PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Cash-to-Debt : 1.00 (As of Mar. 2024)

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What is PT Pertamina Geothermal Energy Tbk 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. PT Pertamina Geothermal Energy Tbk's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.00.

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, PT Pertamina Geothermal Energy Tbk couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

FRA:NJ9' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.28 Max: 1
Current: 1

During the past 5 years, PT Pertamina Geothermal Energy Tbk's highest Cash to Debt Ratio was 1.00. The lowest was 0.11. And the median was 0.28.

FRA:NJ9's Cash-to-Debt is ranked better than
76.21% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs FRA:NJ9: 1.00

PT Pertamina Geothermal Energy Tbk Cash-to-Debt Historical Data

The historical data trend for PT Pertamina Geothermal Energy Tbk'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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PT Pertamina Geothermal Energy Tbk Cash-to-Debt Chart

PT Pertamina Geothermal Energy Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.11

0.15

0.13

0.28

0.93

PT Pertamina Geothermal Energy Tbk Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial									0.85	0.91	0.93	0.93	1.00

Competitive Comparison of PT Pertamina Geothermal Energy Tbk's Cash-to-Debt

For the Utilities - Renewable subindustry, PT Pertamina Geothermal Energy Tbk'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.

PT Pertamina Geothermal Energy Tbk's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Pertamina Geothermal Energy Tbk's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where PT Pertamina Geothermal Energy Tbk's Cash-to-Debt falls into.

PT Pertamina Geothermal Energy Tbk 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.

PT Pertamina Geothermal Energy Tbk'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)
	=	621.466	/	(15.048	+	655.134)
	=	0.93

PT Pertamina Geothermal Energy Tbk's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	667.57	/	(14.632	+	654.974)
	=	1.00

PT Pertamina Geothermal Energy Tbk (FRA:NJ9) 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.

PT Pertamina Geothermal Energy Tbk Cash-to-Debt Related Terms

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

PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Pertamina Geothermal Energy Tbk (FRA:NJ9) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

PGEO:Indonesia

Address

Jalan Medan Merdeka Timur No. 11-13, Grha Pertamina – Tower Pertamax, 7th Floor, Gambir, Jakarta Pusat, Jakarta, IDN, 10110

Website

https://www.pge.pertamina.com

PT Pertamina Geothermal Energy Tbk is engaged in geothermal activities, including in the upstream and or downstream sectors, in Indonesia and abroad, and other related or supporting business activities in the field of geothermal energy.

PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Headlines

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