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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. CoJax Oil & Gas's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.49.
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, CoJax Oil & Gascouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for CoJax Oil & Gas's Cash-to-Debt or its related term are showing as below:
CJAX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.46 Max: 1.01
Current: 0.49
During the past 8 years, CoJax Oil & Gas's highest Cash to Debt Ratio was 1.01. The lowest was 0.01. And the median was 0.46.
CJAX's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.57
vs CJAX: 0.49
CoJax Oil & Gas (OTCPK:CJAX) 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.
CoJax Oil & Gas Cash-to-Debt Related Terms
CoJax Oil & Gas Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for CoJax Oil & Gas'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, CoJax Oil & Gas'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.
CoJax Oil & Gas Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CoJax Oil & Gas's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where CoJax Oil & Gas'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.
CoJax Oil & Gas (CJAX) has a Cash-to-Debt of 0.49 as of Jun. 2026. This is near median its historical median of 0.46. Over the past decade, CoJax Oil & Gas' Cash-to-Debt has ranged from 0.01 to 1.01.
Is CoJax Oil & Gas' Cash-to-Debt too high?
CoJax Oil & Gas' current Cash-to-Debt of 0.49 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.01. The Oil & Gas industry median Cash-to-Debt is 0.57. CoJax Oil & Gas' value of 0.49 is 14% below this industry median. Overall, CoJax Oil & Gas has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does CoJax Oil & Gas' Cash-to-Debt compare to VOC and PRT?
CoJax Oil & Gas' Cash-to-Debt of 0.49 can be compared against companies in the Oil & Gas industry. The industry median Cash-to-Debt is 0.57. CoJax Oil & Gas' value of 0.49 is 14% below this benchmark. Historically, CoJax Oil & Gas' own Cash-to-Debt has ranged from 0.01 to 1.01 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.57, CoJax Oil & Gas has consistently been below 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 0.57, 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. CoJax Oil & Gas's current Cash-to-Debt of 0.49 is 14% below 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 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoJax Oil & Gas's current Cash-to-Debt is 0.49, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoJax Oil & Gas stock overvalued right now?
CoJax Oil & Gas (CJAX) has a current Cash-to-Debt of 0.49. The stock's GF Value™ is $1.74, compared to a current price of $3.55 — trading 104% above its estimated fair value. The current Cash-to-Debt is 0.49, which is near median its 10-year median of 0.46 and 14% below the Oil & Gas industry median of 0.57. CoJax Oil & Gas' overall GF Score™ is 9/100 with 3 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 CoJax Oil & Gas (CJAX), the current Cash-to-Debt is 0.49 as of Jun. 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.
Is CoJax Oil & Gas (CJAX) Overvalued in 2026?
Based on GuruFocus' analysis, CoJax Oil & Gas stock appears to be overvalued.
The current stock price of $3.55 is trading 104% above its estimated GF Value™ of $1.74.
Key valuation signals for CJAX:
Cash-to-Debt: 0.49 (near median its 10-year median of 0.46)
GF Value™: $1.74 vs. price of $3.55 (104% above fair value)
No single metric tells the full story. See the CJAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States. It generates maximum revenue from Crude oil.
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