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SSP Offshore (SSP Offshore) Cash-to-Debt : No Debt (1) (As of Sep. 2014)


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What is SSP Offshore 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. SSP Offshore's cash to debt ratio for the quarter that ended in Sep. 2014 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, SSP Offshore could pay off its debt using the cash in hand for the quarter that ended in Sep. 2014.

(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 SSP Offshore's Cash-to-Debt or its related term are showing as below:

SSZZF's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.49
* Ranked among companies with meaningful Cash-to-Debt only.

SSP Offshore Cash-to-Debt Historical Data

The historical data trend for SSP Offshore'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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SSP Offshore Cash-to-Debt Chart

SSP Offshore Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

SSP Offshore Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of SSP Offshore's Cash-to-Debt

For the Oil & Gas Drilling subindustry, SSP Offshore'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.


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

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

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



SSP Offshore 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.

SSP Offshore's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

SSP Offshore had no debt (1).

SSP Offshore's Cash to Debt Ratio for the quarter that ended in Sep. 2014 is calculated as:

SSP Offshore 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.


SSP Offshore  (OTCPK:SSZZF) 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.


SSP Offshore Cash-to-Debt Related Terms

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SSP Offshore (SSP Offshore) Business Description

Traded in Other Exchanges
N/A
Address
SSP Offshore, Inc. and its subsidiaries are engaged in the development and commercialization of proprietary technology related to floating, production, storage and offloading vessels. The Company is also pursuing other applications for the technology other than FPSOs. The Company's product is the game changing SSP, the next generation round floater that redefines the FPSO.

SSP Offshore (SSP Offshore) Headlines

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