TBNRL (Tamboran Resources) Cash-to-Debt : 2.62 (As of Dec. 2024)

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What is Tamboran Resources 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. Tamboran Resources's cash to debt ratio for the quarter that ended in Dec. 2024 was 2.62.

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, Tamboran Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

TBNRL' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.57 Med: 18.72 Max: No Debt
Current: 2.62

During the past 3 years, Tamboran Resources's highest Cash to Debt Ratio was No Debt. The lowest was 2.57. And the median was 18.72.

TBNRL's Cash-to-Debt is ranked better than
69.25% of 992 companies
in the Oil & Gas industry
Industry Median: 0.535 vs TBNRL: 2.62

Tamboran Resources Cash-to-Debt Historical Data

The historical data trend for Tamboran Resources'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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Tamboran Resources Cash-to-Debt Chart

Tamboran Resources Annual Data

Trend

Jun22

Jun23

Jun24

Cash-to-Debt

24.05

13.39

2.68

Tamboran Resources Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial								N/A	No Debt	2.68	2.57	2.62

Competitive Comparison of Tamboran Resources's Cash-to-Debt

For the Oil & Gas E&P subindustry, Tamboran Resources'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.

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

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

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

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Tamboran Resources 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.

Tamboran Resources's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	74.746	/	(13.165	+	14.729)
	=	2.68

Tamboran Resources's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	59.442	/	(15.485	+	7.192)
	=	2.62

Tamboran Resources (OTCPK:TBNRL) 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.

Tamboran Resources Cash-to-Debt Related Terms

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Tamboran Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamboran Resources Corp (OTCPK:TBNRL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TBN:USA TBN:Australia

Address

100 Barangaroo Avenue, Suite 01, Level 39, Tower One, International Towers Sydney, Barangaroo, NSW, AUS, 2000

Website

https://www.tamboran.com

Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.