ECAOF (Eco (Atlantic) Oil & Gas) Cash-to-Debt: No Debt (1) (As of Mar. 2026) — 100% Below Median

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ECAOF Eco (Atlantic) Oil & Gas Ltd ECAOF
22 GF Score
Price $0.68
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What is Eco (Atlantic) Oil & Gas Cash-to-Debt?

Eco (Atlantic) Oil & Gas ECAOF 22 Cash-to-Debt is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates ECAOF with a GF Score™ of 22/100. Among 983 Oil & Gas companies, Eco (Atlantic) Oil & Gas ranks better than 99.9% 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. Eco (Atlantic) Oil & Gas's cash to debt ratio for the quarter that ended in Mar. 2026 was No Debt (1).

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, Eco (Atlantic) Oil & Gas could pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.

(1) 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.

The historical rank and industry rank for Eco (Atlantic) Oil & Gas's Cash-to-Debt or its related term are showing as below:

ECAOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 38.25   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Eco (Atlantic) Oil & Gas's highest Cash to Debt Ratio was No Debt. The lowest was 38.25. And the median was No Debt.

ECAOF's Cash-to-Debt is ranked better than
99.9% of 983 companies
in the Oil & Gas industry
Industry Median: 0.54 vs ECAOF: No Debt

Eco (Atlantic) Oil & Gas  (OTCPK:ECAOF) 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.


Eco (Atlantic) Oil & Gas Cash-to-Debt Related Terms


Eco (Atlantic) Oil & Gas Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Eco (Atlantic) 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.

Eco (Atlantic) Oil & Gas Cash-to-Debt Chart

Eco (Atlantic) Oil & Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Eco (Atlantic) Oil & Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

ECAOF vs COP, EOG, FANG: Cash-to-Debt Comparison

For the Oil & Gas E&P subindustry, Eco (Atlantic) 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.


Eco (Atlantic) Oil & Gas Cash-to-Debt vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eco (Atlantic) Oil & Gas's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Eco (Atlantic) Oil & Gas's Cash-to-Debt falls into.


ECAOF
22GF Score
Eco (Atlantic) Oil & Gas Ltd ECAOF
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Eco (Atlantic) Oil & Gas 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.

Eco (Atlantic) Oil & Gas's Cash to Debt Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Eco (Atlantic) Oil & Gas had no debt (1).

Eco (Atlantic) Oil & Gas's Cash to Debt Ratio for the quarter that ended in Mar. 2026 is calculated as:

Eco (Atlantic) Oil & Gas had no debt (1).

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Eco (Atlantic) Oil & Gas (ECAOF) has a Cash-to-Debt of No Debt (1) as of Mar. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, Eco (Atlantic) Oil & Gas' Cash-to-Debt has ranged from 38.25 to 10,000.00. According to the industry distribution chart, Eco (Atlantic) Oil & Gas ranks #1 out of 983 companies in the Oil & Gas industry, placing it in the top 0.099999999999994%.
Is Eco (Atlantic) Oil & Gas' Cash-to-Debt too high?
Eco (Atlantic) Oil & Gas' current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 38.25 to a high of 10,000.00. Based on the distribution chart, Eco (Atlantic) Oil & Gas ranks #1 out of 983 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Eco (Atlantic) Oil & Gas has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Eco (Atlantic) Oil & Gas' Cash-to-Debt compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Eco (Atlantic) Oil & Gas ranks #1 out of 983 companies for Cash-to-Debt. This places Eco (Atlantic) Oil & Gas in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 0.54. Historically, Eco (Atlantic) Oil & Gas' own Cash-to-Debt has ranged from 38.25 to 10,000.00 over the past decade. 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 983 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. 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. Eco (Atlantic) Oil & Gas's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco (Atlantic) Oil & Gas stock overvalued right now?
Eco (Atlantic) Oil & Gas (ECAOF) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Eco (Atlantic) Oil & Gas' overall GF Score™ is 22/100. 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 Eco (Atlantic) Oil & Gas (ECAOF), the current Cash-to-Debt is No Debt (1) 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.

Eco (Atlantic) Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges ECO:UKEOI:GermanyEOG:Canada
Address 181 Bay Street, Suite 320, Toronto, ON, CAN, M5J 2T3
Eco (Atlantic) Oil & Gas Ltd is an oil and gas exploration and development company. The company focused on the identification, acquisition, and development of petroleum opportunities around the world. Its project includes Orinduik Block; Cooper Block (PEL 030); Sharon Block (PEL 033); Guy Block (PEL 034) and Tamar Block (PEL 050) in Guyana and Namibia.
22GF Score

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