PT Cikarang Listrindo Tbk (FRA:B2O) Cash-to-Debt : 0.84 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is PT Cikarang Listrindo Tbk 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. PT Cikarang Listrindo Tbk's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.84.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, PT Cikarang Listrindo Tbk couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for PT Cikarang Listrindo Tbk's Cash-to-Debt or its related term are showing as below:

FRA:B2O' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.46 Max: 0.84
Current: 0.84

During the past 9 years, PT Cikarang Listrindo Tbk's highest Cash to Debt Ratio was 0.84. The lowest was 0.12. And the median was 0.46.

FRA:B2O's Cash-to-Debt is ranked better than
74.24% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs FRA:B2O: 0.84

PT Cikarang Listrindo Tbk Cash-to-Debt Historical Data

The historical data trend for PT Cikarang Listrindo Tbk'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.

* Premium members only.

PT Cikarang Listrindo Tbk Cash-to-Debt Chart

PT Cikarang Listrindo Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.46

0.61

0.72

0.76

0.84

PT Cikarang Listrindo Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.76	0.82	0.78	0.82	0.84

Competitive Comparison of PT Cikarang Listrindo Tbk's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, PT Cikarang Listrindo Tbk'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.

PT Cikarang Listrindo Tbk's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Cikarang Listrindo Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Cikarang Listrindo Tbk's Cash-to-Debt falls into.

PT Cikarang Listrindo Tbk 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.

PT Cikarang Listrindo Tbk's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	385.557	/	(0.793	+	457.417)
	=	0.84

PT Cikarang Listrindo Tbk's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	385.557	/	(0.793	+	457.417)
	=	0.84

PT Cikarang Listrindo Tbk (FRA:B2O) 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.

PT Cikarang Listrindo Tbk Cash-to-Debt Related Terms

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

PT Cikarang Listrindo Tbk (FRA:B2O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Cikarang Listrindo Tbk (FRA:B2O) » Definitions » Cash-to-Debt

Traded in Other Exchanges

POWR:Indonesia

Address

World Trade Centre 1, 17th Floor, Jalan Jend. Sudirman Kav. 29-31, Jakarta, IDN, 12920

Website

https://www.listrindo.com

PT Cikarang Listrindo Tbk is a power-producing company, which is involved in electricity generation and distribution. The firm owns and operates in three locations Jababeka Industrial Estate, Megalopolis Manunggal, and Babelan. Its primary customers are export-oriented industries and small to medium manufacturing companies.

PT Cikarang Listrindo Tbk (FRA:B2O) Headlines

No Headlines