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Gulfslope Energy (Gulfslope Energy) Cash-to-Debt : 0.00 (As of Jun. 2023)


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What is Gulfslope Energy 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. Gulfslope Energy's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.00.

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, Gulfslope Energy couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

During the past 13 years, Gulfslope Energy's highest Cash to Debt Ratio was 1.25. The lowest was 0.00. And the median was 0.11.

GSPE's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Gulfslope Energy Cash-to-Debt Historical Data

The historical data trend for Gulfslope Energy'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.

Gulfslope Energy Cash-to-Debt Chart

Gulfslope Energy Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.11 0.34 0.17 0.02

Gulfslope Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.03 0.02 0.01 - -

Competitive Comparison of Gulfslope Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Gulfslope Energy'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.


Gulfslope Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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



Gulfslope Energy 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.

Gulfslope Energy's Cash to Debt Ratio for the fiscal year that ended in Sep. 2022 is calculated as:

Gulfslope Energy's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

* 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.


Gulfslope Energy  (OTCPK:GSPE) 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.


Gulfslope Energy Cash-to-Debt Related Terms

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


Gulfslope Energy (Gulfslope Energy) Business Description

Traded in Other Exchanges
N/A
Address
1000 Main Street, Suite 2300, Houston, TX, USA, 77002
Gulfslope Energy Inc is a part of the oil and gas markets. It is a crude oil and natural gas exploration and production company. The company's activities are focused on the shelf area of the Gulf of Mexico. It is focused on identifying and acquiring oil and gas prospects. It has licensed three-dimensional seismic data and has evaluated this data using interpretation technologies.
Executives
Delek Group, Ltd. 10 percent owner 19 ABBA EBAN BLVD, P.O.B. 2054, HERZLIYA L3 4612001
Itshak Sharon 10 percent owner 7, GIBOREI ISRAEL STREET, P.O.B. 8464, INDUSTRIAL ZONE SOUTH, NETANYA L3 42504
Delek Gom Holdings, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Delek Gom Investments, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Dkl Investments Ltd 10 percent owner C/O CRESTBRIDGE LIMITED, 47 ESPLANADE, ST HELIER Y9 JE1 0BD
John Malanga officer: Chief Financial Officer 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
Richard S Langdon director
Paul L Morris director 1004 NORTH BIG SPRING STREET, MIDLAND TX 79701
James M. Askew director, 10 percent owner 3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Brady Douglas Rodgers officer: VICE PRESIDENT 2500 CITYWEST BLVD, HOUSTON TX 77042
Ronald A Bain officer: President and COO 1001 FANNIN STREET, HOUSTON TX 77002
Moore Dwight Clint M officer: Vice President and Secretary 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
John N Seitz 10 percent owner 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77006
Connally John B Iii other: FORMER 10% OWNER 16MARCUS CO, 1600 ROCKCLIFF ROAD, AUSTIN TX 78746
Michael Doolin 10 percent owner 5 PEPPERWOOD DRIVE, SANDY UT 84092