Clean Power Hydrogen (LSE:CPH2) Cash-to-Debt : 11.49 (As of Dec. 2023)

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What is Clean Power Hydrogen 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. Clean Power Hydrogen's cash to debt ratio for the quarter that ended in Dec. 2023 was 11.49.

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, Clean Power Hydrogen could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:CPH2' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 2.11 Max: 17.82
Current: 11.49

During the past 7 years, Clean Power Hydrogen's highest Cash to Debt Ratio was 17.82. The lowest was 0.04. And the median was 2.11.

LSE:CPH2's Cash-to-Debt is ranked better than
78.06% of 2926 companies
in the Industrial Products industry
Industry Median: 1.23 vs LSE:CPH2: 11.49

Clean Power Hydrogen Cash-to-Debt Historical Data

The historical data trend for Clean Power Hydrogen'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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Clean Power Hydrogen Cash-to-Debt Chart

Clean Power Hydrogen Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.11

7.10

0.35

17.82

11.49

Clean Power Hydrogen Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					0.35	25.36	17.82	16.19	11.49

Competitive Comparison of Clean Power Hydrogen's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Clean Power Hydrogen'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.

Clean Power Hydrogen's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Clean Power Hydrogen's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Clean Power Hydrogen's Cash-to-Debt falls into.

Clean Power Hydrogen 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.

Clean Power Hydrogen'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)
	=	8.468	/	(0.128	+	0.609)
	=	11.49

Clean Power Hydrogen's Cash to Debt Ratio for the quarter 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)
	=	8.468	/	(0.128	+	0.609)
	=	11.49

Clean Power Hydrogen (LSE:CPH2) 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.

Clean Power Hydrogen Cash-to-Debt Related Terms

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

Clean Power Hydrogen (LSE:CPH2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Clean Power Hydrogen PLC (LSE:CPH2) » Definitions » Cash-to-Debt

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G9Z:Germany

Address

Spinners Road, Unit D, Parkside Business Park, Doncaster, GBR, DN2 4BL

Website

https://www.cph2.com

Clean Power Hydrogen PLC is a technology and manufacturing company that is focused on the commercial production of green hydrogen in a simple, safe, and sustainable manner using its IP-protected Membrane-Free ElectrolyserTM technology. The group's main country of operation is the UK, with an existing customer base and operations established in the UK, Republic of Ireland and New Zealand.

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