Fred. Olsen Production ASA (OSL:FOP) Cash-to-Debt : 0.51 (As of Dec. 2012)

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What is Fred. Olsen Production ASA 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. Fred. Olsen Production ASA's cash to debt ratio for the quarter that ended in Dec. 2012 was 0.51.

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, Fred. Olsen Production ASA couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2012.

The historical rank and industry rank for Fred. Olsen Production ASA's Cash-to-Debt or its related term are showing as below:

OSL:FOP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 0.5 Max: 2.06
Current: 0.51

During the past 7 years, Fred. Olsen Production ASA's highest Cash to Debt Ratio was 2.06. The lowest was 0.39. And the median was 0.50.

OSL:FOP's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.495 vs OSL:FOP: 0.51

Fred. Olsen Production ASA Cash-to-Debt Historical Data

The historical data trend for Fred. Olsen Production ASA'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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Fred. Olsen Production ASA Cash-to-Debt Chart

Fred. Olsen Production ASA Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash-to-Debt

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0.47

0.50

0.39

0.43

0.51

Fred. Olsen Production ASA Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Cash-to-Debt	Get a 7-Day Free Trial			0.47	0.50	0.39	0.43	0.51

Competitive Comparison of Fred. Olsen Production ASA's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, Fred. Olsen Production ASA'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.

Fred. Olsen Production ASA's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fred. Olsen Production ASA's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Fred. Olsen Production ASA's Cash-to-Debt falls into.

Fred. Olsen Production ASA 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.

Fred. Olsen Production ASA's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 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)
	=	397.894	/	(0	+	785.442)
	=	0.51

Fred. Olsen Production ASA's Cash to Debt Ratio for the quarter that ended in Dec. 2012 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)
	=	397.894	/	(0	+	785.442)
	=	0.51

Fred. Olsen Production ASA (OSL:FOP) 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.

Fred. Olsen Production ASA Cash-to-Debt Related Terms

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Fred. Olsen Production ASA (OSL:FOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Fred. Olsen Production ASA (OSL:FOP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.yinson.com.my

Fred Olsen Production ASA,Â formerlyÂ Yinson Production AS was founded in 1983. The Company provides offshore support services. Its segments include transport, marine, trading, and other. The transport segment includes the provision of commercial land transportation, haulage and shipping services. The marine segment comprises provision of vessel, barge and marine related services. The trading segment comprises the trading activities mainly in the construction related materials. The other business segments include rental, insurance and investment income.

Fred. Olsen Production ASA (OSL:FOP) Headlines

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