Gulf Keystone Petroleum (CHIX:GKPL) Cash-to-Debt : 204.92 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Gulf Keystone Petroleum 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. Gulf Keystone Petroleum's cash to debt ratio for the quarter that ended in Dec. 2023 was 204.92.

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, Gulf Keystone Petroleum could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Gulf Keystone Petroleum's Cash-to-Debt or its related term are showing as below:

CHIX:GKPl' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 1.67 Max: 204.92
Current: 204.92

During the past 13 years, Gulf Keystone Petroleum's highest Cash to Debt Ratio was 204.92. The lowest was 0.08. And the median was 1.67.

CHIX:GKPl's Cash-to-Debt is ranked better than
86.47% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs CHIX:GKPl: 204.92

Gulf Keystone Petroleum Cash-to-Debt Historical Data

The historical data trend for Gulf Keystone Petroleum'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.

* Premium members only.

Gulf Keystone Petroleum Cash-to-Debt Chart

Gulf Keystone Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.94

1.47

1.69

168.22

204.92

Gulf Keystone Petroleum Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.69	2.31	168.22	139.27	204.92

Competitive Comparison of Gulf Keystone Petroleum's Cash-to-Debt

For the Oil & Gas E&P subindustry, Gulf Keystone Petroleum'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.

Gulf Keystone Petroleum's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gulf Keystone Petroleum's Cash-to-Debt falls into.

Gulf Keystone Petroleum 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.

Gulf Keystone Petroleum'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)
	=	64.55	/	(0.284	+	0.031)
	=	204.92

Gulf Keystone Petroleum's Cash to Debt Ratio for the quarter 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)
	=	64.55	/	(0.284	+	0.031)
	=	204.92

Gulf Keystone Petroleum (CHIX:GKPl) 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.

Gulf Keystone Petroleum Cash-to-Debt Related Terms

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

Gulf Keystone Petroleum (CHIX:GKPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulf Keystone Petroleum Ltd (CHIX:GKPl) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GUKYF:USA GKP:UK GVP1:Germany

Address

C/o Coson Corporate Services Limited, 41 Cedar Avenue, Cedar House, 3rd Floor, Hamilton, BMU, HM12

Website

https://www.gulfkeystone.com

Gulf Keystone Petroleum Ltd is a holding company, which is engaged in oil and gas exploration and production. It mainly operates in the Kurdistan Region of Iraq, the Republic of Algeria, and Others. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks, and the Erbil office, which provides support to the operations in Kurdistan. It generates its revenues from the sale of oil.

Gulf Keystone Petroleum (CHIX:GKPL) Headlines

No Headlines