Clean Teq Water (Clean Teq Water) Cash-to-Debt : 14.52 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Clean Teq Water 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. Clean Teq Water's cash to debt ratio for the quarter that ended in Dec. 2023 was 14.52.

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, Clean Teq Water 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 Clean Teq Water's Cash-to-Debt or its related term are showing as below:

CNQQF' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.5 Med: 30.78 Max: 236.12
Current: 14.56

During the past 2 years, Clean Teq Water's highest Cash to Debt Ratio was 236.12. The lowest was 13.50. And the median was 30.78.

CNQQF's Cash-to-Debt is ranked better than
87.77% of 507 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs CNQQF: 14.56

Clean Teq Water Cash-to-Debt Historical Data

The historical data trend for Clean Teq Water'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.

* Premium members only.

Clean Teq Water Cash-to-Debt Chart

Clean Teq Water Annual Data

Trend

Jun22

Jun23

Cash-to-Debt

230.44

13.52

Clean Teq Water Semi-Annual Data
	Dec20	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	30.79	230.44	64.71	13.52	14.52

Competitive Comparison of Clean Teq Water's Cash-to-Debt

For the Utilities - Regulated Water subindustry, Clean Teq Water'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.

Clean Teq Water's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's Cash-to-Debt distribution charts can be found below:

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

Clean Teq Water 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.

Clean Teq Water'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)
	=	3.109	/	(0.22	+	0.01)
	=	13.52

Clean Teq Water'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)
	=	1.51	/	(0.104	+	0)
	=	14.52

Clean Teq Water (OTCPK:CNQQF) 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.

Clean Teq Water Cash-to-Debt Related Terms

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

Clean Teq Water (Clean Teq Water) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Clean Teq Water Ltd (OTCPK:CNQQF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9NK:Germany CNQ:Australia

Address

21 Howleys Road, Unit 12, Notting Hill, VIC, AUS, 3168

Website

https://www.cleanteqwater.com

Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.

Clean Teq Water (Clean Teq Water) Headlines

No Headlines