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CanAsia EnergyCECAF +2.36%34 Cash-to-Debt is 43.27 as of Mar. 2026, which is 91% below its 10-year median of 457.00. GuruFocus rates CECAF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 984 Oil & Gas companies, CanAsia Energy ranks better than 83.33% 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. CanAsia Energy's cash to debt ratio for the quarter that ended in Mar. 2026 was 43.27.
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, CanAsia Energycould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for CanAsia Energy's Cash-to-Debt or its related term are showing as below:
CECAF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 43.17 Med: 457 Max: No Debt
Current: 43.17
During the past 4 years, CanAsia Energy's highest Cash to Debt Ratio was No Debt. The lowest was 43.17. And the median was 457.00.
CECAF's Cash-to-Debt is ranked better than 83.33% of 984
companies
in the Oil & Gas industry
Industry Median: 0.54
vs CECAF: 43.17
CanAsia Energy (OTCPK:CECAF) 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.
CanAsia Energy Cash-to-Debt Related Terms
CanAsia Energy Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for CanAsia 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, CanAsia 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.
CanAsia Energy Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CanAsia Energy's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where CanAsia 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.
CanAsia Energy (CECAF) has a Cash-to-Debt of 43.27 as of Mar. 2026. This is 91% below median its historical median of 457.00. Over the past decade, CanAsia Energy's Cash-to-Debt has ranged from 43.17 to 10,000.00. According to the industry distribution chart, CanAsia Energy ranks #164 out of 984 companies in the Oil & Gas industry, placing it in the top 16.7%.
Is CanAsia Energy's Cash-to-Debt too high?
CanAsia Energy's current Cash-to-Debt of 43.27 is 91% below median its 10-year median of 457.00. Over the past 10 years, this metric has ranged from a low of 43.17 to a high of 10,000.00. The Oil & Gas industry median Cash-to-Debt is 0.54. CanAsia Energy's value of 43.27 is 7913% above this industry median. Based on the distribution chart, CanAsia Energy ranks #164 out of 984 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, CanAsia Energy has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does CanAsia Energy's Cash-to-Debt compare to COP and EOG?
According to the Oil & Gas industry distribution chart, CanAsia Energy ranks #164 out of 984 companies for Cash-to-Debt. This places CanAsia Energy in the top 17% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.54. CanAsia Energy's value of 43.27 is 7913% above this benchmark. Historically, CanAsia Energy's own Cash-to-Debt has ranged from 43.17 to 10,000.00 over the past decade. While the company's 10-year median is 457.00 vs. the industry median of 0.54, CanAsia 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 0.54, based on 984 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. CanAsia Energy's current Cash-to-Debt of 43.27 is 7913% 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 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CanAsia Energy's current Cash-to-Debt is 43.27, which is 91% below median its own 10-year median of 457.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanAsia Energy stock overvalued right now?
CanAsia Energy (CECAF) has a current Cash-to-Debt of 43.27. The current Cash-to-Debt is 43.27, which is 91% below median its 10-year median of 457.00 and 7913% above the Oil & Gas industry median of 0.54. CanAsia Energy's overall GF Score™ is 34/100 with 2 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 CanAsia Energy (CECAF), the current Cash-to-Debt is 43.27 as of Mar. 2026. 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.
CanAsia Energy Corp is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The company has interest in Sawn Lake, Alberta.
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