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Anglo African Oil & Gas (Anglo African Oil & Gas) Cash-to-Debt : No Debt (1) (As of Jun. 2021)


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What is Anglo African Oil & Gas 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. Anglo African Oil & Gas's cash to debt ratio for the quarter that ended in Jun. 2021 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, Anglo African Oil & Gas could pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

(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 Anglo African Oil & Gas's Cash-to-Debt or its related term are showing as below:

AAFGF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Anglo African Oil & Gas's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

AAFGF's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.5 vs AAFGF: No Debt

Anglo African Oil & Gas Cash-to-Debt Historical Data

The historical data trend for Anglo African Oil & Gas'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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Anglo African Oil & Gas Cash-to-Debt Chart

Anglo African Oil & Gas Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Dec17 Dec18 Dec19 Dec20
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 180.75 No Debt No Debt No Debt

Anglo African Oil & Gas Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Anglo African Oil & Gas's Cash-to-Debt

For the Oil & Gas Drilling subindustry, Anglo African Oil & Gas'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.


Anglo African Oil & Gas's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Anglo African Oil & Gas's Cash-to-Debt falls into.



Anglo African Oil & Gas 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.

Anglo African Oil & Gas's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Anglo African Oil & Gas had no debt (1).

Anglo African Oil & Gas's Cash to Debt Ratio for the quarter that ended in Jun. 2021 is calculated as:

Anglo African Oil & Gas had no debt (1).

* 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.


Anglo African Oil & Gas  (GREY:AAFGF) 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.


Anglo African Oil & Gas Cash-to-Debt Related Terms

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


Anglo African Oil & Gas (Anglo African Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
12 Berkeley Street, London, GBR, W1J 8DT
Anglo African Oil & Gas PLC is currently seeking new business opportunities, formerly it offered services related to oil exploration to its subsidiary. Its project included Tilapia field an offshore of the Republic of the Congo, located in the Lower Republic of the Congo Basin.

Anglo African Oil & Gas (Anglo African Oil & Gas) Headlines

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