Overseas Shipholding Group (Overseas Shipholding Group) Cash-to-Debt

: 0.16 (As of Dec. 2023)

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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. Overseas Shipholding Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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, Overseas Shipholding Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

OSG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.2 Max: 0.37
Current: 0.16

During the past 13 years, Overseas Shipholding Group's highest Cash to Debt Ratio was 0.37. The lowest was 0.06. And the median was 0.20.

OSG's Cash-to-Debt is ranked worse than
73.31% of 1023 companies
in the Oil & Gas industry
Industry Median: 0.51 vs OSG: 0.16

Overseas Shipholding Group Cash-to-Debt Historical Data

The historical data trend for Overseas Shipholding Group'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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Overseas Shipholding Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.06

0.10

0.13

0.12

0.16

Overseas Shipholding Group 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																0.12	0.16	0.17	0.19	0.16

Competitive Comparison

For the Oil & Gas Midstream subindustry, Overseas Shipholding Group'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.

Overseas Shipholding Group Cash-to-Debt Distribution

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

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

Overseas Shipholding Group 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.

Overseas Shipholding Group's Cash to Debt Ratio for the fiscal year 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)
	=	91.157	/	(108.577	+	465.317)
	=	0.16

Overseas Shipholding Group'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)
	=	91.157	/	(108.577	+	465.317)
	=	0.16

Overseas Shipholding Group (NYSE:OSG) 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.

Overseas Shipholding Group Cash-to-Debt Related Terms

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

Overseas Shipholding Group (Overseas Shipholding Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Overseas Shipholding Group Inc (NYSE:OSG) » Definitions » Cash-to-Debt

Comparable Companies

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Traded in Other Exchanges

19O:Germany

Address

302 Knights Run Avenue, Tampa, FL, USA, 33602

Website

https://www.osg.com

Overseas Shipholding Group Inc is a tanker company which owns and operates a fleet of oceangoing vessels. It provides energy transportation services, delivering crude oil and petroleum products in the U.S. The company owns and operates a combined fleet of approximately 21 vessels registered in the United States. The company operates in the segment of the U.S. Flag Fleet. Majority of the company's revenue is generated in the form of time charters.

Executives

Samuel H Norton	director, officer: President and CEO	58 NE 44TH STREET, MIAMI FL 33133
Elaine Goodman Luria	director	7421 GLENEAGLES RD, NORFOLK VA 23505
Douglas D Wheat	director, other: Chairman of the Board	C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Cyrus Capital Partners, L.p.	director, 10 percent owner, other: SEE REMARKS	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Gary Eugene Taylor	director	814 NORTH BEACH BLVD., BAY ST. LOUIS MS 39520
Julie Silcock	director
Anja Manuel	director	C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVENUE, TAMPA FL 33602
Joseph Isaac Kronsberg	director	233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201
Saltchuk Resources, Inc.	10 percent owner	450 ALASKAN WAY SOUTH, SUITE 708, SEATTLE WA 98104
Rebecca K Delaet	director	34 BEACH AVENUE, LARCHMONT NY 10538
Ty Wallach	director	C/O PAULSON & CO INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Paulson & Co. Inc.	10 percent owner	1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
J Patrick Reddy	director
Susan Allan	officer: VP, General Counsel & Corp Sec	302 KNIGHTS RUN AVENUE, SUITE 1200, TAMPA FL 33602
Richard Trueblood	officer: CFO	10812 BULLRUSH TERRACE, LAKEWOOD RANCH FL 34202