VOC Energy Trust (VOC Energy Trust) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is VOC Energy Trust 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. VOC Energy 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, VOC Energy 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 VOC Energy Trust's Cash-to-Debt or its related term are showing as below:

VOC' 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, VOC Energy Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

VOC's Cash-to-Debt is ranked better than
99.9% of 1024 companies
in the Oil & Gas industry
Industry Median: 0.505 vs VOC: No Debt

VOC Energy Trust Cash-to-Debt Historical Data

The historical data trend for VOC Energy 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.

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VOC Energy Trust Cash-to-Debt Chart

VOC Energy Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

VOC Energy 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	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of VOC Energy Trust's Cash-to-Debt

For the Oil & Gas E&P subindustry, VOC Energy 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.

VOC Energy Trust's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where VOC Energy Trust's Cash-to-Debt falls into.

VOC Energy 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.

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

VOC Energy Trust had no debt ⁽¹⁾.

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

VOC Energy Trust had no debt ⁽¹⁾.

VOC Energy Trust (NYSE:VOC) 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.

VOC Energy Trust Cash-to-Debt Related Terms

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VOC Energy Trust (VOC Energy Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » VOC Energy Trust (NYSE:VOC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002

Website

https://voc.q4web.com

VOC Energy Trust is a statutory trust. It is created to acquire and hold a term net profits interest for the benefit of the Trust unitholders. The underlying properties include VOC Brazos' net interests which are located in the states of Kansas and Texas. The trust is entitled to receive most of the net proceeds from the sale of production of oil and natural gas attributable to the underlying properties.