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Blackbird Energy (FRA:4BB) Cash-to-Debt : No Debt (1) (As of Oct. 2018)


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What is Blackbird 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. Blackbird Energy's cash to debt ratio for the quarter that ended in Oct. 2018 was No Debt (1).

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, Blackbird Energy could pay off its debt using the cash in hand for the quarter that ended in Oct. 2018.

(1) 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.

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

FRA:4BB's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Cash-to-Debt only.

Blackbird Energy Cash-to-Debt Historical Data

The historical data trend for Blackbird 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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Blackbird Energy Cash-to-Debt Chart

Blackbird Energy Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 No Debt No Debt No Debt No Debt

Blackbird Energy Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Blackbird Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Blackbird 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.


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

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

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



Blackbird 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.

Blackbird Energy's Cash to Debt Ratio for the fiscal year that ended in Jul. 2018 is calculated as:

Blackbird Energy had no debt (1).

Blackbird Energy's Cash to Debt Ratio for the quarter that ended in Oct. 2018 is calculated as:

Blackbird Energy had no debt (1).

* 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.


Blackbird Energy  (FRA:4BB) 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.


Blackbird Energy Cash-to-Debt Related Terms

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Blackbird Energy (FRA:4BB) Business Description

Traded in Other Exchanges
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Address
Blackbird Energy Inc is an oil and gas exploration and development company. It focuses on the condensate and liquids-rich Montney fairway at Pipestone / Elmworth, near Grande Prairie, Alberta. The company operates in the upstream oil and natural gas industry with operations in Canada. All revenues are derived from operations within Canada.

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