HNO International (HNO International) Cash-to-Debt : 0.05 (As of Jan. 2024)

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What is HNO International 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. HNO International's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.05.

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, HNO International couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

HNOI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.86
Current: 0.05

During the past 7 years, HNO International's highest Cash to Debt Ratio was 0.86. The lowest was 0.04. And the median was 0.11.

HNOI's Cash-to-Debt is ranked worse than
92.92% of 791 companies
in the Capital Markets industry
Industry Median: 1.83 vs HNOI: 0.05

HNO International Cash-to-Debt Historical Data

The historical data trend for HNO International'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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HNO International Cash-to-Debt Chart

HNO International Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Oct10

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

N/A

No Debt

0.04

0.17

HNO International Quarterly Data
	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.04	N/A	0.86	0.17	0.05

Competitive Comparison of HNO International's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, HNO International'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.

HNO International's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HNO International's Cash-to-Debt distribution charts can be found below:

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

HNO International 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.

HNO International's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	0.235	/	(0.785	+	0.59)
	=	0.17

HNO International's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	0.069	/	(0.785	+	0.59)
	=	0.05

HNO International (OTCPK:HNOI) 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.

HNO International Cash-to-Debt Related Terms

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

HNO International (HNO International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HNO International Inc (OTCPK:HNOI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

41558 Eastman Drive, Suite B, Murrieta, CA, USA, 92562

Website

https://www.hnointernational.com

HNO International Inc is engaged in providing custom engineering and innovative green hydrogen technologies to help the world transition from fossil fuels to clean energy. The Company focuses on systems engineering design, integration, and product development for the generation of green hydrogen-based solutions to help businesses and communities decarbonize in the near term.

Executives

Hossein Haririnia	director, officer: Treasurer	41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Paul H Mueller	officer: President, CEO and Secretary	41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Donald W Owens	director, 10 percent owner	42309 WINCHESTER ROAD, SUITE E, TEMECULA CA 92590
William E Parker	director	3220 ALABAMA AVENUE SE, WASHINGTON DC 20020
Thomas Gelfand	director, 10 percent owner, officer: PRES, CEO, TRES, CFO, SECR	5050 KINGSWAY,, BURNABY, BC A1 V5H 4H2

HNO International (HNO International) Headlines

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