InterOil Exploration and Production ASA (OSL:IOX) Cash-to-Debt : 0.02 (As of Sep. 2024)

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What is InterOil Exploration and 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. InterOil Exploration and Production ASA's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.02.

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, InterOil Exploration and Production ASA couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

OSL:IOX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.17 Max: 0.41
Current: 0.02

During the past 13 years, InterOil Exploration and Production ASA's highest Cash to Debt Ratio was 0.41. The lowest was 0.01. And the median was 0.17.

OSL:IOX's Cash-to-Debt is ranked worse than
93.62% of 987 companies
in the Oil & Gas industry
Industry Median: 0.52 vs OSL:IOX: 0.02

InterOil Exploration and Production ASA Cash-to-Debt Historical Data

The historical data trend for InterOil Exploration and 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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InterOil Exploration and Production ASA Cash-to-Debt Chart

InterOil Exploration and Production ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.04

0.02

0.17

0.10

0.04

InterOil Exploration and Production ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.04	0.11	0.14	0.02

Competitive Comparison of InterOil Exploration and Production ASA's Cash-to-Debt

For the Oil & Gas E&P subindustry, InterOil Exploration and 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.

InterOil Exploration and Production ASA's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where InterOil Exploration and Production ASA's Cash-to-Debt falls into.

InterOil Exploration and 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.

InterOil Exploration and Production ASA'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)
	=	12.28	/	(37.461	+	262.258)
	=	0.04

InterOil Exploration and Production ASA's Cash to Debt Ratio for the quarter that ended in Sep. 2024 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)
	=	7.192	/	(58.148	+	289.36)
	=	0.02

InterOil Exploration and Production ASA (OSL:IOX) 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.

InterOil Exploration and Production ASA Cash-to-Debt Related Terms

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InterOil Exploration and Production ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » InterOil Exploration and Production ASA (OSL:IOX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IOXO:Sweden 0EVE:UK 1ZD0:Germany

Address

c/o Advokatfirmaet Schjodt AS, Ruselokkveien 14, Oslo, NOR, 0251

Website

https://www.interoil.no

InterOil Exploration and Production ASA is an upstream oil exploration and production company. It is engaged in the exploration, development, production, purchase, and sale of oil and natural gas deposits. The group has a reportable segment namely Colombia and Argentina, which consists of upstream activities including oil and natural gas exploration, field development, and production from its licenses in Colombia, which is the group's strategic business unit. The operations of the firm are carried out in Colombia, Norway and Argentina.

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