Invinity Energy Systems (LSE:IES) Cash-to-Debt : 10.17 (As of Jun. 2023)

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What is Invinity Energy Systems 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. Invinity Energy Systems's cash to debt ratio for the quarter that ended in Jun. 2023 was 10.17.

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, Invinity Energy Systems could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

LSE:IES' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.04 Med: 10.17 Max: No Debt
Current: 10.17

During the past 5 years, Invinity Energy Systems's highest Cash to Debt Ratio was No Debt. The lowest was 1.04. And the median was 10.17.

LSE:IES's Cash-to-Debt is ranked better than
90.21% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs LSE:IES: 10.17

Invinity Energy Systems Cash-to-Debt Historical Data

The historical data trend for Invinity Energy Systems'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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Invinity Energy Systems Cash-to-Debt Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

1.04

29.04

34.23

3.01

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial					14.51	34.23	9.73	3.01	10.17

Competitive Comparison of Invinity Energy Systems's Cash-to-Debt

For the Utilities - Renewable subindustry, Invinity Energy Systems'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.

Invinity Energy Systems's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

Invinity Energy Systems 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.

Invinity Energy Systems's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	5.137	/	(0.74	+	0.969)
	=	3.01

Invinity Energy Systems's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	12.929	/	(0.601	+	0.67)
	=	10.17

Invinity Energy Systems (LSE:IES) 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.

Invinity Energy Systems Cash-to-Debt Related Terms

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Invinity Energy Systems (LSE:IES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Invinity Energy Systems PLC (LSE:IES) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IESVF:USA IES.GB:UK J4Q5:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

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