Blue Biofuels (Blue Biofuels) Cash-to-Debt : 0.01 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Blue Biofuels 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. Blue Biofuels's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, Blue Biofuels 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 Blue Biofuels's Cash-to-Debt or its related term are showing as below:

BIOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.41
Current: 0.01

During the past 11 years, Blue Biofuels's highest Cash to Debt Ratio was 0.41. The lowest was 0.01. And the median was 0.03.

BIOF's Cash-to-Debt is ranked worse than
98.58% of 1553 companies
in the Chemicals industry
Industry Median: 0.75 vs BIOF: 0.01

Blue Biofuels Cash-to-Debt Historical Data

The historical data trend for Blue Biofuels'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.

* Premium members only.

Blue Biofuels Cash-to-Debt Chart

Blue Biofuels Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.09

0.41

0.07

0.01

Blue Biofuels Quarterly Data
	Dec17	Mar18	Jun18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.05	0.02	0.02	0.01

Competitive Comparison of Blue Biofuels's Cash-to-Debt

For the Specialty Chemicals subindustry, Blue Biofuels'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.

Blue Biofuels's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Blue Biofuels's Cash-to-Debt distribution charts can be found below:

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

Blue Biofuels 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.

Blue Biofuels'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)
	=	0.041	/	(0.436	+	3.088)
	=	0.01

Blue Biofuels'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)
	=	0.041	/	(0.436	+	3.088)
	=	0.01

Blue Biofuels (OTCPK:BIOF) 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.

Blue Biofuels Cash-to-Debt Related Terms

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

Blue Biofuels (Blue Biofuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Blue Biofuels Inc (OTCPK:BIOF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3710 Buckeye Street, Suite 120, Palm Beach Gardens, FL, USA, 33410

Website

https://www.bluebiofuels.com

Blue Biofuels Inc is a technology company focused on emerging technologies in the renewable energy, biofuels, and new technologies sectors. It developed a technology system called Cellulose-to-Sugar 2.0 (CTS 2.0) which is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. It can convert any cellulosic material like grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or King Grass, and the cellulosic portion of municipal solid waste into sugars and lignin, and subsequently into biofuels and bioplastics. This system produces sugar and chemically unmodified lignin among other by-products. The sugar can then be further converted into biofuels and the lignin into bioplastics.

Executives

Chris J Kneppers	director	NO 102 GRANDVIEW AVE, HOPEWELL NJ 08525
Benjamin Slager	director, 10 percent owner, officer: CEO	165 SE 1ST AVE, DELRAY BEACH, FL 33444
Peter Zimeri	director	1030 CITRUS WAY APT 104, DELRAY BEACH FL 33445
Edmund J Burke	director	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Anthony Ii Santelli	director, 10 percent owner, officer: CFO	9334 AMBER WOOD DRIVE, KIRTLAND OH 44094
Christopher J Jemapete	10 percent owner	6888 SOUTH IRVINGTON COURT, AURORA CO 80016
Pamela B Jemapete	10 percent owner	6888 SOUTH IRVINGTON COURT, AURORA CO 80016
George Bolton	director	400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Charles Sills	director	400 N. CONGRESS AVE, SUITE 130, WEST PALM BEACH FL 33401
Liege Daniel De	director, 10 percent owner, officer: President	400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Joseph Mcnaney	director	400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Richard Cohen	officer: CFO	C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Amg Energy Solutions, Inc.	10 percent owner	400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
Mark W. Koch	director, 10 percent owner	400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401
W. Johan Sturm	10 percent owner	400 NORTH CONGRESS AVENUE, SUITE 130, WEST PALM BEACH FL 33401