PT Golden Eagle Energy Tbk (ISX:SMMT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is PT Golden Eagle Energy Tbk 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. PT Golden Eagle Energy Tbk's cash to debt ratio for the quarter that ended in Mar. 2024 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, PT Golden Eagle Energy Tbk could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(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 PT Golden Eagle Energy Tbk's Cash-to-Debt or its related term are showing as below:

ISX:SMMT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.35 Max: No Debt
Current: No Debt

During the past 13 years, PT Golden Eagle Energy Tbk's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.35.

ISX:SMMT's Cash-to-Debt is ranked better than
99.44% of 178 companies
in the Other Energy Sources industry
Industry Median: 1.915 vs ISX:SMMT: No Debt

PT Golden Eagle Energy Tbk Cash-to-Debt Historical Data

The historical data trend for PT Golden Eagle Energy Tbk'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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PT Golden Eagle Energy Tbk Cash-to-Debt Chart

PT Golden Eagle Energy Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.34

0.29

1.23

No Debt

PT Golden Eagle Energy Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of PT Golden Eagle Energy Tbk's Cash-to-Debt

For the Thermal Coal subindustry, PT Golden Eagle Energy Tbk'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.

PT Golden Eagle Energy Tbk's Cash-to-Debt Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Golden Eagle Energy Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Golden Eagle Energy Tbk's Cash-to-Debt falls into.

PT Golden Eagle Energy Tbk 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.

PT Golden Eagle Energy Tbk's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

PT Golden Eagle Energy Tbk had no debt ⁽¹⁾.

PT Golden Eagle Energy Tbk's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

PT Golden Eagle Energy Tbk had no debt ⁽¹⁾.

PT Golden Eagle Energy Tbk (ISX:SMMT) 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.

PT Golden Eagle Energy Tbk Cash-to-Debt Related Terms

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PT Golden Eagle Energy Tbk (ISX:SMMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Golden Eagle Energy Tbk (ISX:SMMT) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Jl. DR. Ide Anak Agung Gde Agung Lot No. 5.1, Menara Rajawali 7th floor, Kawasan Mega Kuningan, Jakarta, IDN, 12950

Website

https://www.go-eagle.co.id

PT Golden Eagle Energy Tbk is a mining company. The company's main product is coal, which is produced and sold by the company through its subsidiaries. The Company's coal reserve consists of subbituminous coal characterized by relatively low sulfur and ash content. The demand for this type of coal comes from domestic and international markets, particularly Asia, to meet the needs of power plants and cement industry The other supporting activities of the company are in the field of service, trading, construction, industry, and land transportation. The group produces and sells sub-bituminous coal with relatively low sulfur and ash content.