West Texas Resources (West Texas Resources) Cash-to-Debt : N/A (As of Sep. 2023)

West Texas Resources Cash-to-Debt Chart

West Texas Resources Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															1.50	3.67	No Debt	N/A	N/A

Competitive Comparison of West Texas Resources's Cash-to-Debt

For the Oil & Gas E&P subindustry, West Texas Resources'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.

West Texas Resources's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where West Texas Resources's Cash-to-Debt falls into.

West Texas Resources 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.

West Texas Resources's Cash to Debt Ratio for the fiscal year that ended in Sep. 2016 is calculated as:

West Texas Resources had no debt ⁽¹⁾.

West Texas Resources's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.

West Texas Resources  (OTCPK:WTXR) 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.

West Texas Resources Cash-to-Debt Related Terms

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West Texas Resources (West Texas Resources) Business Description