Otter Tail (STU:OT4) Cash-to-Debt : 0.25 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Otter Tail 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. Otter Tail's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.25.

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, Otter Tail couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

STU:OT4' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.25
Current: 0.25

During the past 13 years, Otter Tail's highest Cash to Debt Ratio was 0.25. The lowest was 0.00. And the median was 0.00.

STU:OT4's Cash-to-Debt is ranked better than
51.3% of 499 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs STU:OT4: 0.25

Otter Tail Cash-to-Debt Historical Data

The historical data trend for Otter Tail'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.

Otter Tail Cash-to-Debt Chart

Otter Tail Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.14

0.25

Otter Tail Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.17	0.22	0.25	0.25

Competitive Comparison of Otter Tail's Cash-to-Debt

For the Utilities - Diversified subindustry, Otter Tail'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.

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

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

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

Otter Tail 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.

Otter Tail'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)
	=	211.252	/	(74.664	+	755.662)
	=	0.25

Otter Tail's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	219.105	/	(0	+	868.053)
	=	0.25

Otter Tail (STU:OT4) 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.

Otter Tail Cash-to-Debt Related Terms

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

Otter Tail (STU:OT4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Otter Tail Corp (STU:OT4) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

OTTR:USA OT4:Germany

Address

215 South Cascade Street, P.O. Box 496, Fergus Falls, MN, USA, 56538-0496

Website

https://www.ottertail.com

Otter Tail Corp is a U.S. energy company that primarily operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.

Otter Tail (STU:OT4) Headlines

No Headlines