Federal Grid Company Rosseti PJSC (MIC:FEES) Cash-to-Debt : 0.32 (As of Jun. 2023)

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What is Federal Grid Company Rosseti PJSC 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. Federal Grid Company Rosseti PJSC's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.32.

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, Federal Grid Company Rosseti PJSC couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for Federal Grid Company Rosseti PJSC's Cash-to-Debt or its related term are showing as below:

MIC:FEES' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.21 Max: 0.37
Current: 0.32

During the past 13 years, Federal Grid Company Rosseti PJSC's highest Cash to Debt Ratio was 0.37. The lowest was 0.13. And the median was 0.21.

MIC:FEES's Cash-to-Debt is ranked better than
57.52% of 499 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs MIC:FEES: 0.32

Federal Grid Company Rosseti PJSC Cash-to-Debt Historical Data

The historical data trend for Federal Grid Company Rosseti PJSC'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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Federal Grid Company Rosseti PJSC Cash-to-Debt Chart

Federal Grid Company Rosseti PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.17

0.26

0.19

Federal Grid Company Rosseti PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.21	0.31	0.26	0.32

Competitive Comparison of Federal Grid Company Rosseti PJSC's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC'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.

Federal Grid Company Rosseti PJSC's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Federal Grid Company Rosseti PJSC's Cash-to-Debt falls into.

Federal Grid Company Rosseti PJSC 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.

Federal Grid Company Rosseti PJSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	46739	/	(23769	+	219850)
	=	0.19

Federal Grid Company Rosseti PJSC's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	197665	/	(157291	+	460849)
	=	0.32

Federal Grid Company Rosseti PJSC (MIC:FEES) 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.

Federal Grid Company Rosseti PJSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Federal Grid Company Rosseti PJSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Federal Grid Company Rosseti PJSC (MIC:FEES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Federal Grid Company Rosseti PJSC (MIC:FEES) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5A, Akademika Chelomeya Street, Moscow, RUS, 117630

Website

https://www.fsk-ees.ru

Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.

Federal Grid Company Rosseti PJSC (MIC:FEES) Headlines

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