Strata Power (Strata Power) Cash-to-Debt : 6.00 (As of Dec. 2023)

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What is Strata Power 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. Strata Power's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.00.

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, Strata Power could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Strata Power's Cash-to-Debt or its related term are showing as below:

SPOWF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 2.04 Max: No Debt
Current: 6

During the past 13 years, Strata Power's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 2.04.

SPOWF's Cash-to-Debt is ranked better than
75.66% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs SPOWF: 6.00

Strata Power Cash-to-Debt Historical Data

The historical data trend for Strata Power'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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Strata Power Cash-to-Debt Chart

Strata Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.63

2.44

0.24

9.00

6.00

Strata Power Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.63	2.44	0.24	9.00	6.00

Competitive Comparison of Strata Power's Cash-to-Debt

For the Oil & Gas E&P subindustry, Strata Power'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.

Strata Power's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Strata Power 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.

Strata Power's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.054	/	(0.009	+	0)
	=	6.00

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

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.054	/	(0.009	+	0)
	=	6.00

Strata Power (OTCPK:SPOWF) 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.

Strata Power Cash-to-Debt Related Terms

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Strata Power (Strata Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strata Power Corp (OTCPK:SPOWF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6

Website

http://www.strataoil.com

Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.

Executives

Duncan Budge

director

4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2