Challenger Energy Group (Challenger Energy Group) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2023)

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What is Challenger Energy Group 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. Challenger Energy Group's cash to debt ratio for the quarter that ended in Jun. 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, Challenger Energy Group could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Challenger Energy Group's Cash-to-Debt or its related term are showing as below:

BSHPY' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.79 Med: No Debt Max: No Debt
Current: 121.39

During the past 13 years, Challenger Energy Group's highest Cash to Debt Ratio was No Debt. The lowest was 1.79. And the median was No Debt.

BSHPY's Cash-to-Debt is ranked better than
85.1% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs BSHPY: 121.39

Challenger Energy Group Cash-to-Debt Historical Data

The historical data trend for Challenger Energy Group'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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Challenger Energy Group Cash-to-Debt Chart

Challenger Energy Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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No Debt

54.40

7.97

1.80

229.27

Challenger Energy Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															5.61	1.80	21.15	229.27	No Debt

Competitive Comparison of Challenger Energy Group's Cash-to-Debt

For the Oil & Gas E&P subindustry, Challenger Energy Group'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.

Challenger Energy Group's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Challenger Energy Group 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.

Challenger Energy Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	5.044	/	(0.022	+	0)
	=	229.27

Challenger Energy Group's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Challenger Energy Group had no debt ⁽¹⁾.

Challenger Energy Group (OTCPK:BSHPY) 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.

Challenger Energy Group Cash-to-Debt Related Terms

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

Challenger Energy Group (Challenger Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Challenger Energy Group PLC (OTCPK:BSHPY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BSHPF:USA CEG:UK CEG:UK BPV0:Germany

Address

Alexandra Road, The Engine House, Castletown, IMN, IM9 1TG

Website

https://www.cegplc.com

Challenger Energy Group PLC is an Caribbean and Atlantic margin Based oil and gas exploration company. All of its business activities related to oil and gas exploration &production, development, appraisal activities in Uruguay, Trinidad and Tobago, Suriname, and The Bahamas. The company is engaged in evaluating and realizing the potential of carbonate reservoir systems contained in operating leases in Bahamian waters.

Challenger Energy Group (Challenger Energy Group) Headlines

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Challenger Energy Group (Challenger Energy Group) Cash-to-Debt : No Debt (1) (As of Jun. 2023)