Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Cash-to-Debt : 0.10 (As of Sep. 2020)

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What is Oasis Petroleum (OLD) 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 Petroleum (OLD)'s cash to debt ratio for the quarter that ended in Sep. 2020 was 0.10.

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 Petroleum (OLD) couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

The historical rank and industry rank for Oasis Petroleum (OLD)'s Cash-to-Debt or its related term are showing as below:

OASPQ's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.485
* Ranked among companies with meaningful Cash-to-Debt only.

Oasis Petroleum (OLD) Cash-to-Debt Historical Data

The historical data trend for Oasis Petroleum (OLD)'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 Petroleum (OLD) Cash-to-Debt Chart

Oasis Petroleum (OLD) Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

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0.01

Oasis Petroleum (OLD) Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.05	0.03	0.10

Competitive Comparison of Oasis Petroleum (OLD)'s Cash-to-Debt

For the Oil & Gas E&P subindustry, Oasis Petroleum (OLD)'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 Petroleum (OLD)'s Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oasis Petroleum (OLD)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Oasis Petroleum (OLD)'s Cash-to-Debt falls into.

Oasis Petroleum (OLD) 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 Petroleum (OLD)'s Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	20.019	/	(40.333	+	2729.488)
	=	0.01

Oasis Petroleum (OLD)'s Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	84.265	/	(362.646	+	488.473)
	=	0.10

Oasis Petroleum (OLD) (OTCPK:OASPQ) 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 Petroleum (OLD) Cash-to-Debt Related Terms

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Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oasis Petroleum Inc (OLD) (OTCPK:OASPQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.oasispetroleum.com

Oasis Petroleum is an independent oil and gas producer in the United States. The company operates exclusively in the Williston Basin. At the end of 2018, the company reported net proven reserves of 321 million barrels of oil equivalent. Net production averaged 83,000 barrels of oil equivalent per day in 2018, at a ratio of 77% oil and 23% natural gas and NGLs.

Executives

Paula D Polito	director	15747 VILLORESI WAY, NAPLES FL 34110
John E Hagale	director	1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Thomas B Nusz	director, officer: Chairman and CEO	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Taylor L Reid	director, officer: President and COO	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
William J. Cassidy	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Nickolas J Lorentzatos	officer: Executive VP, GC & Corp. Sec.	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Bobby S Shackouls	director	5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Michael H Lou	officer: Executive VP and CFO	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael Mcshane	director	1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Encap Energy Capital Fund Viii, L.p.	10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Energy Capital Fund Viii Co-investors, L.p.	10 percent owner	1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Encap Vi-b Acquisitions, L.p.	10 percent owner	1100 LOUISIANA, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vii Lp	10 percent owner	1100 LOUISIANA STREET, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vi L P	10 percent owner	1100 LOUISIANA ST SUITE 3150, HOUSTON TX 77002
Encap Partners Gp, Llc	10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024