Baron Oil (LSE:BOIL) Cash-to-Debt : 107.43 (As of Dec. 2023)

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What is Baron Oil 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. Baron Oil's cash to debt ratio for the quarter that ended in Dec. 2023 was 107.43.

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, Baron Oil could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:BOIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 31.32 Med: No Debt Max: No Debt
Current: 107.43

During the past 13 years, Baron Oil's highest Cash to Debt Ratio was No Debt. The lowest was 31.32. And the median was No Debt.

LSE:BOIL's Cash-to-Debt is ranked better than
85.04% of 1023 companies
in the Oil & Gas industry
Industry Median: 0.47 vs LSE:BOIL: 107.43

Baron Oil Cash-to-Debt Historical Data

The historical data trend for Baron Oil'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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Baron Oil Cash-to-Debt Chart

Baron Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

31.32

56.90

87.99

107.43

Baron Oil Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															56.90	168.93	87.99	192.46	107.43

Competitive Comparison of Baron Oil's Cash-to-Debt

For the Oil & Gas E&P subindustry, Baron Oil'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.

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

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

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

Baron Oil 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.

Baron Oil's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	3.76	/	(0.031	+	0.004)
	=	107.43

Baron Oil's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	3.76	/	(0.031	+	0.004)
	=	107.43

Baron Oil (LSE:BOIL) 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.

Baron Oil Cash-to-Debt Related Terms

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Baron Oil (LSE:BOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baron Oil PLC (LSE:BOIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BOIL.GB:UK GHA:Germany

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC1V 9EE

Website

https://www.baronoilplc.com

Baron Oil PLC is an UK Based independent oil and gas exploration and production company. The company is primarily engaged in the exploration, development, and production of oil and gas reserves, and other related activities. It currently operates in three geographical markets: South America, which has been involved in production, development and exploration activity, South East Asia where production, development and exploration activity is being assessed, and the United Kingdom is the head office and where exploration activity is taking place.