Olivier Ventures (TSXV:OVL) Cash-to-Debt : 0.00 (As of Jan. 2024)

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What is Olivier Ventures 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. Olivier Ventures's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Olivier Ventures couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

During the past 13 years, Olivier Ventures's highest Cash to Debt Ratio was 0.01. The lowest was 0.00. And the median was 0.00.

TSXV:OVL's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Cash-to-Debt only.

Olivier Ventures Cash-to-Debt Historical Data

The historical data trend for Olivier Ventures'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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Olivier Ventures Cash-to-Debt Chart

Olivier Ventures Annual Data

Trend

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Cash-to-Debt

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Olivier Ventures Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Olivier Ventures's Cash-to-Debt

For the Oil & Gas E&P subindustry, Olivier Ventures'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.

Olivier Ventures's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Olivier Ventures 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.

Olivier Ventures's Cash to Debt Ratio for the fiscal year that ended in Jul. 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	/	(0.25	+	0)
	=	0.00

Olivier Ventures's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	0.001	/	(0.25	+	0)
	=	0.00

Olivier Ventures (TSXV:OVL) 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.

Olivier Ventures Cash-to-Debt Related Terms

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Olivier Ventures (TSXV:OVL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Olivier Ventures Inc (TSXV:OVL) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.pacificparagon.com

Olivier Ventures Inc is principally engaged in the acquisition, exploration, and development of oil and gas properties located in North America. The company owns an interest in Taber Property.