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Civeo Cash-to-Debt

: 0.03 (As of Jun. 2022)
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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. Civeo's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.03.

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, Civeo couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

CVEO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.82
Current: 0.03

During the past 10 years, Civeo's highest Cash to Debt Ratio was 0.82. The lowest was 0.01. And the median was 0.03.

CVEO's Cash-to-Debt is ranked worse than
94.32% of 1056 companies
in the Business Services industry
Industry Median: 1.06 vs CVEO: 0.03

Civeo Cash-to-Debt Historical Data

The historical data trend for Civeo'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.

* Premium members only.

Civeo Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.03 0.01 0.02 0.03

Civeo Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.03 0.03 0.03

Competitive Comparison

For the Specialty Business Services subindustry, Civeo'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.

   

Civeo Cash-to-Debt Distribution

For the Business Services industry and Industrials sector, Civeo's Cash-to-Debt distribution charts can be found below:

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



Civeo 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.

Civeo's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Civeo's Cash to Debt Ratio for the quarter that ended in Jun. 2022 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.


Civeo  (NYSE:CVEO) 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.


Civeo Cash-to-Debt Related Terms

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


Civeo Business Description

Civeo logo
Traded in Other Exchanges
Address
333 Clay Street, Three Allen Center, Suite 4980, Houston, TX, USA, 77002
Civeo Corp provides long-term and temporary remote site accommodations, logistics, and facility management services, especially to the natural resource industry. It also provides catering and food services, housekeeping, laundry, facility management, water and wastewater treatment, power generation, communications, and personnel logistics at the sites where it provides accommodation. It organizes its business under segments based on the nature of its geographical spread, which includes Canada, where it generates most of its revenues; followed by Australia and the United States.
Executives
Grewal Jagdish director 333 CLAY STREET SUITE 4980 HOUSTON TX 77065
Montelongo Michael director 203 EAST MAIN STREET SPARTANBURG SC 29319
Brewer Barclay officer: Vice President and Controller 333 CLAY STREET SUITE 4980 HOUSTON TX 77002
Gilbertson Ronald director 333 CLAY STREET HOUSTON TX 77002
Torgerson Tammy 10 percent owner 596 MCCLURE ROAD KELOWNA A1 V1W 1H3
Torgerson Family Trust 10 percent owner 596 MCCLURE ROAD KELOWNA A1 V1W 1H3
Torgerson Lance 10 percent owner 596 MCCLURE ROAD KELOWNA A1 V1W 1H3
Wall Timothy O director 333 CLAY STREET SUITE 4980 HOUSTON TX 77002
Ridley Mike officer: See Remarks 333 CLAY STREET, SUITE 4980 HOUSTON TX 77002
Schoening Allan officer: See Remarks 333 CLAY STREET, #4980 HOUSTON TX 77002
Greene Alexander David director 3200 INDUSTRIAL PARK ROAD VAN BUREN AR 72956
Weisman Marc director 160 RARITAN CENTER PARKWAY EDISON NJ 08837
Ashner Michael L director C/O WINTHROP FINANCIAL ASSOCIATES TWO JERICHO PLAZA WING A JERICHO NY 11753
Blankenship C Ronald director 5004 GREEN TREE HOUSTON TX 77056
Szalkowski Charles director 333 CLAY STREET, SUITE 4980 HOUSTON TX 77002

Civeo Headlines

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