Power Grid Company of Bangladesh (DHA:POWERGRID) Cash-to-Debt

: 0.03 (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. Power Grid Company of Bangladesh's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.

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, Power Grid Company of Bangladesh 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 Power Grid Company of Bangladesh's Cash-to-Debt or its related term are showing as below:

DHA:POWERGRID' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.07 Max: 0.12
Current: 0.03

During the past 11 years, Power Grid Company of Bangladesh's highest Cash to Debt Ratio was 0.12. The lowest was 0.03. And the median was 0.07.

DHA:POWERGRID's Cash-to-Debt is ranked worse than
86.15% of 491 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs DHA:POWERGRID: 0.03

Power Grid Company of Bangladesh Cash-to-Debt Historical Data

The historical data trend for Power Grid Company of Bangladesh'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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Power Grid Company of Bangladesh Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.08

0.06

0.03

0.04

Power Grid Company of Bangladesh 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																0.04	0.04	0.04	0.04	0.03

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Power Grid Company of Bangladesh'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.

Power Grid Company of Bangladesh Cash-to-Debt Distribution

For the Utilities - Regulated industry and Utilities sector, Power Grid Company of Bangladesh's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Power Grid Company of Bangladesh's Cash-to-Debt falls into.

Power Grid Company of Bangladesh 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.

Power Grid Company of Bangladesh'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)
	=	15409.609	/	(4552.418	+	401674.255)
	=	0.04

Power Grid Company of Bangladesh'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)
	=	14204.842	/	(2090.867	+	434274.059)
	=	0.03

Power Grid Company of Bangladesh (DHA:POWERGRID) 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.

Power Grid Company of Bangladesh Cash-to-Debt Related Terms

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Power Grid Company of Bangladesh (DHA:POWERGRID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Power Grid Company of Bangladesh Ltd (DHA:POWERGRID) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

PGCB Bhaban, Avenue-03, Jahurul Islam City, Aftabnagar, Badda, Dhaka, BGD, 1212

Website

http://www.pgcb.gov.bd

Power Grid Company of Bangladesh Ltd is involved in planning, promoting, developing, operating, and maintaining an integrated and efficient power transmission system/network throughout Bangladesh. It also provides transmission lines, sub-stations, load dispatch centers, communication facilities, and others.

Power Grid Company of Bangladesh (DHA:POWERGRID) Headlines

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