Perpetual Energy (Perpetual Energy) Cash-to-Debt : 0.50 (As of Dec. 2023)

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What is Perpetual Energy 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. Perpetual Energy's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.50.

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

PMGYF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.21 Max: 0.69
Current: 0.5

During the past 13 years, Perpetual Energy's highest Cash to Debt Ratio was 0.69. The lowest was 0.03. And the median was 0.21.

PMGYF's Cash-to-Debt is ranked better than
50.05% of 1025 companies
in the Oil & Gas industry
Industry Median: 0.5 vs PMGYF: 0.50

Perpetual Energy Cash-to-Debt Historical Data

The historical data trend for Perpetual Energy'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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Perpetual Energy Cash-to-Debt Chart

Perpetual Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.09

0.03

0.50

Perpetual Energy 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	Get a 7-Day Free Trial															0.03	0.05	0.03	0.05	0.50

Competitive Comparison of Perpetual Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Perpetual Energy'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.

Perpetual Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Perpetual Energy 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.

Perpetual Energy'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)
	=	14.859	/	(2.311	+	27.531)
	=	0.50

Perpetual Energy'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)
	=	14.859	/	(2.311	+	27.531)
	=	0.50

Perpetual Energy (OTCPK:PMGYF) 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.

Perpetual Energy Cash-to-Debt Related Terms

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Perpetual Energy (Perpetual Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Perpetual Energy Inc (OTCPK:PMGYF) » Definitions » Cash-to-Debt

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PMT:Canada

Address

605 - 5th Avenue South west, Suite 3200, Calgary, AB, CAN, T2P 3H5

Website

http://www.perpetualenergyinc.com

Perpetual Energy Inc is an oil and natural gas exploration, production, and marketing company, It owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, heavy crude oil and shallow conventional natural gas in Eastern Alberta, and undeveloped bitumen leases in Northern Alberta. The company derives key revenue from the sale of oil and natural gas.

Perpetual Energy (Perpetual Energy) Headlines

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