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Strike EnergyASX:STX 18 Cash-to-Debt is 0.64 as of Dec. 2025, which is 64% below its 10-year median of 1.80. GuruFocus rates ASX:STX with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 987 Oil & Gas companies, Strike Energy ranks better than 51.98% on this metric.
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. Strike Energy's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.64.
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, Strike Energycouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Strike Energy's Cash-to-Debt or its related term are showing as below:
ASX:STX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 1.8 Max: No Debt
Current: 0.64
During the past 13 years, Strike Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 1.80.
ASX:STX's Cash-to-Debt is ranked better than 51.98% of 987
companies
in the Oil & Gas industry
Industry Median: 0.56
vs ASX:STX: 0.64
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.
Strike Energy Cash-to-Debt Related Terms
Strike Energy Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Strike 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.
For the Oil & Gas E&P subindustry, Strike 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.
Strike Energy Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Strike Energy's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Strike Energy's Cash-to-Debt falls into.
* 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.
Strike Energy (ASX:STX) has a Cash-to-Debt of 0.64 as of Dec. 2025. This is 64% below median its historical median of 1.80. Over the past decade, Strike Energy's Cash-to-Debt has ranged from 0.24 to 10,000.00. According to the industry distribution chart, Strike Energy ranks #474 out of 987 companies in the Oil & Gas industry, placing it in the top 48%.
Is Strike Energy's Cash-to-Debt too high?
Strike Energy's current Cash-to-Debt of 0.64 is 64% below median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 10,000.00. The Oil & Gas industry median Cash-to-Debt is 0.56. Strike Energy's value of 0.64 is 14.3% above this industry median. Based on the distribution chart, Strike Energy ranks #474 out of 987 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Strike Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Strike Energy's Cash-to-Debt compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Strike Energy ranks #474 out of 987 companies for Cash-to-Debt. This puts Strike Energy in the upper half of its industry. The industry median Cash-to-Debt is 0.56. Strike Energy's value of 0.64 is 14.3% above this benchmark. Historically, Strike Energy's own Cash-to-Debt has ranged from 0.24 to 10,000.00 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 0.56, Strike Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Oil & Gas company?
The median Cash-to-Debt among Oil & Gas companies is 0.56, based on 987 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Strike Energy's current Cash-to-Debt of 0.64 is 14.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Cash-to-Debt is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strike Energy's current Cash-to-Debt is 0.64, which is 64% below median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strike Energy stock overvalued right now?
Strike Energy (ASX:STX) has a current Cash-to-Debt of 0.64. The current Cash-to-Debt is 0.64, which is 64% below median its 10-year median of 1.80 and 14.3% above the Oil & Gas industry median of 0.56. Strike Energy's overall GF Score™ is 18/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Strike Energy (ASX:STX), the current Cash-to-Debt is 0.64 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become large at 520 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production generate material cash flows, albeit with a short life. Strike is targeting up to four gas fields ultimately coming online, including via power station developments. In addition to Walyering, these include South Erregulla, West Erregulla, and Ocean Hill.
18GF Score
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