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Executive Network Partnering (Executive Network Partnering) Cash-to-Debt : 0.11 (As of Jun. 2022)


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What is Executive Network Partnering 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. Executive Network Partnering's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.11.

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, Executive Network Partnering couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

ENPC's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.45
* Ranked among companies with meaningful Cash-to-Debt only.

Executive Network Partnering Cash-to-Debt Historical Data

The historical data trend for Executive Network Partnering'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.

Executive Network Partnering Cash-to-Debt Chart

Executive Network Partnering Annual Data
Trend Dec20 Dec21
Cash-to-Debt
No Debt 0.22

Executive Network Partnering Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.22 0.20 0.11 0.07

Competitive Comparison of Executive Network Partnering's Cash-to-Debt

For the Shell Companies subindustry, Executive Network Partnering'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.

Executive Network Partnering's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Executive Network Partnering's Cash-to-Debt distribution charts can be found below:

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


Executive Network Partnering 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.

Executive Network Partnering's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
=0.094 / (0 + 0.43)
=0.22

Executive Network Partnering's Cash to Debt Ratio for the quarter that ended in Jun. 2022 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)
=0.172 / (1.548 + 0)
=0.11

* 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.

Executive Network Partnering  (NYSE:ENPC) 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.

Executive Network Partnering Cash-to-Debt Related Terms

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

Executive Network Partnering (Executive Network Partnering) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Executive Network Partnering Corp (NYSE:ENPC) » Definitions » Cash-to-Debt
Comparable Companies
ARTA RNER HCVI CPAR PCPC TPGY TWLV HIGA CPAA NDAC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
137 Newbury Street, 7th Floor, Boston, MA, USA, 02116
Website
https://www.enpc.co
Executive Network Partnering Corp is a blank check company.
Executives
Michael M Calbert director C/O DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Paul D Ryan director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Richard W Boyce director 301 COMMERCE STREET, SUITE 3300, FORTH WORTH TX 76102
Alex J. Dunn director C/O VIVINT SOLAR, INC., 3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Enpc Holdings, Llc 10 percent owner 137 NEWBURY STREET, 7TH FLOOR, BOSTON MA 02116