Haffner Energy (XPAR:ALHAF) Cash-to-Debt : 3.99 (As of Sep. 2023)

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What is Haffner 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. Haffner Energy's cash to debt ratio for the quarter that ended in Sep. 2023 was 3.99.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Haffner Energy could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XPAR:ALHAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 3.99 Max: 9.99
Current: 3.99

During the past 4 years, Haffner Energy's highest Cash to Debt Ratio was 9.99. The lowest was 0.29. And the median was 3.99.

XPAR:ALHAF's Cash-to-Debt is ranked better than
85.95% of 427 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs XPAR:ALHAF: 3.99

Haffner Energy Cash-to-Debt Historical Data

The historical data trend for Haffner 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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Haffner Energy Cash-to-Debt Chart

Haffner Energy Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Cash-to-Debt

0.10

0.57

0.53

9.99

Haffner Energy Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			0.29	9.99	8.46	6.89	3.99

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

For the Utilities - Renewable subindustry, Haffner 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.

Haffner Energy's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

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

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

Haffner 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.

Haffner Energy's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	61.429	/	(1.215	+	4.937)
	=	9.99

Haffner Energy's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	21.007	/	(2.706	+	2.554)
	=	3.99

Haffner Energy (XPAR:ALHAF) 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.

Haffner Energy Cash-to-Debt Related Terms

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Haffner Energy (XPAR:ALHAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Haffner Energy SA (XPAR:ALHAF) » Definitions » Cash-to-Debt

Traded in Other Exchanges

X1B:Germany

Address

2 place de la Gare, Parc de l'Angevinière, Vitry-le-François, FRA, 51300

Website

https://www.haffner-energy.com

Haffner Energy SA is the designer and builder of HYNOCA, a disruptive carbon-negative solution for producing competitive renewable hydrogen.

Haffner Energy (XPAR:ALHAF) Headlines

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