Standard Supply AS (OSL:STSU) Cash-to-Debt : 33.84 (As of Dec. 2023)

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What is Standard Supply AS 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. Standard Supply AS's cash to debt ratio for the quarter that ended in Dec. 2023 was 33.84.

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, Standard Supply AS 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 Standard Supply AS's Cash-to-Debt or its related term are showing as below:

OSL:STSU' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.34 Med: 11.51 Max: 33.84
Current: 33.84

During the past 3 years, Standard Supply AS's highest Cash to Debt Ratio was 33.84. The lowest was 3.34. And the median was 11.51.

OSL:STSU's Cash-to-Debt is ranked better than
81.4% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs OSL:STSU: 33.84

Standard Supply AS Cash-to-Debt Historical Data

The historical data trend for Standard Supply AS'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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Standard Supply AS Cash-to-Debt Chart

Standard Supply AS Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

11.51

3.34

33.84

Standard Supply AS Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					3.34	2.17	1.93	2.37	33.84

Competitive Comparison of Standard Supply AS's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Standard Supply AS'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.

Standard Supply AS's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Standard Supply AS's Cash-to-Debt falls into.

Standard Supply AS 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.

Standard Supply AS'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)
	=	944.53	/	(27.914	+	0)
	=	33.84

Standard Supply AS'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)
	=	944.53	/	(27.914	+	0)
	=	33.84

Standard Supply AS (OSL:STSU) 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.

Standard Supply AS Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Standard Supply AS's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Standard Supply AS (OSL:STSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Standard Supply AS (OSL:STSU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

D6Z:Germany

Address

Sjolyst Plass 2, Oslo, NOR, 0278

Website

https://www.standard-supply.com

Standard Supply AS is a holding company for companies holding various offshore support vessels focusing on operations in the North Sea region. The company owns approximately a fleet of 8 platform supply vessels (3 wholly owned and 5 partially owned through Northern Supply AS), serving the offshore oil & gas industry. It engages in acquiring and operating offshore supply vessels , also through active investments and investment in vessels, and other investments.

Standard Supply AS (OSL:STSU) Headlines

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