Phoenix Power CoOG (MUS:PHPC) Cash-to-Debt : 0.09 (As of Dec. 2022)

View and export this data going back to 2015. Start your Free Trial

What is Phoenix Power CoOG 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. Phoenix Power CoOG's cash to debt ratio for the quarter that ended in Dec. 2022 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, Phoenix Power CoOG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

MUS:PHPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.1
Current: 0.1

During the past 10 years, Phoenix Power CoOG's highest Cash to Debt Ratio was 0.10. The lowest was 0.02. And the median was 0.04.

MUS:PHPC's Cash-to-Debt is ranked worse than
69.7% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs MUS:PHPC: 0.10

Phoenix Power CoOG Cash-to-Debt Historical Data

The historical data trend for Phoenix Power CoOG'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.

Phoenix Power CoOG Cash-to-Debt Chart

Phoenix Power CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.04

0.09

0.10

Phoenix Power CoOG Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.10	0.15	0.09	0.10

Competitive Comparison of Phoenix Power CoOG's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Phoenix Power CoOG'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.

Phoenix Power CoOG's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

Phoenix Power CoOG 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.

Phoenix Power CoOG'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)
	=	20.028	/	(36.672	+	156.241)
	=	0.10

Phoenix Power CoOG's Cash to Debt Ratio for the quarter 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)
	=	20.28	/	(34.798	+	191.827)
	=	0.09

Phoenix Power CoOG (MUS:PHPC) 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.

Phoenix Power CoOG Cash-to-Debt Related Terms

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

Phoenix Power CoOG (MUS:PHPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Phoenix Power Co SAOG (MUS:PHPC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sur, Muscat, OMN

Website

https://www.phoenixpoweroman.com

Phoenix Power Co SAOG is an Oman-based power plant operator. It develops, finance, design, constructs, operates, maintains, insure, and own a power generating station and associated gas interconnection facilities and other relevant infrastructure. It has two operating segments Capacity charges and Energy charges The majority of its revenue comes from Energy charges.

Phoenix Power CoOG (MUS:PHPC) Headlines

No Headlines