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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. Index Oil & Gas's cash to debt ratio for the quarter that ended in Mar. 2009 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, Index Oil & Gascould pay off its debt using the cash in hand for the quarter that ended in Mar. 2009.
(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 Index Oil & Gas's Cash-to-Debt or its related term are showing as below:
IXOG's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.51 * Ranked among companies with meaningful Cash-to-Debt only.
Index Oil & Gas (OTCPK:IXOG) 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.
Index Oil & Gas Cash-to-Debt Related Terms
Index Oil & Gas Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Index 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.
IXOG vs FPPP, UNGS, GBEYF: Cash-to-Debt Comparison
For the Oil & Gas E&P subindustry, Index 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.
Index Oil & Gas Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Index Oil & Gas's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Index Oil & Gas's Cash-to-Debt falls into.
Index Oil & Gas's Cash to Debt Ratio for the fiscal year that ended in Mar. 2009 is calculated as:
Index Oil & Gas had no debt (1).
Index Oil & Gas's Cash to Debt Ratio for the quarter that ended in Mar. 2009 is calculated as:
Index 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Index Oil & Gas (IXOG) has a Cash-to-Debt of No Debt (1) as of Mar. 2009.
Is Index Oil & Gas' Cash-to-Debt too high?
Index Oil & Gas' current Cash-to-Debt is No Debt (1).
How does Index Oil & Gas' Cash-to-Debt compare to FPPP and UNGS?
Index Oil & Gas' Cash-to-Debt of No Debt (1) can be compared against companies in the Oil & Gas industry. The industry median Cash-to-Debt is 0.51. 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 980 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 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Index Oil & Gas's current Cash-to-Debt is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Cash-to-Debt of No Debt (1). The current Cash-to-Debt is No Debt (1). 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 Index Oil & Gas (IXOG), the current Cash-to-Debt is No Debt (1) as of Mar. 2009. 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.
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.
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