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SRE (Sempra) Cash Ratio : 0.06 (As of Sep. 2024)


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What is Sempra Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Sempra's Cash Ratio for the quarter that ended in Sep. 2024 was 0.06.

Sempra has a Cash Ratio of 0.06. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Sempra's Cash Ratio or its related term are showing as below:

SRE' s Cash Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.51
Current: 0.06

During the past 13 years, Sempra's highest Cash Ratio was 0.51. The lowest was 0.01. And the median was 0.07.

SRE's Cash Ratio is ranked worse than
87.04% of 494 companies
in the Utilities - Regulated industry
Industry Median: 0.33 vs SRE: 0.06

Sempra Cash Ratio Historical Data

The historical data trend for Sempra's Cash Ratio 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.

* Premium members only.

Sempra Cash Ratio Chart

Sempra Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.14 0.06 0.04 0.02

Sempra Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.02 0.07 0.02 0.06

Competitive Comparison of Sempra's Cash Ratio

For the Utilities - Diversified subindustry, Sempra's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Sempra's Cash Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sempra's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Sempra's Cash Ratio falls into.



Sempra Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Sempra's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=236/10090
=0.02

Sempra's Cash Ratio for the quarter that ended in Sep. 2024 is calculated as:

* 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.


Sempra  (NYSE:SRE) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Sempra Cash Ratio Related Terms

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


Sempra Business Description

Address
488 8th Avenue, San Diego, CA, USA, 92101
Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.
Executives
Trevor I Mihalik officer: Executive VP and CFO 101 ASH STREET, SAN DIEGO CA 92101
Peter R Wall officer: SVP, Controller and CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Richard J Mark director 1901 CHOUTEAU AVENUE MC-1310, ST. LOUIS MO 63103
Karen L Sedgwick officer: Chief HR Officer, CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Jeffrey W Martin director, officer: Chairman, CEO and President 101 ASH STREET, SAN DIEGO CA 92101
Bethany Mayer director C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Cynthia Lynn Walker director 5 GREENWAY PLAZA, HOUSTON TX 77046
Maria Contreras-sweet director 488 8TH AVENUE, SAN DIEGO CA 92101
Andres Conesa director 488 8TH AVENUE, SAN DIEGO CA 92101
Michael N Mears director ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Jones William D /ca/ director
James C Yardley director 1001 LOUISIANA STREET, HOUSTON TX 77002
Cynthia J Warner director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Jack T Taylor director 10951 SANCTUARY DRIVE, SHREVEPORT LA 71106