BP Prudhoe Bay Royalty Trust (BP Prudhoe Bay Royalty Trust) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

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. BP Prudhoe Bay Royalty Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, BP Prudhoe Bay Royalty Trust could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for BP Prudhoe Bay Royalty Trust's Cash-to-Debt or its related term are showing as below:

BPT' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, BP Prudhoe Bay Royalty Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

BPT's Cash-to-Debt is ranked better than
99.9% of 1024 companies
in the Oil & Gas industry
Industry Median: 0.5 vs BPT: No Debt

BP Prudhoe Bay Royalty Trust Cash-to-Debt Historical Data

The historical data trend for BP Prudhoe Bay Royalty Trust'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.

* Premium members only.

BP Prudhoe Bay Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

BP Prudhoe Bay Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Oil & Gas Midstream subindustry, BP Prudhoe Bay Royalty Trust'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.

BP Prudhoe Bay Royalty Trust Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, BP Prudhoe Bay Royalty Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BP Prudhoe Bay Royalty Trust's Cash-to-Debt falls into.

BP Prudhoe Bay Royalty Trust 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.

BP Prudhoe Bay Royalty Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

BP Prudhoe Bay Royalty Trust had no debt ⁽¹⁾.

BP Prudhoe Bay Royalty Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

BP Prudhoe Bay Royalty Trust had no debt ⁽¹⁾.

BP Prudhoe Bay Royalty Trust (NYSE:BPT) 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.

BP Prudhoe Bay Royalty Trust Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of BP Prudhoe Bay Royalty Trust's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

BP Prudhoe Bay Royalty Trust (BP Prudhoe Bay Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BP Prudhoe Bay Royalty Trust (NYSE:BPT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BMI:Germany BMI:Germany

Address

601 Travis Street, Floor 16, Houston, TX, USA, 77002

Website

http://www.bnymellon.com

BP Prudhoe Bay Royalty Trust is a grantor trust operating in the US. The property of the Trust consists of an overriding royalty interest. The Royalty Interest entitles the Trust to receive the royalty from the production of crude oil and condensate from the working interest of BP Exploration (Alaska) Inc. in the Prudhoe Bay oil field located on the North Slope of Alaska.