Predator Oil & Gas Holdings (LSE:PRD) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Predator Oil & Gas Holdings 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. Predator Oil & Gas Holdings'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, Predator Oil & Gas Holdings 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 Predator Oil & Gas Holdings's Cash-to-Debt or its related term are showing as below:

LSE:PRD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: No Debt Max: No Debt
Current: 3.33

During the past 7 years, Predator Oil & Gas Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was No Debt.

LSE:PRD's Cash-to-Debt is ranked better than
72.54% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs LSE:PRD: 3.33

Predator Oil & Gas Holdings Cash-to-Debt Historical Data

The historical data trend for Predator Oil & Gas Holdings'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.

* Premium members only.

Predator Oil & Gas Holdings Cash-to-Debt Chart

Predator Oil & Gas Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.12

No Debt

6.48

No Debt

Predator Oil & Gas Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial								No Debt	No Debt	6.48	0.51	No Debt

Competitive Comparison of Predator Oil & Gas Holdings's Cash-to-Debt

For the Oil & Gas E&P subindustry, Predator Oil & Gas Holdings'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.

Predator Oil & Gas Holdings's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Predator Oil & Gas Holdings's Cash-to-Debt falls into.

Predator Oil & Gas Holdings 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.

Predator Oil & Gas Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Predator Oil & Gas Holdings had no debt ⁽¹⁾.

Predator Oil & Gas Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Predator Oil & Gas Holdings had no debt ⁽¹⁾.

Predator Oil & Gas Holdings (LSE:PRD) 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.

Predator Oil & Gas Holdings Cash-to-Debt Related Terms

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

Predator Oil & Gas Holdings (LSE:PRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Predator Oil & Gas Holdings PLC (LSE:PRD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1EM:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.predatoroilandgas.com

Predator Oil & Gas Holdings PLC is engaged in the exploration, appraisal, and development of oil and gas assets. The company has interests in three geographical segments namely Africa, Europe, and the Caribbean.

Predator Oil & Gas Holdings (LSE:PRD) Headlines

No Headlines

Predator Oil & Gas Holdings (LSE:PRD) Cash-to-Debt : No Debt (1) (As of Dec. 2023)