GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EnergyPathways PLC (LSE:EPP) » Definitions » Cash-to-Debt

EnergyPathways (LSE:EPP) Cash-to-Debt : No Debt (1) (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is EnergyPathways 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. EnergyPathways's cash to debt ratio for the quarter that ended in Jun. 2024 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, EnergyPathways could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(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 EnergyPathways's Cash-to-Debt or its related term are showing as below:

LSE:EPP's Cash-to-Debt is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.26
* Ranked among companies with meaningful Cash-to-Debt only.

EnergyPathways Cash-to-Debt Historical Data

The historical data trend for EnergyPathways'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.

* Premium members only.

EnergyPathways Cash-to-Debt Chart

EnergyPathways Annual Data
Trend Feb22 Feb23
Cash-to-Debt
No Debt No Debt

EnergyPathways Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Cash-to-Debt No Debt N/A No Debt No Debt

Competitive Comparison of EnergyPathways's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, EnergyPathways'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.

EnergyPathways's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

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


EnergyPathways 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.

EnergyPathways's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

EnergyPathways had no debt (1).

EnergyPathways's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

EnergyPathways had no debt (1).

* 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.

EnergyPathways  (LSE:EPP) 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.

EnergyPathways Cash-to-Debt Related Terms

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

EnergyPathways Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EnergyPathways PLC (LSE:EPP) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
Yeoman Way, Highdown House, West Sussex, Worthing, Sussex, GBR, BN99 3HH
Website
https://www.energypathways.uk
EnergyPathways PLC is an integrated energy transition company, initially targeting UK gas assets, to bring into production, in the near term, low-emission energy solutions to assist with the UK's transition to Net Zero while also providing critical supply to ensure domestic energy security. Its projects include the Marram Energy Storage Hub (MESH), a storage facility that is expected to provide a secure and dependable supply of natural gas and green hydrogen for the UK market. The company operates in a single segment, of natural gas exploration, appraisal and development, in a single geographical location, the East Irish Sea of the United Kingdom.

EnergyPathways Headlines