RedFlow (ASX:RFX) Cash-to-Debt : 61.76 (As of Dec. 2023)

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What is RedFlow 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. RedFlow's cash to debt ratio for the quarter that ended in Dec. 2023 was 61.76.

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, RedFlow could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:RFX's Cash-to-Debt is not ranked ^*
in the Industrial Products industry.
Industry Median: 1.24
* Ranked among companies with meaningful Cash-to-Debt only.

RedFlow Cash-to-Debt Historical Data

The historical data trend for RedFlow'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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RedFlow Cash-to-Debt Chart

RedFlow Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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No Debt

44.61

130.77

22.07

22.88

RedFlow Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															29.26	22.07	35.05	22.88	61.76

Competitive Comparison of RedFlow's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, RedFlow'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.

RedFlow's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, RedFlow's Cash-to-Debt distribution charts can be found below:

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

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RedFlow 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.

RedFlow's Cash to Debt Ratio for the fiscal year 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)
	=	5.513	/	(0.17	+	0.071)
	=	22.88

RedFlow'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)
	=	9.697	/	(0.157	+	0)
	=	61.76

RedFlow (ASX:RFX) 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.

RedFlow Cash-to-Debt Related Terms

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

RedFlow Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RedFlow Ltd (ASX:RFX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

1/27 Counihan Road, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073

Website

http://www.redflow.com.au

RedFlow Ltd consists of the development, manufacture, and sale of its bromine flowing electrolyte battery module (ZBM). The company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off-grid remote power, microgrids and smart grids, and transmission and distribution deferral. Redflow batteries are designed for high cycle-rate, long time-base stationary energy storage applications in the residential, commercial and industrial, and telecommunications sectors, and are scalable from a single battery installation through to grid-scale deployments.

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