African Potash (LSE:AFPO) Cash-to-Debt : 0.29 (As of Jun. 2016)

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What is African Potash 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. African Potash's cash to debt ratio for the quarter that ended in Jun. 2016 was 0.29.

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, African Potash couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2016.

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

LSE:AFPO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: No Debt Max: No Debt
Current: 0.29

During the past 5 years, African Potash's highest Cash to Debt Ratio was No Debt. The lowest was 0.29. And the median was No Debt.

LSE:AFPO's Cash-to-Debt is not ranked
in the Agriculture industry.
Industry Median: 0.65 vs LSE:AFPO: 0.29

African Potash Cash-to-Debt Historical Data

The historical data trend for African Potash'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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African Potash Cash-to-Debt Chart

African Potash Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Cash-to-Debt

No Debt

0.29

African Potash Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	0.44	0.29

Competitive Comparison of African Potash's Cash-to-Debt

For the Agricultural Inputs subindustry, African Potash'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.

African Potash's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, African Potash's Cash-to-Debt distribution charts can be found below:

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

African Potash 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.

African Potash's Cash to Debt Ratio for the fiscal year that ended in Jun. 2016 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)
	=	0.204	/	(0.707	+	0)
	=	0.29

African Potash's Cash to Debt Ratio for the quarter that ended in Jun. 2016 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)
	=	0.204	/	(0.707	+	0)
	=	0.29

African Potash (LSE:AFPO) 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.

African Potash Cash-to-Debt Related Terms

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African Potash (LSE:AFPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » African Potash Ltd (LSE:AFPO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ

Website

http://www.blockcommodities.com

Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.

African Potash (LSE:AFPO) Headlines

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