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Comet RidgeCOMRF 34 Cash-to-Debt is 1.07 as of Dec. 2025, which is 100% below its 10-year median of 5,001.30. GuruFocus rates COMRF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 979 Oil & Gas companies, Comet Ridge ranks better than 61.29% 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. Comet Ridge's cash to debt ratio for the quarter that ended in Dec. 2025 was 1.07.
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, Comet Ridgecould pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for Comet Ridge's Cash-to-Debt or its related term are showing as below:
COMRF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 5001.3 Max: No Debt
Current: 1.07
During the past 13 years, Comet Ridge's highest Cash to Debt Ratio was No Debt. The lowest was 0.38. And the median was 5001.30.
COMRF's Cash-to-Debt is ranked better than 61.29% of 979
companies
in the Oil & Gas industry
Industry Median: 0.51
vs COMRF: 1.07
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.
Comet Ridge Cash-to-Debt Related Terms
Comet Ridge Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Comet Ridge'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, Comet Ridge'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.
Comet Ridge Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Comet Ridge's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Comet Ridge'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.
Comet Ridge (COMRF) has a Cash-to-Debt of 1.07 as of Dec. 2025. This is 100% below median its historical median of 5,001.30. Over the past decade, Comet Ridge's Cash-to-Debt has ranged from 0.38 to 10,000.00. According to the industry distribution chart, Comet Ridge ranks #379 out of 979 companies in the Oil & Gas industry, placing it in the top 38.7%.
Is Comet Ridge's Cash-to-Debt too high?
Comet Ridge's current Cash-to-Debt of 1.07 is 100% below median its 10-year median of 5,001.30. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 10,000.00. The Oil & Gas industry median Cash-to-Debt is 0.51. Comet Ridge's value of 1.07 is 109.8% above this industry median. Based on the distribution chart, Comet Ridge ranks #379 out of 979 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Comet Ridge has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Comet Ridge's Cash-to-Debt compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Comet Ridge ranks #379 out of 979 companies for Cash-to-Debt. This puts Comet Ridge in the upper half of its industry. The industry median Cash-to-Debt is 0.51. Comet Ridge's value of 1.07 is 109.8% above this benchmark. Historically, Comet Ridge's own Cash-to-Debt has ranged from 0.38 to 10,000.00 over the past decade. While the company's 10-year median is 5,001.30 vs. the industry median of 0.51, Comet Ridge 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 0.51, based on 979 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. Comet Ridge's current Cash-to-Debt of 1.07 is 109.8% 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 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Ridge's current Cash-to-Debt is 1.07, which is 100% below median its own 10-year median of 5,001.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Ridge stock overvalued right now?
Comet Ridge (COMRF) has a current Cash-to-Debt of 1.07. The current Cash-to-Debt is 1.07, which is 100% below median its 10-year median of 5,001.30 and 109.8% above the Oil & Gas industry median of 0.51. Comet Ridge's overall GF Score™ is 34/100 with 1 warning sign 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 Comet Ridge (COMRF), the current Cash-to-Debt is 1.07 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.
Comet Ridge Ltd is an Australian energy company focused on the development of natural gas for the supply-constrained east coast Australian market. It has tenement interests and a suite of prospective projects in Queensland. The company's flagship Mahalo Gas Hub area (Mahalo Gas Project) consists of high-quality natural gas resources with low CO2 and competitive production costs. The Mahalo Gas Hub contains gross 2P (Reserves) and 2C (Contingent Resources) of 676 Petajoules close to the Gladstone LNG export and domestic market precinct, as well as gas transport infrastructure. Additionally, the company also holds various permits in the eastern part of the Galilee Basin, and an exploration licence (PEL 427), in the northern Gunnedah Basin, New South Wales.
34GF Score
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