Litoral Transmision (XSGO:LITORALTX) Cash-to-Debt : 12.81 (As of Mar. 2024)

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What is Litoral Transmision 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. Litoral Transmision's cash to debt ratio for the quarter that ended in Mar. 2024 was 12.81.

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, Litoral Transmision could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XSGO:LITORALTX' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.24 Med: No Debt Max: No Debt
Current: 12.81

During the past 3 years, Litoral Transmision's highest Cash to Debt Ratio was No Debt. The lowest was 11.24. And the median was No Debt.

XSGO:LITORALTX's Cash-to-Debt is ranked better than
90.76% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs XSGO:LITORALTX: 12.81

Litoral Transmision Cash-to-Debt Historical Data

The historical data trend for Litoral Transmision'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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Litoral Transmision Cash-to-Debt Chart

Litoral Transmision Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

214.03

11.24

Litoral Transmision Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	11.24	12.81

Competitive Comparison of Litoral Transmision's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Litoral Transmision'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.

Litoral Transmision's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

Litoral Transmision 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.

Litoral Transmision'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)
	=	22.475	/	(2	+	0)
	=	11.24

Litoral Transmision's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	25.621	/	(2	+	0)
	=	12.81

Litoral Transmision (XSGO:LITORALTX) 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.

Litoral Transmision Cash-to-Debt Related Terms

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Litoral Transmision (XSGO:LITORALTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Litoral Transmision SA (XSGO:LITORALTX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

San Sebastián N 2952,, 2 piso, Oficina 202, Las Condes, CHL

Website

https://www.litoraltx.cl

Litoral Transmision SA engages in electric power transmission or transportation activities. It operates in the Electricity Transmission sector, specifically in the segment of the Zonal Transmission, which is the one intended to supply the distribution system for the supply to end customers.

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