Oasis Midstream Partners LP (Oasis Midstream Partners LP) Cash-to-Debt : 0.05 (As of Sep. 2021)

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What is Oasis Midstream Partners LP 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. Oasis Midstream Partners LP's cash to debt ratio for the quarter that ended in Sep. 2021 was 0.05.

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, Oasis Midstream Partners LP couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

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

OMP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.07
Current: 0.05

During the past 6 years, Oasis Midstream Partners LP's highest Cash to Debt Ratio was 0.07. The lowest was 0.01. And the median was 0.02.

OMP's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.49 vs OMP: 0.05

Oasis Midstream Partners LP Cash-to-Debt Historical Data

The historical data trend for Oasis Midstream Partners LP'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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Oasis Midstream Partners LP Cash-to-Debt Chart

Oasis Midstream Partners LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

Get a 7-Day Free Trial

N/A

0.01

0.02

0.01

Oasis Midstream Partners LP Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.01	0.01	0.02	0.05

Competitive Comparison of Oasis Midstream Partners LP's Cash-to-Debt

For the Oil & Gas Midstream subindustry, Oasis Midstream Partners LP'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.

Oasis Midstream Partners LP's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oasis Midstream Partners LP's Cash-to-Debt falls into.

Oasis Midstream Partners LP 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.

Oasis Midstream Partners LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	5.147	/	(0.945	+	450.733)
	=	0.01

Oasis Midstream Partners LP's Cash to Debt Ratio for the quarter 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)
	=	29.682	/	(0.973	+	650.39)
	=	0.05

Oasis Midstream Partners LP (NAS:OMP) 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.

Oasis Midstream Partners LP Cash-to-Debt Related Terms

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

Oasis Midstream Partners LP (Oasis Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oasis Midstream Partners LP (NAS:OMP) » Definitions » Cash-to-Debt

Comparable Companies

NVGS HMLP GLP SGU TK GLOG TNP GLOP DSSI LPG TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002

Website

https://www.oasismidstream.com

Oasis Midstream Partners LP owns, develops, operates and acquires a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations of Oasis Petroleum. The assets are located in the Williston Basin. It offers full-service midstream solutions to customers covering their oil, gas and water needs. The company generates revenues through long-term, fee-based contractual arrangements.

Executives

Taylor L Reid	director, officer: Chief Executive Officer	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael H Lou	director, officer: President	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Nickolas J Lorentzatos	director, officer: EVP, GC and Corporate Sec	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Thomas B Nusz	director	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Richard N Robuck	officer: SVP and CFO	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002
Phil D Kramer	director	4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Matthew D Fitzgerald	director	1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Harry N Pefanis	director	333 CLAY STREET, STE 1600, HOUSTON TX 77002
Oasis Petroleum Inc.	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Oasis Petroleum Llc	10 percent owner	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Oms Holdings Llc	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Omp Gp Llc	director	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002