Mississippi Power Co (Mississippi Power Co) Cash-to-Debt : 0.14 (As of Jun. 2018)

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What is Mississippi Power Co 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. Mississippi Power Co's cash to debt ratio for the quarter that ended in Jun. 2018 was 0.14.

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, Mississippi Power Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2018.

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

MPpD.CL.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.09 Max: No Debt
Current: 0.06

During the past 11 years, Mississippi Power Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.09.

MPpD.CL.PFD's Cash-to-Debt is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.25 vs MPpD.CL.PFD: 0.06

Mississippi Power Co Cash-to-Debt Historical Data

The historical data trend for Mississippi Power Co'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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Mississippi Power Co Cash-to-Debt Chart

Mississippi Power Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

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0.07

0.05

0.04

0.09

0.23

Mississippi Power Co Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.20	0.23	0.09	0.14

Competitive Comparison of Mississippi Power Co's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, Mississippi Power Co'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.

Mississippi Power Co's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

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

Mississippi Power Co 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.

Mississippi Power Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 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)
	=	248	/	(4	+	1097)
	=	0.23

Mississippi Power Co's Cash to Debt Ratio for the quarter that ended in Jun. 2018 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)
	=	228	/	(100	+	1522)
	=	0.14

Mississippi Power Co (NYSE:MPpD.CL.PFD) 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.

Mississippi Power Co Cash-to-Debt Related Terms

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

Mississippi Power Co (Mississippi Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Mississippi Power Co (NYSE:MPpD.CL.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mississippipower.com

Mississippi Power Co operates as a vertically integrated utility providing electricity to retail customers within its traditional service territory located within the State of Mississippi and to wholesale customers in the Southeast.

Executives

Anthony L Wilson	officer: Executive Vice President	30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
G Edison Holland	officer: President & CEO	270 PEACHTREE ST NW BIN 910, ATLANTA GA 30303
Iv Edward Day,	officer: President and CEO	30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308
Royce Cumbest	director	3118 PASCAGOULA STREET, PASCAGOULA MS 39567
Carl J Chaney	director	146 LAKE TRIAL, FLORA MS 39071
Christine L Smilek	director	P O BOX 4019, GULFPORT MS 39502
Hood Warren A Jr	director	623 MAIN STREET, HATTIESBURG MS 39401
Anthony J Topazi	director, officer: President and CEO	P O BOX 4079, GULFPORT MS 395024079

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