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. TransAtlantic Petroleum's cash to debt ratio for the quarter that ended in Sep. 2020 was 0.64.
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, TransAtlantic Petroleum couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.
The historical rank and industry rank for TransAtlantic Petroleum's Cash-to-Debt or its related term are showing as below:
TransAtlantic Petroleum Cash-to-Debt Historical Data
The historical data trend for TransAtlantic 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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TransAtlantic Petroleum Annual Data
|
|
Trend |
Dec10 |
Dec11 |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
| Cash-to-Debt |
|
|
|
|
|
|
0.06 |
0.24 |
0.66 |
0.45 |
0.48 |
|
TransAtlantic Petroleum Quarterly Data
|
|
Dec15 |
Mar16 |
Jun16 |
Sep16 |
Dec16 |
Mar17 |
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.56 |
0.48 |
1.20 |
0.76 |
0.64 |
Competitive Comparison
For the Oil & Gas E&P subindustry, TransAtlantic 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.
TransAtlantic Petroleum Cash-to-Debt Distribution
For the Oil & Gas industry and Energy sector, TransAtlantic Petroleum's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where TransAtlantic Petroleum's Cash-to-Debt falls into.
TransAtlantic 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.
TransAtlantic Petroleum's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:
TransAtlantic Petroleum's Cash to Debt Ratio for the quarter that ended in Sep. 2020 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.
TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description
Traded in Other Exchanges
N/A
Address
16803 Dallas Parkway, Addison, TX, USA, 75001
TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.
Executives
| Mary E West |
other: See REMARKS |
1603 ORRINGTON AVE STE 810 EVANSTON IL 60201 |
| Mitchell Noah Malone Iii |
director, 10 percent owner, officer: Chief Executive Officer |
16803 DALLAS PARKWAY, ADDISON TX 75001 |
| West Family Investments, Inc. |
other: See REMARKS |
1603 ORRINGTON AVE, SUITE 810 EVANSTON IL 60201 |
| Randy Rochman |
director |
16803 DALLAS PARKWAY ADDISON TX 75001 |
| Jonathon Fite |
director |
16803 DALLAS PARKWAY ADDISON TX 75001 |
| West Investment Holdings, Llc |
10 percent owner, other: See REMARKS |
1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201 |
| Gary West |
other: See REMARKS |
1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201 |
| Todd Dutton |
officer: President |
16803 DALLAS PARKWAY ADDISON TX 75001 |
| Tabitha Bailey |
officer: VP & General Counsel |
16803 DALLAS PARKWAY, ADDISON TX 75001 |
| Michael Paul Hill |
officer: Chief Accounting Officer |
16803 DALLAS PARKWAY ADDISON TX 75001 |
| Selami Uras |
officer: Executive VP Turkey |
16803 N. DALLAS PARKWAY ADDISON TX 75001 |
| David Gerald Mitchell |
officer: Vice President Engineering |
16803 DALLAS PARKWAY ADDISON TX 75001 |
| Galo Fabian Anda |
officer: Principal Accounting/Financial |
16803 DALLAS PARKWAY ADDISON TX 75001 |
| Mel G Riggs |
director |
1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020 |
| Charles J Campise |
director |
|
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