Market Cap : 5.42 B | Enterprise Value : 5.61 B | PE Ratio : At Loss | PB Ratio : 1.98 |
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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. Helmerich & Payne's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.65.
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, Helmerich & Payne couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.
The historical rank and industry rank for Helmerich & Payne's Cash-to-Debt or its related term are showing as below:
During the past 13 years, Helmerich & Payne's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was 1.10.
HP's Cash-to-Debt is ranked better thanThe historical data trend for Helmerich & Payne'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.
For the Oil & Gas Drilling subindustry, Helmerich & Payne'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.
For the Oil & Gas industry and Energy sector, Helmerich & Payne's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Helmerich & Payne's Cash-to-Debt falls into.
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.
Helmerich & Payne's Cash to Debt Ratio for the fiscal year that ended in Sep. 2021 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) | |
= | 1116.234 | / | (496.11 | + | 579.861) | |
= | 1.04 |
Helmerich & Payne's Cash to Debt Ratio for the quarter that ended in Mar. 2022 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) | |
= | 350.583 | / | (0 | + | 541.969) | |
= | 0.65 |
* 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.
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.
Thank you for viewing the detailed overview of Helmerich & Payne's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.
Adams Raymond John Iii | officer: VP Digital Ops Marketing Sales | 1437 S. BOULDER AVE. SUITE 1400 TULSA OK 74119 |
Smith Mark W. | officer: Senior VP and CFO | 15835 PARK TEN PLACE DRIVE HOUSTON TX 77084 |
Mas Jose Ramon | director | 800 DOUGLAS ROAD, 12TH FLOOR CORAL GABLES FL 33134 |
Rust Edward B Jr | director | MCGRAW-HILL COMPANIES 1221 AVENUE OF THE AMERICAS NEW YORK NY 10020 |
Bellinger Delaney Murchison | director | 524 E. 24TH STREET HOUSTON TX 77008 |
Cramton Kevin G. | director | 502 SAINT DAVIDS AVENUE WAYNE PA 19087 |
Petrie Thomas A. | director | 1437 S. BOULDER AVE., SUITE 1400 TULSA OK 74119 |
Helmerich Hans | director | C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404 |
Zeglis John D | director | 7277 164TH AVE NE BLDG1 REDMOND WA 98052 |
Foutch Randy A | director | 15 W. SIXTH STREET SUITE, 1800 TULSA OK 74119 |
Robillard Donald F Jr | director | 1437 S. BOULDER AVE. TULSA OK 74119 |
Vandeweghe Mary M | director | 1601 W. DIEHL ROAD NAPERVILLE IL 60563 |
Benson Todd Willard | officer: President of H&P Technologies | 1437 S. BOULDER AVENUE SUITE 1400 TULSA OK 74119 |
Bell John R. | officer: VP, Drilling Subsidiary | 1437 S. BOULDER AVE. TULSA OK 74119 |
Lennox Michael | officer: VP, Drilling Subsidiary | 1437 S. BOULDER AVE., SUITE 140 TULSA OK 74119 |
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