Po Valley Energy (ASX:PVE) Cash-to-Debt : 27.44 (As of Jun. 2024)

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What is Po Valley Energy 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. Po Valley Energy's cash to debt ratio for the quarter that ended in Jun. 2024 was 27.44.

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, Po Valley Energy could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ASX:PVE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.64 Max: No Debt
Current: 27.44

During the past 13 years, Po Valley Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.64.

ASX:PVE's Cash-to-Debt is ranked better than
81.05% of 987 companies
in the Oil & Gas industry
Industry Median: 0.52 vs ASX:PVE: 27.44

Po Valley Energy Cash-to-Debt Historical Data

The historical data trend for Po Valley Energy'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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Po Valley Energy Cash-to-Debt Chart

Po Valley Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

1.13

11.01

10.01

Po Valley Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	11.01	7.35	10.01	27.44

Competitive Comparison of Po Valley Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Po Valley Energy'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.

Po Valley Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Po Valley Energy 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.

Po Valley Energy'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)
	=	2.041	/	(0.041	+	0.163)
	=	10.00

Po Valley Energy's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	5.048	/	(0.041	+	0.143)
	=	27.43

Po Valley Energy (ASX:PVE) 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.

Po Valley Energy Cash-to-Debt Related Terms

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Po Valley Energy Business Description

Industry

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Address

191 St Georges Terrace, Level 5, Perth, WA, AUS, 6000

Website

https://www.povalley.com

Po Valley Energy Ltd is an oil and gas exploration and development company. It is involved in the exploration, appraisal and development of and production from gas properties in the Po Valley region in Italy and is a for profit entity. Po Valley Energy is currently developing two of its natural gas fields, onshore Selva Malvezzi and offshore Teodorico (AR94PY), which are fully drilled and Selva.

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