Blue Star Helium (Blue Star Helium) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Blue Star Helium 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. Blue Star Helium's cash to debt ratio for the quarter that ended in Dec. 2023 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, Blue Star Helium could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Blue Star Helium's Cash-to-Debt or its related term are showing as below:

BSNLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Blue Star Helium's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was No Debt.

BSNLF's Cash-to-Debt is ranked better than
99.9% of 1025 companies
in the Oil & Gas industry
Industry Median: 0.48 vs BSNLF: No Debt

Blue Star Helium Cash-to-Debt Historical Data

The historical data trend for Blue Star Helium'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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Blue Star Helium Cash-to-Debt Chart

Blue Star Helium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

Blue Star Helium 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															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Blue Star Helium's Cash-to-Debt

For the Oil & Gas E&P subindustry, Blue Star Helium'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.

Blue Star Helium's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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

Blue Star Helium 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.

Blue Star Helium's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Blue Star Helium had no debt ⁽¹⁾.

Blue Star Helium's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Blue Star Helium had no debt ⁽¹⁾.

Blue Star Helium (OTCPK:BSNLF) 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.

Blue Star Helium Cash-to-Debt Related Terms

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Blue Star Helium (Blue Star Helium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Blue Star Helium Ltd (OTCPK:BSNLF) » Definitions » Cash-to-Debt

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BNL:Australia

Address

194 Hay Street, Subiaco, WA, AUS, 6008

Website

https://www.bluestarhelium.com

Blue Star Helium Ltd is engaged in oil and gas (helium) production, exploration, and development. Its assets are spread in United States. The company provides its shareholders with exposure to multiple high-value helium projects and conventional oil assets in North America. the Company is organized into one operating segment, which involves helium including oil and gas exploration, development and production in the USA.