Padma Oil Co (DHA:PADMAOIL) Cash-to-Debt : 223.11 (As of Dec. 2023)

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What is Padma Oil Co 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. Padma Oil Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 223.11.

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, Padma Oil Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

DHA:PADMAOIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 128.09 Med: 223.11 Max: No Debt
Current: 223.11

During the past 13 years, Padma Oil Co's highest Cash to Debt Ratio was No Debt. The lowest was 128.09. And the median was 223.11.

DHA:PADMAOIL's Cash-to-Debt is ranked better than
86.84% of 1026 companies
in the Oil & Gas industry
Industry Median: 0.485 vs DHA:PADMAOIL: 223.11

Padma Oil Co Cash-to-Debt Historical Data

The historical data trend for Padma Oil Co'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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Padma Oil Co Cash-to-Debt Chart

Padma Oil Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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170.78

214.88

212.80

243.09

254.20

Padma Oil Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															207.56	228.81	254.20	256.17	223.11

Competitive Comparison of Padma Oil Co's Cash-to-Debt

For the Oil & Gas Refining & Marketing subindustry, Padma Oil Co'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.

Padma Oil Co's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Padma Oil Co's Cash-to-Debt falls into.

Padma Oil Co 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.

Padma Oil Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 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)
	=	46635.887	/	(0	+	183.463)
	=	254.20

Padma Oil Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	40931.951	/	(0	+	183.463)
	=	223.11

Padma Oil Co (DHA:PADMAOIL) 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.

Padma Oil Co Cash-to-Debt Related Terms

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

Padma Oil Co (DHA:PADMAOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Padma Oil Co Ltd (DHA:PADMAOIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strand Road, Padma Bhaban, Sadarghat, Chattogram, BGD, 4000

Website

http://www.pocl.gov.bd

Padma Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG. The company operates in five segments namely Petroleum products: Includes the company's earnings from marketing of Petroleum products; Lubricating Oil & Grease: Includes the company's income from treading lubricating oil & grease; Bitumen: Includes the company's earnings from marketing of bitumen; LPG: Includes the company's earnings from marketing of LPG; and Agro-Chemicals products: Includes the company's income from trading imported Agro-Chemicals products. The company derives maximum revenue from Petroleum Products segment. It is also engaged in the production and marketing of agrochemical segment.

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