TPC Consolidated (ASX:TPC) Cash-to-Debt : 6.56 (As of Dec. 2023)

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What is TPC Consolidated 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. TPC Consolidated's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.56.

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, TPC Consolidated 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 TPC Consolidated's Cash-to-Debt or its related term are showing as below:

ASX:TPC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 6.48 Max: No Debt
Current: 6.56

During the past 13 years, TPC Consolidated's highest Cash to Debt Ratio was No Debt. The lowest was 0.42. And the median was 6.48.

ASX:TPC's Cash-to-Debt is ranked better than
86.57% of 499 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs ASX:TPC: 6.56

TPC Consolidated Cash-to-Debt Historical Data

The historical data trend for TPC Consolidated'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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TPC Consolidated Cash-to-Debt Chart

TPC Consolidated Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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1.13

1.61

9.95

5.66

9.65

TPC Consolidated Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															8.82	5.66	8.97	9.65	6.56

Competitive Comparison of TPC Consolidated's Cash-to-Debt

For the Utilities - Diversified subindustry, TPC Consolidated'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.

TPC Consolidated's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

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

TPC Consolidated 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.

TPC Consolidated'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)
	=	33.083	/	(0.618	+	2.809)
	=	9.65

TPC Consolidated'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)
	=	23.153	/	(0.764	+	2.766)
	=	6.56

TPC Consolidated (ASX:TPC) 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.

TPC Consolidated Cash-to-Debt Related Terms

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TPC Consolidated (ASX:TPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » TPC Consolidated Ltd (ASX:TPC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

T7P:Germany

Address

225 George Street, Level 29, Sydney, NSW, AUS, 2000

Website

https://www.tpc.com.au

TPC Consolidated Ltd is engaged in the provision of retail electricity and gas services to residential and business customers and the provision of pre-paid mobile and related services in Australia. The company operates through two segments comprising Energy Services and Telecommunication Services, out of which the vast majority of the revenue is generated from Energy Services.