Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) Cash-to-Debt : 0.57 (As of Mar. 2024)

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What is Kazakhstan Electricity Grid Operating Company (KEGOC) JSC 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. Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.57.

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, Kazakhstan Electricity Grid Operating Company (KEGOC) JSC 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 Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Cash-to-Debt or its related term are showing as below:

XKAZ:KEGC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.48 Max: 0.76
Current: 0.57

During the past 13 years, Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's highest Cash to Debt Ratio was 0.76. The lowest was 0.22. And the median was 0.48.

XKAZ:KEGC's Cash-to-Debt is ranked better than
66.87% of 501 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs XKAZ:KEGC: 0.57

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC Cash-to-Debt Historical Data

The historical data trend for Kazakhstan Electricity Grid Operating Company (KEGOC) JSC'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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Kazakhstan Electricity Grid Operating Company (KEGOC) JSC Cash-to-Debt Chart

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.44

0.50

0.30

0.54

0.47

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC 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															0.49	0.45	0.37	0.47	0.57

Competitive Comparison of Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Cash-to-Debt

For the Utilities - Regulated Electric subindustry, Kazakhstan Electricity Grid Operating Company (KEGOC) JSC'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.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Cash-to-Debt falls into.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC 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.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC'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)
	=	76117.89	/	(8424.576	+	155110.813)
	=	0.47

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC'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)
	=	96751.102	/	(13991.561	+	154547.217)
	=	0.57

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) 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.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Kazakhstan Electricity Grid Operating Company (KEGOC) JSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

59, Tauelsyzdyk Avenue, Almaty district, Nur-Sultan, KAZ, Z00T2D0

Website

https://www.kegoc.kz

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC is engaged in electricity transmission in the inter-regional networks, technical dispatching of the electricity supply and consumption in the grid, and balancing of electricity production and consumption. Its segments are Electricity transmission and related support; Ensure readiness of electricity capacity to bear the power load; and Sale of purchased electricity. The company generates majority of its revenue from customers of Kazakhstan, Russian and Uzbekistan.

Kazakhstan Electricity Grid Operating Company (KEGOC) JSC (XKAZ:KEGC) Headlines

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