Polyard Petroleum International Group (HKSE:08011) Cash-to-Debt : N/A (As of Sep. 2022)

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What is Polyard Petroleum International 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. Polyard Petroleum International Group's cash to debt ratio for the quarter that ended in Sep. 2022 was N/A.

The historical rank and industry rank for Polyard Petroleum International Group's Cash-to-Debt or its related term are showing as below:

HKSE:08011's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Polyard Petroleum International Group Cash-to-Debt Historical Data

The historical data trend for Polyard Petroleum International 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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Polyard Petroleum International Group Cash-to-Debt Chart

Polyard Petroleum International Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.03

Polyard Petroleum International Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial															N/A	-	N/A	-	N/A

Competitive Comparison of Polyard Petroleum International Group's Cash-to-Debt

For the Oil & Gas E&P subindustry, Polyard Petroleum International 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.

Polyard Petroleum International Group's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Polyard Petroleum International Group's Cash-to-Debt falls into.

Polyard Petroleum International 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.

Polyard Petroleum International Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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	/	(78.421	+	0)
	=	0.00

Polyard Petroleum International Group's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

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

Polyard Petroleum International Group (HKSE:08011) 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.

Polyard Petroleum International Group Cash-to-Debt Related Terms

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Polyard Petroleum International Group (HKSE:08011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Polyard Petroleum International Group Ltd (HKSE:08011) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.2 Wing Yip Street, Unit 06, 4th Floor, Lu Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.ppig.com.hk

Polyard Petroleum International Group Ltd is engaged in the exploration, development, and production of oil and natural gas. The operating segments of the company are the exploration of oil, natural gas and coal, trading of petroleum-related products, and provision of technical services for oil and gas exploration and development.

Executives

He Rong Guo	2101 Beneficial owner
Silver Star Enterprises Holdings Inc.	2101 Beneficial owner
Guoxiang Holdings (hong Kong) Limited	2101 Beneficial owner
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
China Construction Bank Corporation	2201 Interest of corporation controlled by you
Li Suiqing	2201 Interest of corporation controlled by you
East Asia Oil Engineering Group Limited	2101 Beneficial owner
Inwood Support Limited	2201 Interest of corporation controlled by you
Lam Nam	2101 Beneficial owner

Polyard Petroleum International Group (HKSE:08011) Headlines

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