Erato Energy (WAR:ERA) Cash-to-Debt : 0.20 (As of Sep. 2024)

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What is Erato Energy 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. Erato Energy's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.20.

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, Erato Energy couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

WAR:ERA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 172.88 Max: No Debt
Current: 0.2

During the past 13 years, Erato Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 172.88.

WAR:ERA's Cash-to-Debt is ranked worse than
87.98% of 1007 companies
in the Semiconductors industry
Industry Median: 1.69 vs WAR:ERA: 0.20

Erato Energy Cash-to-Debt Historical Data

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

Erato Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.54

No Debt

0.61

0.10

0.71

Erato Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.71	0.36	0.25	0.20

Competitive Comparison of Erato Energy's Cash-to-Debt

For the Solar subindustry, Erato Energy'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.

Erato Energy's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Erato Energy's Cash-to-Debt distribution charts can be found below:

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

Erato Energy 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.

Erato Energy'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)
	=	5.646	/	(5.454	+	2.532)
	=	0.71

Erato Energy's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1.205	/	(3.866	+	2.085)
	=	0.20

Erato Energy (WAR:ERA) 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.

Erato Energy Cash-to-Debt Related Terms

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Erato Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Erato Energy SA (WAR:ERA) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

Szeligowska 42, Warszawa, POL, 01-320

Website

https://www.eratoenergy.pl

Erato Energy SA is engaged in tailored photovoltaic installations. It deals with photovoltaics which includes the assembly of sets of devices that produce electricity from solar energy. The elements of the photovoltaic set include Photovoltaic panels, Inverter, Wiring & security.