HydrogenOne Capital Growth (LSE:HGEN) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is HydrogenOne Capital Growth 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. HydrogenOne Capital Growth'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, HydrogenOne Capital Growth 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 HydrogenOne Capital Growth's Cash-to-Debt or its related term are showing as below:

LSE:HGEN' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, HydrogenOne Capital Growth's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:HGEN's Cash-to-Debt is ranked better than
99.8% of 505 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs LSE:HGEN: No Debt

HydrogenOne Capital Growth Cash-to-Debt Historical Data

The historical data trend for HydrogenOne Capital Growth'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.

HydrogenOne Capital Growth Cash-to-Debt Chart

HydrogenOne Capital Growth Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

HydrogenOne Capital Growth Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of HydrogenOne Capital Growth's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, HydrogenOne Capital Growth'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.

HydrogenOne Capital Growth's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

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

HydrogenOne Capital Growth Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

HydrogenOne Capital Growth's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

HydrogenOne Capital Growth had no debt ⁽¹⁾.

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

HydrogenOne Capital Growth had no debt ⁽¹⁾.

HydrogenOne Capital Growth (LSE:HGEN) 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.

HydrogenOne Capital Growth Cash-to-Debt Related Terms

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

HydrogenOne Capital Growth Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » HydrogenOne Capital Growth PLC (LSE:HGEN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.hydrogenonecapitalgrowthplc.com

HydrogenOne Capital Growth PLC provides investors with opportunities in clean hydrogen and energy storage for the energy transition.

HydrogenOne Capital Growth Headlines

No Headlines

HydrogenOne Capital Growth (LSE:HGEN) Cash-to-Debt : No Debt (1) (As of Jun. 2024)