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International Petroleum (TSX:IPCO) Cash-to-Debt : 0.55 (As of Dec. 2024)


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What is International Petroleum 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. International Petroleum's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.55.

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, International Petroleum 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 International Petroleum's Cash-to-Debt or its related term are showing as below:

TSX:IPCO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.56   Max: No Debt
Current: 0.55

During the past 11 years, International Petroleum's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.56.

TSX:IPCO's Cash-to-Debt is ranked better than
50.6% of 996 companies
in the Oil & Gas industry
Industry Median: 0.535 vs TSX:IPCO: 0.55

International Petroleum Cash-to-Debt Historical Data

The historical data trend for International Petroleum'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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International Petroleum Cash-to-Debt Chart

International Petroleum Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.17 1.58 1.16 0.55

International Petroleum 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 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 1.16 0.91 0.83 0.67 0.55

Competitive Comparison of International Petroleum's Cash-to-Debt

For the Oil & Gas E&P subindustry, International Petroleum'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.


International Petroleum's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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



International Petroleum 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.

International Petroleum's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

International Petroleum's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

* 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.


International Petroleum  (TSX:IPCO) 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.


International Petroleum Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of International Petroleum's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


International Petroleum Business Description

Traded in Other Exchanges
Address
1055 Dunsmuir Street, Suite 2800, Vancouver, BC, CAN, V7X 1L2
International Petroleum Corp is an international oil and gas exploration and production company. It is engaged in the exploration, development, and production of oil and gas. Geographically, the company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. It is based in Canada and derives revenue from the sales of gas, crude oil, and natural gas liquids, of which key revenue is derived from the sales of crude oil.
Executives
William A.w. Lundin Director, Senior Officer
Curtis White Senior Officer
Ryan Adair Senior Officer
International Petroleum Corporation Issuer
Chris W. Hogue Senior Officer
John Festival Director
Christiaan Bruijnzeels Director

International Petroleum Headlines

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