PetroTX LP (XTAE:PTX) Cash-to-Debt : 0.18 (As of Mar. 2025)

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What is PetroTX LP 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. PetroTX LP's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.18.

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, PetroTX LP couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

XTAE:PTX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.69 Max: No Debt
Current: 0.18

During the past 12 years, PetroTX LP's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 0.69.

XTAE:PTX's Cash-to-Debt is ranked worse than
70.14% of 998 companies
in the Oil & Gas industry
Industry Median: 0.52 vs XTAE:PTX: 0.18

PetroTX LP Cash-to-Debt Historical Data

The historical data trend for PetroTX LP'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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PetroTX LP Cash-to-Debt Chart

PetroTX LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.91

0.83

0.64

0.30

0.20

PetroTX LP Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															0.35	0.29	0.25	0.20	0.18

Competitive Comparison of PetroTX LP's Cash-to-Debt

For the Oil & Gas E&P subindustry, PetroTX LP'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.

PetroTX LP's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

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PetroTX LP 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.

PetroTX LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 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)
	=	4.028	/	(3.365	+	16.407)
	=	0.20

PetroTX LP's Cash to Debt Ratio for the quarter that ended in Mar. 2025 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)
	=	3.041	/	(3.365	+	13.199)
	=	0.18

PetroTX LP (XTAE:PTX) 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.

PetroTX LP Cash-to-Debt Related Terms

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PetroTX LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroTX LP (XTAE:PTX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Menachem Begin 144/A, Midtown Tower, Tel Aviv, ISR, 6492124

Website

https://www.petrotxlp.com

PetroTX LP is engaged in oil and gas investments. The company develops an investment portfolio through the acquisitions of oil and gas producing properties in the United States. It also seeks for expansion through additional drilling or completion activities. Its properties portfolio consists of assets in the states of Texas and Mississippi.

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