Silver Star Energy (Silver Star Energy) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2007)

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What is Silver Star 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. Silver Star Energy's cash to debt ratio for the quarter that ended in Sep. 2007 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Silver Star Energy could pay off its debt using the cash in hand for the quarter that ended in Sep. 2007.

(1) 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.

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

SVSE's Cash-to-Debt is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cash-to-Debt only.

Silver Star Energy Cash-to-Debt Historical Data

The historical data trend for Silver Star 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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Silver Star Energy Cash-to-Debt Chart

Silver Star Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Cash-to-Debt

No Debt

0.12

0.27

0.01

Silver Star Energy Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Cash-to-Debt	Get a 7-Day Free Trial														0.03	0.01	-	No Debt	No Debt

Competitive Comparison of Silver Star Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Silver Star 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.

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

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

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

Silver Star 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.

Silver Star Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2006 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)
	=	0.032	/	(3.43	+	0)
	=	0.01

Silver Star Energy's Cash to Debt Ratio for the quarter that ended in Sep. 2007 is calculated as:

Silver Star Energy had no debt ⁽¹⁾.

Silver Star Energy (OTCPK:SVSE) 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.

Silver Star Energy Cash-to-Debt Related Terms

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

Silver Star Energy (Silver Star Energy) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

Silver Star Energy (Silver Star Energy) Headlines

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Silver Star Energy (Silver Star Energy) Cash-to-Debt : No Debt (1) (As of Sep. 2007)