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Aamaxan Transport Group (Aamaxan Transport Group) Cash-to-Debt : No Debt (1) (As of Jun. 2008)


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What is Aamaxan Transport Group 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. Aamaxan Transport Group's cash to debt ratio for the quarter that ended in Jun. 2008 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, Aamaxan Transport Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 2008.

(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 Aamaxan Transport Group's Cash-to-Debt or its related term are showing as below:

AAXT's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.45
* Ranked among companies with meaningful Cash-to-Debt only.

Aamaxan Transport Group Cash-to-Debt Historical Data

The historical data trend for Aamaxan Transport Group'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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Aamaxan Transport Group Cash-to-Debt Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Cash-to-Debt
N/A N/A

Aamaxan Transport Group Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only N/A N/A N/A No Debt No Debt

Competitive Comparison of Aamaxan Transport Group's Cash-to-Debt

For the Shell Companies subindustry, Aamaxan Transport Group'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.


Aamaxan Transport Group's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aamaxan Transport Group's Cash-to-Debt distribution charts can be found below:

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



Aamaxan Transport Group 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.

Aamaxan Transport Group's Cash to Debt Ratio for the fiscal year that ended in Jan. 2007 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Aamaxan Transport Group's Cash to Debt Ratio for the quarter that ended in Jun. 2008 is calculated as:

Aamaxan Transport Group had no debt (1).

* 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.


Aamaxan Transport Group  (GREY:AAXT) 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.


Aamaxan Transport Group Cash-to-Debt Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

Aamaxan Transport Group (Aamaxan Transport Group) Headlines

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