁾.

AMEN Properties (OTCPK:AMEN) 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.

AMEN Properties Cash-to-Debt Related Terms

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

AMEN Properties (AMEN Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AMEN Properties Inc (OTCPK:AMEN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 835451, Richardson, TX, USA, 75080

Website

http://www.amenproperties.com

AMEN Properties Inc acquires investments in commercial real estate, natural gas properties, and other energy-related business properties. It derives revenue from oil and gas.

Executives

Jon M Morgan	officer: Chief Executive Officer	303 W WALL, SUITE 1700, MIDLAND TX 79701
Blake Donald M Jr	director	298 5TH AVENUE, NEW YORK NY 10001
Randy G Nicholson	director	1202 ESTATES DRIVE SUITE D, ABILENE TX 79602
Earl Gjelde	director	790 ROSE ACRES COURT, LOVELAND CO 80537
Eric L Oliver	director	303 W WALL, SUITE 1700, MIDLAND TX 79701
Bruce E Edgington	director	303 W WALL, SUITE 2300, MIDLAND TX 79701
Jesse T Correll	director
John Bick	officer: Managing Principal	1409 CROWLEY ROAD, ARLINGTON TX 76012
Kris Lawson Oliver	officer: Chief Financial Officer	303 W. WALL STREET, SUITE 1700, MIDLAND TX 79701
Kevin Yung	officer: Chief Operating Officer	303 W. WALL STREET, SUITE 2300, MIDLAND TX 79701
Padraig Ennis	officer: Vice President	2821 MARMON, MIDLAND TX 79705
John M James	officer: Chief Financial Officer	4485 HACKBERRY, MIDLAND TX 79707
Eric Boyt	other: Former Chief Financial Officer

AMEN Properties (AMEN Properties) Headlines

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AMEN Properties (AMEN Properties) Cash-to-Debt : No Debt (1) (As of Mar. 2023)