American Electric Power Co (BSP:A1EP34) Cash-to-Debt

: 0.01 (As of Dec. 2023)

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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. American Electric Power Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, American Electric Power Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for American Electric Power Co's Cash-to-Debt or its related term are showing as below:

BSP:A1EP34' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.01

During the past 13 years, American Electric Power Co's highest Cash to Debt Ratio was 0.03. The lowest was 0.01. And the median was 0.02.

BSP:A1EP34's Cash-to-Debt is ranked worse than
94.3% of 491 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs BSP:A1EP34: 0.01

American Electric Power Co Cash-to-Debt Historical Data

The historical data trend for American Electric Power Co'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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American Electric Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.02

0.01

American Electric Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.02	0.01	0.01	0.01	0.01

Competitive Comparison

For the Utilities - Regulated Electric subindustry, American Electric Power Co'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.

American Electric Power Co Cash-to-Debt Distribution

For the Utilities - Regulated industry and Utilities sector, American Electric Power Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where American Electric Power Co's Cash-to-Debt falls into.

American Electric Power Co 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.

American Electric Power Co'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)
	=	2667.451	/	(26637.273	+	187035.656)
	=	0.01

American Electric Power Co'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)
	=	2667.451	/	(26637.273	+	187035.656)
	=	0.01

American Electric Power Co (BSP:A1EP34) 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.

American Electric Power Co Cash-to-Debt Related Terms

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American Electric Power Co (BSP:A1EP34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » American Electric Power Co Inc (BSP:A1EP34) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AEP:USA AEP:Germany AEPC:Austria

Address

1 Riverside Plaza, Columbus, OH, USA, 43215-2373

Website

https://www.aep.com

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 42% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (21%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.

American Electric Power Co (BSP:A1EP34) Headlines

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