Efora Energy (JSE:EEL) Cash-to-Debt : 17.51 (As of Aug. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Efora 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. Efora Energy's cash to debt ratio for the quarter that ended in Aug. 2023 was 17.51.

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, Efora Energy could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

JSE:EEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 20.91 Max: No Debt
Current: 17.51

During the past 13 years, Efora Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 20.91.

JSE:EEL's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.47 vs JSE:EEL: 17.51

Efora Energy Cash-to-Debt Historical Data

The historical data trend for Efora 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.

Efora Energy Cash-to-Debt Chart

Efora Energy Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

0.24

0.04

N/A

24.31

Efora Energy Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	N/A	30.23	24.31	17.51

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

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

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

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

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

Efora 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.

Efora Energy's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 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)
	=	54.129	/	(1.653	+	0.574)
	=	24.31

Efora Energy's Cash to Debt Ratio for the quarter that ended in Aug. 2023 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)
	=	46.672	/	(2.014	+	0.651)
	=	17.51

Efora Energy (JSE:EEL) 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.

Efora Energy Cash-to-Debt Related Terms

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

Efora Energy (JSE:EEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Efora Energy Ltd (JSE:EEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Leslie Avenue, 2nd Floor, Building 11, Design Quarter District, Fourways, Johannesburg, GT, ZAF, 2191

Website

https://www.eforaenergy.com

Efora Energy Ltd is an African oil and gas company. It has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi and Botswana; and midstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. The operations of the Group comprise oil and gas exploration and production, crude trading, and the sale of petroleum products. It derives majority revenue from the sale of petroleum products.

Efora Energy (JSE:EEL) Headlines

No Headlines