Terragen Holdings (ASX:TGH) Cash-to-Debt : 13.35 (As of Dec. 2023)

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What is Terragen Holdings 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. Terragen Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 13.35.

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, Terragen Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:TGH' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.35 Med: 26.3 Max: 39.36
Current: 13.35

During the past 5 years, Terragen Holdings's highest Cash to Debt Ratio was 39.36. The lowest was 13.35. And the median was 26.30.

ASX:TGH's Cash-to-Debt is ranked better than
86.07% of 244 companies
in the Agriculture industry
Industry Median: 0.78 vs ASX:TGH: 13.35

Terragen Holdings Cash-to-Debt Historical Data

The historical data trend for Terragen Holdings'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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Terragen Holdings Cash-to-Debt Chart

Terragen Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

89.59

34.41

32.52

20.09

17.46

Terragen Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				-	20.09	16.47	17.46	13.35

Competitive Comparison of Terragen Holdings's Cash-to-Debt

For the Agricultural Inputs subindustry, Terragen Holdings'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.

Terragen Holdings's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Terragen Holdings's Cash-to-Debt distribution charts can be found below:

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

Terragen Holdings 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.

Terragen Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	4.174	/	(0.219	+	0.02)
	=	17.46

Terragen Holdings's Cash to Debt Ratio for the quarter 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)
	=	5.686	/	(0.192	+	0.234)
	=	13.35

Terragen Holdings (ASX:TGH) 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.

Terragen Holdings Cash-to-Debt Related Terms

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Terragen Holdings (ASX:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Terragen Holdings Ltd (ASX:TGH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Access Crescent, Unit 6, Coolum Beach, QLD, AUS, 4573

Website

https://www.terragen.com.au

Terragen Holdings Ltd is an Australia based developer of agricultural bio solutions whose core technology platform addresses soil health and productivity, animal health and nutrition without relying on chemical-based fertilizers, pesticides and antibiotics. Its products include Mylo and Great Land Plus. Geographically, it operates within Australia and Newzealand.