ACP Energy (FRA:DU5) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2022)

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What is ACP Energy 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. ACP Energy's cash to debt ratio for the quarter that ended in Dec. 2022 was No Debt ⁽¹⁾.

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, ACP Energy could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

(1) 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.

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

FRA:DU5'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.

ACP Energy Cash-to-Debt Historical Data

The historical data trend for ACP Energy'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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ACP Energy Cash-to-Debt Chart

ACP Energy Annual Data

Trend

Cash-to-Debt

ACP Energy Semi-Annual Data
	Dec21	Dec22
Cash-to-Debt	N/A	No Debt

Competitive Comparison of ACP Energy's Cash-to-Debt

For the Shell Companies subindustry, ACP Energy'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.

ACP Energy's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

ACP Energy 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.

ACP Energy's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

ACP Energy's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

ACP Energy had no debt ⁽¹⁾.

ACP Energy (FRA:DU5) 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.

ACP Energy Cash-to-Debt Related Terms

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

ACP Energy (FRA:DU5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ACP Energy PLC (FRA:DU5) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 High Street, Lutterworth, GBR, LE17 4AT

Website

https://www.acpenergyplc.com

ACP Energy PLC was formed to acquire one or more target companies or businesses. The resulting investment may be in a company, partnership, special purpose vehicle or joint venture. It will focus on opportunities within the upstream oil and gas industry, such as exploration, appraisal, development or production of oil and gas, particularly projects with identified oil and/or natural gas reserves and/or resources.

ACP Energy (FRA:DU5) Headlines

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ACP Energy (FRA:DU5) Cash-to-Debt : No Debt (1) (As of Dec. 2022)