Blue Sky Global Energy (TSXV:BGE) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

Blue Sky Global Energy Cash-to-Debt Chart

Blue Sky Global Energy Annual Data
	Trend	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec21	Dec22	Dec23
Cash-to-Debt		Get a 7-Day Free Trial				6.62	No Debt	-	No Debt	No Debt

Blue Sky Global Energy Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Blue Sky Global Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Blue Sky Global Energy'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.

Blue Sky Global Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Blue Sky Global Energy's Cash-to-Debt falls into.

Blue Sky Global Energy 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.

Blue Sky Global Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Blue Sky Global Energy had no debt ⁽¹⁾.

Blue Sky Global Energy's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Blue Sky Global Energy had no debt ⁽¹⁾.

* 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.

Blue Sky Global Energy  (TSXV:BGE) 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.

Blue Sky Global Energy Cash-to-Debt Related Terms

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

Blue Sky Global Energy (TSXV:BGE) Business Description