Kinetiko Energy (ASX:KKO) Cash-to-Debt : 3.01 (As of Dec. 2023)

Kinetiko Energy Cash-to-Debt Chart

Kinetiko Energy Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Cash-to-Debt		Get a 7-Day Free Trial					No Debt	No Debt	No Debt	5.40	No Debt

Kinetiko Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	5.40	No Debt	No Debt	3.01

Competitive Comparison of Kinetiko Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Kinetiko Energy'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.

Kinetiko Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinetiko Energy's Cash-to-Debt distribution charts can be found below:

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

Kinetiko Energy 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.

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

Kinetiko Energy had no debt ⁽¹⁾.

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

* 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.

Kinetiko Energy  (ASX:KKO) 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.

Kinetiko Energy Cash-to-Debt Related Terms

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Kinetiko Energy (ASX:KKO) Business Description