United Express (United Express) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is United Express 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. United Express's cash to debt ratio for the quarter that ended in Dec. 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, United Express could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 United Express's Cash-to-Debt or its related term are showing as below:

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

During the past 6 years, United Express's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

UNXP's Cash-to-Debt is not ranked
in the Transportation industry.
Industry Median: 0.49 vs UNXP: No Debt

United Express Cash-to-Debt Historical Data

The historical data trend for United Express'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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United Express Cash-to-Debt Chart

United Express Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

United Express Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of United Express's Cash-to-Debt

For the Trucking subindustry, United Express'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.

United Express's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Express's Cash-to-Debt distribution charts can be found below:

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

United Express 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.

United Express's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

United Express had no debt ⁽¹⁾.

United Express's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

United Express had no debt ⁽¹⁾.

United Express (OTCPK:UNXP) 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.

United Express Cash-to-Debt Related Terms

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

United Express (United Express) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Express Inc (OTCPK:UNXP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4345 W. Post Road, Las Vegas, NV, USA, 89118

Website

https://www.unitedexpress.in

United Express Inc is engaged in providing service for long and short distance logistics for clients in the company's target market area. It operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State. The firm offers various services such as logistics, commodities freight and transportation, carriers, consistent fleet, and other related services. It generates its revenue from transportation service and logistics. The United Express operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State.

United Express (United Express) Headlines

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United Express (United Express) Cash-to-Debt : No Debt (1) (As of Dec. 2023)