Societatea Energetica Electrica (LSE:ELSA) Cash-to-Debt : 0.09 (As of Jun. 2024)

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What is Societatea Energetica Electrica 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. Societatea Energetica Electrica's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.09.

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, Societatea Energetica Electrica 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 Societatea Energetica Electrica's Cash-to-Debt or its related term are showing as below:

LSE:ELSA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.89 Max: 17.24
Current: 0.09

During the past 13 years, Societatea Energetica Electrica's highest Cash to Debt Ratio was 17.24. The lowest was 0.03. And the median was 0.89.

LSE:ELSA's Cash-to-Debt is ranked worse than
73.05% of 475 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs LSE:ELSA: 0.09

Societatea Energetica Electrica Cash-to-Debt Historical Data

The historical data trend for Societatea Energetica Electrica'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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Societatea Energetica Electrica Cash-to-Debt Chart

Societatea Energetica Electrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.81

0.59

0.17

0.10

0.09

Societatea Energetica Electrica Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.08	0.05	0.09	0.09

Competitive Comparison of Societatea Energetica Electrica's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, Societatea Energetica Electrica'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.

Societatea Energetica Electrica's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Societatea Energetica Electrica's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Societatea Energetica Electrica's Cash-to-Debt falls into.

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Societatea Energetica Electrica 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.

Societatea Energetica Electrica'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)
	=	86.071	/	(773.186	+	187.9)
	=	0.09

Societatea Energetica Electrica'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)
	=	109.113	/	(676.09	+	522.442)
	=	0.09

Societatea Energetica Electrica (LSE:ELSA) 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.

Societatea Energetica Electrica Cash-to-Debt Related Terms

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

Societatea Energetica Electrica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Societatea Energetica Electrica SA (LSE:ELSA) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

EL:Romania

Address

No. 9, Grigore Alexandrescu Street, 1st District, Bucharest, ROU, 010621

Website

https://www.electrica.ro

Societatea Energetica Electrica SA is a Romanian company, which is engaged in operation and development of electricity distribution networks and activities related to electricity supply to final consumers. It mainly acts as an electricity distribution operator and the main electricity supplier in North Transylvania, South Transylvania, and North Muntenia. The company operates through following segments: Electricity & gas supply, which is engaged in purchasing and supplying electricity and gas to end consumers; Electricity distribution, which provides electricity distribution services; External electricity network services, which offers repairs, maintenance and other services for electricity networks owned by other distributors; Electricity generation segment; and Headquarters.

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