FieldPoint Petroleum (FieldPoint Petroleum) Cash-to-Debt : 0.08 (As of Mar. 2019)

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What is FieldPoint 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. FieldPoint Petroleum's cash to debt ratio for the quarter that ended in Mar. 2019 was 0.08.

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, FieldPoint Petroleum couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2019.

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

FPPP's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.465
* Ranked among companies with meaningful Cash-to-Debt only.

FieldPoint Petroleum Cash-to-Debt Historical Data

The historical data trend for FieldPoint 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.

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FieldPoint Petroleum Cash-to-Debt Chart

FieldPoint Petroleum Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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0.14

0.23

0.14

0.15

0.11

FieldPoint Petroleum Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.14	0.11	0.11	0.08

Competitive Comparison of FieldPoint Petroleum's Cash-to-Debt

For the Oil & Gas E&P subindustry, FieldPoint 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.

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

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

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

FieldPoint 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.

FieldPoint Petroleum's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	0.285	/	(2.585	+	0)
	=	0.11

FieldPoint Petroleum's Cash to Debt Ratio for the quarter that ended in Mar. 2019 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)
	=	0.214	/	(2.578	+	0)
	=	0.08

FieldPoint Petroleum (OTCPK:FPPP) 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.

FieldPoint Petroleum Cash-to-Debt Related Terms

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FieldPoint Petroleum (FieldPoint Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FieldPoint Petroleum Corp (OTCPK:FPPP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746

Website

http://www.fppcorp.com

FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.

Executives

Daniel R Robinson

director

190 COYOTE COURT, ARGYLE TX 76226