GEV (GE Vernova) Cash-to-Debt : 7.87 (As of Dec. 2024)

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What is GE Vernova 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. GE Vernova's cash to debt ratio for the quarter that ended in Dec. 2024 was 7.87.

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, GE Vernova could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

GEV' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.34 Med: 1.81 Max: 7.87
Current: 7.87

During the past 4 years, GE Vernova's highest Cash to Debt Ratio was 7.87. The lowest was 1.34. And the median was 1.81.

GEV's Cash-to-Debt is ranked better than
89.51% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.27 vs GEV: 7.87

GE Vernova Cash-to-Debt Historical Data

The historical data trend for GE Vernova'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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GE Vernova Cash-to-Debt Chart

GE Vernova Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

N/A

1.81

1.34

7.87

GE Vernova Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial				1.34	No Debt	No Debt	No Debt	7.87

Competitive Comparison of GE Vernova's Cash-to-Debt

For the Utilities - Renewable subindustry, GE Vernova'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.

GE Vernova's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GE Vernova's Cash-to-Debt distribution charts can be found below:

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

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GE Vernova 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.

GE Vernova's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	8205	/	(223	+	820)
	=	7.87

GE Vernova's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	8205	/	(223	+	820)
	=	7.87

GE Vernova (NYSE:GEV) 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.

GE Vernova Cash-to-Debt Related Terms

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GE Vernova Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (NYSE:GEV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GEV:Mexico Y5C:Germany G2EV34:Brazil Y5C:Bulgaria

Address

58 Charles Street, Cambridge, MA, USA, 02141

Website

https://www.gevernova.com

GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.