Ellomay Capital (Ellomay Capital) Cash-to-Debt : 0.12 (As of Dec. 2023)

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What is Ellomay Capital 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. Ellomay Capital's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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, Ellomay Capital 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 Ellomay Capital's Cash-to-Debt or its related term are showing as below:

ELLO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.28 Max: 0.43
Current: 0.12

During the past 13 years, Ellomay Capital's highest Cash to Debt Ratio was 0.43. The lowest was 0.12. And the median was 0.28.

ELLO's Cash-to-Debt is ranked worse than
66.28% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.22 vs ELLO: 0.12

Ellomay Capital Cash-to-Debt Historical Data

The historical data trend for Ellomay Capital'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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Ellomay Capital Cash-to-Debt Chart

Ellomay Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.30

0.26

0.19

0.12

Ellomay Capital 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															0.12	0.20	0.17	0.14	0.12

Competitive Comparison of Ellomay Capital's Cash-to-Debt

For the Utilities - Renewable subindustry, Ellomay Capital'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.

Ellomay Capital's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

Ellomay Capital 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.

Ellomay Capital'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)
	=	56.842	/	(55.272	+	431.539)
	=	0.12

Ellomay Capital'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)
	=	56.842	/	(55.272	+	431.539)
	=	0.12

Ellomay Capital (AMEX:ELLO) 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.

Ellomay Capital Cash-to-Debt Related Terms

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

Ellomay Capital (Ellomay Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ellomay Capital Ltd (AMEX:ELLO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ELLO:Israel NUR:Germany

Address

18 Rothschild Boulevard, 1st Floor, Tel Aviv, ISR, 6688121

Website

https://www.ellomay.com

Ellomay Capital Ltd is focused on the utility sector. It is an Israeli public company, which focuses its business in the energy and infrastructure sectors worldwide. The company's operating segment includes Photovoltaic power plants (PV Plants); Dorad Energy Ltd. (Dorad); Groen Gas Goor B.V. and Pumped storage hydro power plant (Manara). It generates maximum revenue from the Dorad segment. Geographically, it derives a majority of its revenue from Spain.