OPG Power Ventures (STU:OPB) Cash-to-Debt : 1.54 (As of Sep. 2023)

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What is OPG Power Ventures 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. OPG Power Ventures's cash to debt ratio for the quarter that ended in Sep. 2023 was 1.54.

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, OPG Power Ventures 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 OPG Power Ventures's Cash-to-Debt or its related term are showing as below:

STU:OPB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 1.54
Current: 1.54

During the past 13 years, OPG Power Ventures's highest Cash to Debt Ratio was 1.54. The lowest was 0.01. And the median was 0.07.

STU:OPB's Cash-to-Debt is ranked better than
81.35% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs STU:OPB: 1.54

OPG Power Ventures Cash-to-Debt Historical Data

The historical data trend for OPG Power Ventures'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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OPG Power Ventures Cash-to-Debt Chart

OPG Power Ventures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.03

0.07

0.48

0.60

0.25

OPG Power Ventures Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.70	0.60	0.63	0.25	1.54

Competitive Comparison of OPG Power Ventures's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, OPG Power Ventures'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.

OPG Power Ventures's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, OPG Power Ventures's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where OPG Power Ventures's Cash-to-Debt falls into.

OPG Power Ventures 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.

OPG Power Ventures's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	9.195	/	(28.903	+	8.046)
	=	0.25

OPG Power Ventures'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)
	=	44.809	/	(8.181	+	20.895)
	=	1.54

OPG Power Ventures (STU:OPB) 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.

OPG Power Ventures Cash-to-Debt Related Terms

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OPG Power Ventures (STU:OPB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » OPG Power Ventures PLC (STU:OPB) » Definitions » Cash-to-Debt

Traded in Other Exchanges

OPG.GB:UK OPG:UK

Address

55 Athol Street, Douglas, IMN, IM1 1LA

Website

https://www.opgpower.com

OPG Power Ventures PLC is engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the group's plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short term market. The business objective of the group is to focus on the power generation business within India and thereby provide reliable, cost effective power to the industrial consumers and other users under the open access provisions mandated by the Government of India.