Awilco Drilling (OSL:AWDR) Cash-to-Debt

: 0.62 (As of Jun. 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. Awilco Drilling's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.62.

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, Awilco Drilling couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

OSL:AWDR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: 1.32 Max: No Debt
Current: 0.62

During the past 13 years, Awilco Drilling's highest Cash to Debt Ratio was No Debt. The lowest was 0.34. And the median was 1.32.

OSL:AWDR's Cash-to-Debt is ranked better than
53.72% of 1022 companies
in the Oil & Gas industry
Industry Median: 0.505 vs OSL:AWDR: 0.62

Awilco Drilling Cash-to-Debt Historical Data

The historical data trend for Awilco Drilling'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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Awilco Drilling Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

28.63

9.03

13.11

4.15

Awilco Drilling Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23
Cash-to-Debt																13.11	No Debt	No Debt	4.15	0.62

Competitive Comparison

For the Oil & Gas Drilling subindustry, Awilco Drilling'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.

Awilco Drilling Cash-to-Debt Distribution

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

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

Awilco Drilling 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.

Awilco Drilling's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	87.735	/	(19.711	+	1.442)
	=	4.15

Awilco Drilling's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	26.926	/	(0	+	43.186)
	=	0.62

Awilco Drilling (OSL:AWDR) 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.

Awilco Drilling Cash-to-Debt Related Terms

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

Awilco Drilling (OSL:AWDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Awilco Drilling PLC (OSL:AWDR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AWLCF:USA 0AI1:Germany

Address

2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, GBR, AB32 6FL

Website

https://www.awilcodrilling.com

Awilco Drilling PLC is engaged in operating the drilling rigs. Its business is to own offshore drilling rigs for use in offshore drilling operations and to provide drilling services for oil and gas companies using these rigs. Its segment provides drilling services in the United Kingdom. The company owns and operates approximately two semi-submersible drilling rigs: the WilPhoenix and WilHunter, both standardized rigs used in the drilling of oil and gas wells in the United Kingdom sector of the North Sea.

Awilco Drilling (OSL:AWDR) Headlines

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