Imperial Petroleum (Imperial Petroleum) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

Imperial Petroleum Cash-to-Debt Chart

Imperial Petroleum Annual Data
	Trend	Jul07	Jul08	Jul09	Jul10	Jul11	Dec19	Dec20	Dec21	Dec22	Dec23
Cash-to-Debt		Get a 7-Day Free Trial					No Debt	No Debt	0.12	1.70	No Debt

Imperial Petroleum Quarterly Data
	Apr11	Jul11	Oct11	Jan12	Apr12	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.70	2.50	3,181.52	7,868.19	No Debt

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

For the Oil & Gas Midstream subindustry, Imperial 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.

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

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

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

Imperial 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.

Imperial Petroleum's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Imperial Petroleum had no debt ⁽¹⁾.

Imperial Petroleum's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Imperial Petroleum 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.

Imperial Petroleum  (NAS:IMPP) 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.

Imperial Petroleum Cash-to-Debt Related Terms

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Imperial Petroleum (Imperial Petroleum) Business Description