Sound Energy (Sound Energy) Cash-to-Debt : 0.09 (As of Dec. 2023)

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What is Sound 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. Sound Energy's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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

SNEGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.5 Max: 2.68
Current: 0.09

During the past 13 years, Sound Energy's highest Cash to Debt Ratio was 2.68. The lowest was 0.05. And the median was 0.50.

SNEGF's Cash-to-Debt is ranked worse than
82.55% of 1026 companies
in the Oil & Gas industry
Industry Median: 0.5 vs SNEGF: 0.09

Sound Energy Cash-to-Debt Historical Data

The historical data trend for Sound 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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Sound Energy Cash-to-Debt Chart

Sound Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.10

0.13

0.06

0.05

0.09

Sound Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.39	0.05	0.12	0.09

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

For the Oil & Gas E&P subindustry, Sound 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.

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

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

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

Sound 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.

Sound 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)
	=	3.818	/	(0.153	+	42.133)
	=	0.09

Sound 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)
	=	3.818	/	(0.153	+	42.133)
	=	0.09

Sound Energy (OTCPK:SNEGF) 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.

Sound Energy Cash-to-Debt Related Terms

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Sound Energy (Sound Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sound Energy PLC (OTCPK:SNEGF) » Definitions » Cash-to-Debt

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SOU:UK 88S1:Germany

Address

20 St Dunstan's Hill, London, GBR, EC3R 8HL

Website

https://www.soundenergyplc.com

Sound Energy PLC is a transitional energy company, with two-phase development projects in Morocco which include a micro-LNG project, a cornerstone investor, and sizeable exploration potential with ESG at its core. It owns the Tendrara Production concession (75% effective interest) with recoverable resources of 377Bcf (2C) natural gas discovery (TE-5 Horst) in the Triassic TAGI gas reservoir; the Greater Tendrara Exploration permit (75% effective interest); the Anoual exploration permit (75% effective interest) and a 75% effective interest in Sidi Mokhtar on the Atlantic seaboard of Morocco.

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