Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Cash-to-Debt

: 0.25 (As of Dec. 2023)

View and export this data going back to 2003. 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. Petroleo Brasileiro Petrobras's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.25.

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, Petroleo Brasileiro Petrobras couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

PBR.A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.19 Max: 0.25
Current: 0.25

During the past 13 years, Petroleo Brasileiro Petrobras's highest Cash to Debt Ratio was 0.25. The lowest was 0.10. And the median was 0.19.

PBR.A's Cash-to-Debt is ranked worse than
65.4% of 1023 companies
in the Oil & Gas industry
Industry Median: 0.51 vs PBR.A: 0.25

Petroleo Brasileiro Petrobras Cash-to-Debt Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.16

0.19

0.20

0.25

Petroleo Brasileiro Petrobras 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	Get a 7-Day Free Trial															0.20	0.25	0.22	0.22	0.25

Competitive Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Cash-to-Debt Distribution

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

* The bar in red indicates where Petroleo Brasileiro Petrobras's Cash-to-Debt falls into.

Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras'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)
	=	15398.148	/	(11412.419	+	50592.218)
	=	0.25

Petroleo Brasileiro Petrobras'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)
	=	15398.148	/	(11412.419	+	50592.218)
	=	0.25

Petroleo Brasileiro Petrobras (NYSE:PBR.A) 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.

Petroleo Brasileiro Petrobras Cash-to-Debt Related Terms

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

Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (NYSE:PBR.A) » Definitions » Cash-to-Debt

Traded in Other Exchanges

PBR:USA PBRN:Mexico PBRA:Mexico XPBRA:Spain XPBR:Spain PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PETR4:Brazil PETR3:Brazil

Address

Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912

Website

https://www.petrobras.com.br

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.