AmmPower (XCNQ:AMMP) Cash-to-Debt : 0.01 (As of Feb. 2024)

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What is AmmPower 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. AmmPower's cash to debt ratio for the quarter that ended in Feb. 2024 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, AmmPower couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XCNQ:AMMP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.4 Max: No Debt
Current: 0.01

During the past 4 years, AmmPower's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 0.40.

XCNQ:AMMP's Cash-to-Debt is ranked worse than
97.69% of 2642 companies
in the Metals & Mining industry
Industry Median: 18.42 vs XCNQ:AMMP: 0.01

AmmPower Cash-to-Debt Historical Data

The historical data trend for AmmPower'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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AmmPower Cash-to-Debt Chart

AmmPower Annual Data

Trend

May20

May21

May22

May23

Cash-to-Debt

No Debt

0.40

0.03

AmmPower Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial											0.02	0.03	0.01	-	0.01

Competitive Comparison of AmmPower's Cash-to-Debt

For the Gold subindustry, AmmPower'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.

AmmPower's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AmmPower's Cash-to-Debt distribution charts can be found below:

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

AmmPower 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.

AmmPower's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	0.059	/	(0.765	+	1.197)
	=	0.03

AmmPower's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	0.015	/	(0.727	+	1.194)
	=	0.01

AmmPower (XCNQ:AMMP) 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.

AmmPower Cash-to-Debt Related Terms

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AmmPower (XCNQ:AMMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AmmPower Corp (XCNQ:AMMP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AMMPF:USA 601A:Germany

Address

5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1

Website

https://www.ammpower.com

AmmPower Corp is a clean energy company focused on the production of green ammonia. It is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the 'cracking', or moving of green hydrogen as ammonia. The Company operates in one business segment: which is the development of a proprietary technology to produce green ammonia, a carbon-free fertilizer and energy carrier. The company operates in Australia, which gives majority of the revenue and Canada.

Executives

Aberdeen International Inc.

10% Security Holder

AmmPower (XCNQ:AMMP) Headlines

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