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ESGL (ESGL Holdings) Cash-to-Debt : 0.04 (As of Jun. 2024)


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What is ESGL Holdings 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. ESGL Holdings's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.04.

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, ESGL Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ESGL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.13
Current: 0.04

During the past 5 years, ESGL Holdings's highest Cash to Debt Ratio was 0.13. The lowest was 0.02. And the median was 0.04.

ESGL's Cash-to-Debt is ranked worse than
91.74% of 242 companies
in the Waste Management industry
Industry Median: 0.365 vs ESGL: 0.04

ESGL Holdings Cash-to-Debt Historical Data

The historical data trend for ESGL Holdings'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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ESGL Holdings Cash-to-Debt Chart

ESGL Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
0.01 0.03 0.02 0.03 0.05

ESGL Holdings Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only 0.04 0.03 0.13 0.05 0.04

Competitive Comparison of ESGL Holdings's Cash-to-Debt

For the Waste Management subindustry, ESGL Holdings'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.

ESGL Holdings's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, ESGL Holdings's Cash-to-Debt distribution charts can be found below:

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


ESGL Holdings 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.

ESGL Holdings'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)
=0.367 / (5.858 + 2.087)
=0.05

ESGL Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
=0.257 / (4.822 + 1.852)
=0.04

* 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.

ESGL Holdings  (NAS:ESGL) 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.

ESGL Holdings Cash-to-Debt Related Terms

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ESGL Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » ESGL Holdings Ltd (NAS:ESGL) » Definitions » Cash-to-Debt
Comparable Companies
AWX GWAV SENR OCLN JAN DGWR SNRG WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340 SRCL ASX:CWY SZSE:300070
Traded in Other Exchanges
N/A
Address
101, Tuas South Avenue 2, Singapore, SGP, 637226
Website
https://www.esgroupholdings.com
ESGL Holdings Ltd Formerly Environmental Solutions Group Holdings Ltd is a waste management, treatment and recycling company involved in the collection and recycling of hazardous and non-hazardous industrial waste from customers such as pharmaceutical, semiconductor, petrochemical and electroplating companies.