Gran Tierra Energy (TSX:GTE) Cash-to-Debt : 0.14 (As of Dec. 2024)

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What is Gran Tierra Energy 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. Gran Tierra Energy's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.14.

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, Gran Tierra Energy couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

TSX:GTE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.14 Max: No Debt
Current: 0.14

During the past 13 years, Gran Tierra Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.04. And the median was 0.14.

TSX:GTE's Cash-to-Debt is ranked worse than
74.7% of 992 companies
in the Oil & Gas industry
Industry Median: 0.535 vs TSX:GTE: 0.14

Gran Tierra Energy Cash-to-Debt Historical Data

The historical data trend for Gran Tierra Energy'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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Gran Tierra Energy Cash-to-Debt Chart

Gran Tierra Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.08

0.04

0.22

0.11

0.14

Gran Tierra Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.21	0.19	0.37	0.14

Competitive Comparison of Gran Tierra Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Gran Tierra Energy'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.

Gran Tierra Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gran Tierra Energy's Cash-to-Debt falls into.

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Gran Tierra Energy 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.

Gran Tierra Energy's Cash to Debt Ratio for the fiscal year 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)
	=	147.284	/	(57.116	+	1028.809)
	=	0.14

Gran Tierra Energy'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)
	=	147.284	/	(57.116	+	1028.809)
	=	0.14

Gran Tierra Energy (TSX:GTE) 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.

Gran Tierra Energy Cash-to-Debt Related Terms

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Gran Tierra Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gran Tierra Energy Inc (TSX:GTE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GTE:USA GTE:UK G1P0:Germany

Address

500 Centre Street S.E, Calgary, AB, CAN, T2G 1A6

Website

https://www.grantierra.com

Gran Tierra Energy Inc is an independent energy company. The company, along with its subsidiaries, is focused on oil and gas exploration and production, with assets in Colombia, Canada, and Ecuador. It produces oil, natural gas, and natural gas liquids. Gran Tierra has assembled a diversified, high-quality asset base that is fully operated in Colombia and Ecuador and partly in Canada. The company operates various blocks in Colombia and Ecuador, spanning three basins. It also has contiguous areas in Alberta, Canada, spanning various gross acres across the Western Canadian Sedimentary Basin. The company's reportable segments are Colombia, Ecuador, Canada, and Other. A majority of its revenue is derived from its operations in Colombia.

Executives

Gary Stephen Guidry	Director, Senior Officer
Ronald William Royal	Director
Ryan Paul Ellson	Senior Officer
Brooke Nelson Wade	Director
Gmt Capital Corp	10% Security Holder
David Paul Smith	Director
Robert Bruce Hodgins	Director