Charge Enterprises (Charge Enterprises) Cash-to-Debt : 1.86 (As of Sep. 2023)

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What is Charge Enterprises 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. Charge Enterprises's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.86.

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, Charge Enterprises could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

CRGEQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.75 Med: 1.51 Max: 4.11
Current: 1.86

During the past 3 years, Charge Enterprises's highest Cash to Debt Ratio was 4.11. The lowest was 0.75. And the median was 1.51.

CRGEQ's Cash-to-Debt is ranked better than
76.04% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs CRGEQ: 1.86

Charge Enterprises Cash-to-Debt Historical Data

The historical data trend for Charge Enterprises'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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Charge Enterprises Cash-to-Debt Chart

Charge Enterprises Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

4.11

0.75

1.02

Charge Enterprises Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial							1.49	1.02	1.51	2.08	1.86

Competitive Comparison of Charge Enterprises's Cash-to-Debt

For the Telecom Services subindustry, Charge Enterprises'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.

Charge Enterprises's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Charge Enterprises's Cash-to-Debt distribution charts can be found below:

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

Charge Enterprises 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.

Charge Enterprises's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	33.83	/	(30.871	+	2.345)
	=	1.02

Charge Enterprises's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	57.506	/	(28.551	+	2.338)
	=	1.86

Charge Enterprises (OTCPK:CRGEQ) 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.

Charge Enterprises Cash-to-Debt Related Terms

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Charge Enterprises (Charge Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Charge Enterprises Inc (OTCPK:CRGEQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 Park Avenue, 25th Floor, New York, NY, USA, 10017

Website

https://www.charge.enterprises

Charge Enterprises Inc is an electrical, broadband, and electric vehicle (EV) charging infrastructure company that provides clients with end-to-end project management services, from advising, designing, engineering, acquiring, and installing equipment, to monitoring, servicing, and maintenance. The company's operating segment includes Telecommunications and Infrastructure. It generates maximum revenue from the Telecommunications segment. The telecommunications segment provides a connection of voice calls and data to global carriers.

Executives

Gary N Jacobs	director	MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
James Biehl	officer: CLO, CCO, Secretary	44 WALL STREET, 12TH FLOOR, NEW YORK NY 10005
Michael Wojtowicz	officer: CEO, Pres. B W Electrical Serv	125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Leah Schweller	officer: CFO	125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Philip Scala	director	125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Justin Deutsch	director	125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Paul Martin Williams	officer: See Remarks	125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Jacky Wu	director	515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
Chantel E Lenard	director	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Amy Hanson	director	C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Mark R Laneve	officer: President	2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Andrew Scott Fox	director, 10 percent owner, officer: CEO, Director & Chairman	125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Craig Harper-denson	director, officer: COO, CCO, Secretary & Director	125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Jeffrey Scott Kuhlman	officer: Chief Communications Officer	125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Paolo Fettuccia	officer: See Remarks	125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017